LG Autonomy at Stake, NULGE Sounds Warning to CBN Avoid Collusion with Governors

By John Joseph Kindly share this news The Nigerian Union of Local Government Employees (NULGE) has…

Naira Suffers 41% Decline in 2024, Defying CBN’s Forex Reforms

By Abidemi Samuel Kindly share this news Despite the Central Bank of Nigeria’s (CBN) efforts to…

CBN Grants Temporary Reprieve to BDCs with $25,000 Weekly FX Allocation

By Abidemi Samuel Kindly share this news In a move designed to cater to the seasonal…

Nigerians Continue to Abuse Naira Notes Despite Ban

By Abidemi Samuel Kindly share this news A disturbing trend of naira abuse persists in Nigeria,…

Nigeria’s economy still facing crisis – CBN

The Central Bank of Nigeria, CBN, has said that Nigeria remains in a financial and economic…

House of Representatives Orders CBN to Suspend Mass Retirement of 1,000 Staff

By Abidemi Samuel Kindly share this news The House of Representatives has directed the Central Bank…

CBN Threatens to Impose Fines on Banks Over Cash Scarcity At ATM Machine

By John Joseph Kindly share this news The Central Bank of Nigeria (CBN) has issued a…

Expert Advocates Zonal Specialization in Food Production to Curb Inflation

By oluwaseyi Adediran Kindly share this news In a bid to tackle the rising inflation rate…

Kano State High Court Blocks CBN, Accountant-General from Withholding Local Government Funds

By Jemilu Hassan Kindly share this news In a significant ruling, Justice Ibrahim Musa-Muhammad of the…

PDP Youth Frontiers Hails Court Ruling on Rivers State Allocation

The Peoples Democratic Party, PDP Youth Frontiers has expressed satisfaction in the ruling by the Federal…

CBN Clarifies: Old Naira Notes Remain Legal Tender Indefinitely

The Central Bank of Nigeria has announced that there is no deadline on the circulation of…

Moghalu boycotts Media Interviews, Slams Govts Handling of Economic Crisis

Former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has disclosed that he…

CBN Allows Dollar Sales to Licensed BDC Operators at N1580 Rate

The Central Bank of Nigeria has approved the sale of 20,000 Dollar each to legible Bureau…

Pressures easing as Nigeria’s budget deficit drops by 29% to N2.83tn

Nigeria’s fiscal pressures seem to be easing as the country’s budget deficit dropped by 29 percent…

CBN approves merger of Unity, Providus Banks

The Central Bank of Nigeria, CBN, has officially approved the merger of Providus Bank and Unity…

Nigeria: Police Investigate Group of Companies for Alleged Fraud, Terrorism Financing

By Dinah Uwese Kindly share this news   The police said the group was involved in…

Naira Plummets to N1,555/$ in Parallel Market, N1,577.29 in NAFEM

By John Joseph Kindly share this news   The Nigerian currency, Naira, has suffered a significant…

Central Bank of Nigeria Intervenes in Foreign Exchange Market with $122.67m Sales

By Chukwuemeka Umesi Kindly share this news   The Central Bank of Nigeria (CBN) has taken…

Why CBN insists on another capitalization – Cardoso

By Abidemi Samuel Kindly share this news     The Central Bank of Nigeria (CBN) is…