A former Deputy Governor of the Central Bank of Nigeria, Kingsley Moghalu, has faulted the position of those expecting naira to stabilise at N400 to...
Despite the marginal gains recorded so far as exemplified by the Naira sustaining rally after the apex bank’s intervention, the monetary and fiscal authorities should...
The loan is also expected to help stabilise the foreign exchange market, enable authorities to meet forex demand, and improve the value of the Nigerian...
The latest earnings results on the NGX show that blue-chip brands that include Airtel Africa, Guinness Nigeria, Nigerian Breweries, and Cadbury Nigeria lost a significant...
The Central Bank of Nigeria (CBN), has withdrawn the operating licenses of 2,698 Bureau de Change (BDC) operators, and released a list of dealers it...
The Central Bank of Nigeria (CBN) issued a directive yesterday to International Money Transfer Operators (IMTOs), instructing them to convert received dollars from Diaspora remittances...
Nigeria’s total trade value amounted to N12.05 trillion in the first quarter of 2023 despite Naira depreciation and scarcity. The latest trade statistics published by...
•As currency outside banks rises 43% to N2.1trn There are indications that Nigerians have resumed cash hoarding following the relaxing of the currency redesign and...
New Naira Notes Scarcity, CBN May Phase Out Newly Redesigned Notes, Nigerians Says Central Bank of Nigeria may be gradually withdrawing the newly redesigned...
The Central Bank Of Nigeria has approved the circulation of old naira notes to customers at their various Banks’ automated teller machines (ATMs) terminals and...
Prince Adebayo Speaks On Security, Economy At NBA Dialogue The Presidential Candidate of the Social Democratic Party (SDP), Prince Adewole Adebayo on Monday said the...
Less than a week before the February 25th presidential election, presidential candidate of the Social Democratic Party (SDP), Prince Adewole Adebayo, African Democratic Congress (ADC),...
Ten states have asked the Supreme Court to set aside the pronouncement of President Muhammadu Buhari banning old N500 and N1,000 notes. The governors, in...
He also advised the immediate suspension of associated charges on online transactions and bank transfers. The presidential candidate of the All Progressives Congress (APC), Bola...