The Central Bank of Nigeria (CBN) has authorized banks to trade with foreign currency deposits made under its new amnesty initiative, the “Disclosure Scheme.” This directive,...
The Senate on Tuesday at plenary passed a bill to strengthen the capacity of the Nigeria Deposit Insurance Corporation’s(NDIC) to safeguard depositors fund and strengthen financial...
The Federal Competition and Consumer Protection Commission has issued a stern warning to banks in Nigeria regarding ongoing disruptions to online banking services that have impacted...
First Bank has announced plans to transition to a new cloud-based procurement and financial platform as part of its ongoing strategy to improve operational efficiency and...
The Central Bank of Nigeria says the N200, N500, and N1,000 banknotes will still remain valid after December 31, 2024. The spokesperson of CBN, Sidi Ali...
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has said that the apex bank does not determine the foreign exchange rate. The CBN...
The Central Bank of Nigeria (CBN) has taken steps to manage the country’s rising money supply, withdrawing N1.335 trillion from circulation. The measure, often referred to...
The Central Bank of Nigeria (CBN) on Friday said it sold 543.5 million dollars through a two-way quote at the Nigeria Foreign Exchange Market (NFEM) to...
The Central Bank of Nigeria (CBN) has expressed concerns over the country’s foreign exchange reserves, citing potential risks stemming from the removal of the petrol subsidy...
The Central Bank of Nigeria (CBN) has mandated all Payment Service Providers to route transactions from Point of Sale (PoS) terminals—both physical and electronic—through an approved...
African Democratic Congress (ADC) has welcomed the Supreme Court ruling affirming Sen. David Mark as the National Chairman and Rauf...
The Minister of the Federal Capital Territory, Nyesom Wike, has said the Supreme Court judgment on the leadership of the...
A faction of the Peoples Democratic Party (PDP) has said that the recent Supreme Court judgment left the party without...
Former Vice President Atiku Abubakar on Thursday is currently in a meeting with key leaders and stakeholders of the African...
The Supreme Court has set aside the order made by the Court of Appeal in Abuja ordering the maintenance of...
Cadbury Nigeria Plc on Wednesday announced the resignation of its director, Ibukun Awosika, from the company’s board. The company disclosed...
The Dangote Refinery has increased its ex-depot price of Premium Motor Spirit by N75 per litre, deepening concerns over a...
Nigeria’s total public debt rose to N159.28 trillion in the fourth quarter of 2025, with Lagos and Rivers states accounting...
Governor Babajide Sanwo-Olu has signed a Power Purchase Agreement (PPA) with three electricity-generating companies as part of efforts to improve...
The Nigerian National Petroleum Corporation (NNPC) Limited has described as false misleading information about the sale of refinery scrap materials...
Nigerian entrepreneur and socialite, Pascal Chibuike Okechukwu, popularly known as Cubana Chief Priest, has purchased the All Progressives Congress (APC)...
Grammy-award-winning singer Burna Boy has caused a stir on social media after a clip from an interview with Ebuka Obi-Uchendu...
The Economic and Financial Crimes Commission (EFCC) has dismissed a viral report alleging that the foremost Nigerian comedian and content...
Rapper Offset is reportedly stable after being shot on Monday at a Florida airport, with local authorities confirming that two...
Popular Nigerian music star, Bukola Elemide professionally known as Asa, has announced her mother’s passage. Asa announced her mother’s death...