In a significant development, the Central Bank of Nigeria (CBN) has directed four prominent fintech firms, namely Opay, Palmpay, Kuda Bank, and Moniepoint, to suspend the...
The Central Bank of Nigeria’s Monetary Policy Committee has wrapped up its two-day March 2024 meeting, marking the second MPC gathering of the year and the...
The Central Bank of Nigeria (CBN) has achieved a significant milestone by settling all valid foreign exchange backlogs amounting to $7 billion, fulfilling a crucial promise...
In a financial move poised to impact the nation’s fiscal landscape, the Central Bank of Nigeria (CBN) is gearing up for a Treasury Bills Primary Market...
In a testament to Nigeria’s economic strength, the country’s external reserves have surged by 2.83% year-to-date, propelled by increased foreign capital and remittances. Recent data from...
In a strategic move to address the escalating demand for invisible transactions, the Central Bank of Nigeria (CBN) has officially commenced the sale of US dollars...
In a significant monetary policy move, the Central Bank of Nigeria’s Monetary Policy Committee, led by Governor Yemi Cardoso, has decided to raise the Monetary Policy...
In a significant development, the board of directors of the Nigerian National Petroleum Company Limited (NNPC Ltd) has approved the transfer of revenue in US dollars...
Imo State Governor, Hope Uzodinma, who serves as the Chairman of the Progressives Governors’ Forum and the South East Governors’ Forum, has voiced his support for...
Imo State Governor, Hope Uzodinma, has expressed support for the Federal Government’s decision to relocate the headquarters of the Federal Airports Authority of Nigeria (FAAN) and...