The Central Bank of Nigeria (CBN), under the leadership of Governor Olayemi Cardoso, has initiated a probe alongside the Economic and Financial Crimes Commission (EFCC) into...
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has once again voiced apprehension regarding the availability of sufficient crude oil for the operation...
In recent trading, the Naira continued its upward trajectory against the dollar, marking a positive trend for the Nigerian currency. According to data from the...
In a recent directive, the Central Bank of Nigeria (CBN) has called upon deposit money banks across the nation to accelerate their efforts to bolster their...
The Nigerian naira saw a boost in value, reaching N1,430 per dollar in the parallel market, marking a significant improvement from its previous rate of N1,470...
The Federal Government has initiated legal proceedings against Binance, a leading cryptocurrency exchange platform. Announced by the Federal Inland Revenue Service (FIRS) on Monday, the charges...
The Nigerian Federal Government has issued an update regarding its N50,000 Presidential Conditional Grant Scheme, aimed at citizens across the 774 local government areas. Applicants are...
Former deputy governor of the Central Bank of Nigeria, Kingsley Moghalu, has dismissed expectations of the Naira reaching N400 to the Dollar as unrealistic, asserting that...
The foreign exchange rate for cargo clearance at Nigeria’s seaports and international airports has experienced a significant reduction, mirroring the strengthening of the Naira against foreign...
According to documents obtained from the Central Bank of Nigeria (CBN), thirty-one state governments are currently indebted to the tune of N339.9 billion in bailout funds....