Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has said current total outstanding FX obligations stood at $2.2 billion. Governor of the Central...
The Central Bank of Nigeria has denied reports claiming it plans of converting $30 billion domiciliary deposits in Nigerian commercial banks into Naira. Punch had reported...
The Central Bank of Nigeria (CBN), has removed the allowable limit of exchange rate quoted by the International Money Transfer Operators (IMTOs). This is according to...
The Central Bank of Nigeria (CBN) on Wednesday, Jan. 31, imposed limits on how much banks can hold in foreign currencies. The apex bank expressed concern...
The Senate Committee on Banking, Insurance and other Financial Institutions held an emergency meeting on Wednesday where they resolved to summon the Governor of Central Bank...
The Central Bank of Nigeria (CBN), on Tuesday, said it has cleared verified outstanding liabilities to foreign airlines with $64.44 million. The money is forex backlog accumulated...
The Central Bank of Nigeria, CBN, has announced that it is injecting another $500 million to clear the foreign exchange backlog. Hakama Sidi Ali, Acting Director...
The Central Bank of Nigeria (CBN) says it has paid approximately two billion dollars in its bid to clear the backlog of outstanding foreign exchange liabilities...
A female staff member of Globus Bank, Amarachi Ugochukwu, has committed suicide in Lagos, attributing it to economic hardship. The 32-year-old left a note found beside...
The Central Bank of Nigeria, CBN, has approved the appointments of new board of directors for Polaris, Union, and Keystone banks. The appointment is coming a...
The Wuse Ward chapter of the African Democratic Congress, ADC, in the Federal Capital Territory, FCT, has slammed an indefinite...
The Minister of the Federal Capital Territory, Nyesom Wike-backed Peoples Democratic Party (PDP), has released its timetable for 2027 General...
Former Governor of Sokoto State, Senator Aminu Tambuwal, has formally resigned his membership of the Peoples Democratic Party (PDP) and...
The Executive Chairman of the Oyo State Universal Basic Education Board (OYOSUBEB), Dr. Nureni Aderemi Adeniran, has formally declared his...
The Senate has confirmed the appointment of Taiwo Oyedele as a minister-designate under the administration of President Bola Tinubu. The...
The Nigerian National Petroleum Company Limited, NNPCL, has reduced its petrol price following Dangote Refinery’s announcement of a gantry price...
The Kano State chapter of the Association of Table Water Producers (ATWAP) has announced an upward review in the price...
Nigerian National Petroleum Company Limited has secured President Bola Ahmed Tinubu’s approval for a $20 billion final investment in the...
President Bola Ahmed Tinubu has directed the immediate deployment of 100,000 Compressed Natural Gas (CNG) conversion kits across Nigeria to...
Dangote refinery has lowered petrol and diesel prices by N100. In the latest pricing template from the refinery, issued on...
MultiChoice, parent company of DStv and GOtv, has revealed plans to shut down its streaming platform Showmax after more than...
The Medical and Dental Practitioners Investigation Panel has suspended Dr. Tunde Majekodunmi, Medical Director of Euracare Multi-Specialist Hospital, and two...
Fast-rising Afrobeats singer Awosika Josiah, popularly known as Fido, has issued a public apology following months of criticism and controversy...
Popular TikTok content creator Peller narrowly escaped a fire outbreak in the early hours of Saturday after his newly acquired...
Dele Momodu,Nigerian politician has disclosed that talks are ongoing with Adeleke’s family to settle the legal dispute between singer Davido...