The World Bank has stated that Nigeria’s inflation rate will remain high at 24.8 percent year-on-year, YoY, in 2024. The World Bank also reaffirmed its projection...
The Central Bank of Nigeria, CBN, has prohibited the use of Foreign Currency-denominated collaterals for Naira loans by all Nigerian banks. The apex bank disclosed this...
Emirates, UAE, has concluded plans to resume flights with Nigeria. This followed numerous visits from President Bola Tinubu to UAE over the communication breakdown between both...
The Central Bank of Nigeria (CBN) has approved daily sales of 10,000 dollars to 1,588 eligible Bureau De Change operators at the rate of N1,101 to...
The Central Bank of Nigeria has begun another tranche of dollar sales to Bureau De Change Operators to further boost Naira’s appreciation at foreign exchange market....
The Chartered Institute of Bankers of Nigeria, CIBN, says it recorded a 63.60 per cent growth of operating revenue, which stood at N1.37 billion in 2023,...
Jim Obazee, the Special Investigator of the Central Bank of Nigeria (CBN) and its erstwhile governor, Godwin Emefiele, has wound up its assignment. President Bola Tinubu...
The Nigerian Electricity Regulatory Commission (NERC) has fined the Abuja Electricity Distribution Company (AEDC) N200 million for failure to comply with the prescribed customer band classifications...
President Bola Tinubu has called on Gavi, the Vaccine Alliance, to collaborate with potential Nigerian vaccine manufacturers to ensure equitable access to life-saving vaccines for children...
The Nigerian Electricity Regulatory Commission (NERC) says the increase in tariff will only affect customers enjoying 20 hour power supply across the country. Mr Mr Musliu...