By John Joseph Kindly share this news The Nigerian Union of Local Government Employees (NULGE) has…
Tag: CBN
Nigerians in Diaspora Commission Applauds CBN Governor for Innovative Financial Initiatives
By Abidemi Samuel Kindly share this news The Nigerians in Diaspora Commission (NiDCOM) has commended the…
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…