In a significant move to combat the devaluation of the Naira and curb currency speculation, the Federal Government of Nigeria has unveiled plans to automate all...
Effective November 1, 2023, the Central Bank of Nigeria (CBN) is set to introduce sanctions against deposit money banks (DMBs) that reject customers’ cheques. This decisive...
In a scathing critique of the current administration led by President Bola Tinubu, former Minister of Aviation, Osita Chidoka, has voiced his apprehensions regarding the appointment...
In a significant development, the Central Bank of Nigeria (CBN) has announced the removal of foreign exchange restrictions on the importation of 43 specific items. This...
Olayemi Cardoso, the newly appointed Governor of the Central Bank of Nigeria (CBN), has revealed his comprehensive plans to address the ongoing challenges in the country’s...
Nigeria’s economy is facing a severe shock as the country’s inflation rate reached a staggering 25.80% in August, marking the highest figure since August 2005, according...