THE Central Bank of Nigeria (CBN) has released a total of $1.259 billion to petroleum marketers for the importation of…
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NIGERIA’s expenditure on foreign medical services has dropped sharply by 52 per cent under the administration of President Bola Ahmed…
THE House of Representatives has launched a probe into what it described as rampant and unjustified deductions from the accounts…
THE Central Bank of Nigeria (CBN) has issued a draft guideline on the operations of Automated Teller Machines (ATMs), mandating…
THE Central Bank of Nigeria (CBN) has introduced a new set of operational guidelines for agent banking, placing a daily…
THE Central Bank of Nigeria has raised the alarm that the abuse and poor handling of naira banknotes are significantly…
THE Central Bank of Nigeria’s Monetary Policy Committee has reduced the interest rate by 50 basis points, from 27.5 percent…
THE House of Representatives Joint Committees on Public Accounts and Public Assets have issued a stern warning to the Governor…
PRESIDENT Bola Ahmed Tinubu on Monday convened a high-level strategic briefing with key figures from Nigeria’s economic, fiscal, and energy…
THE Central Bank of Nigeria has warned that rising input costs across key sectors could spark a new wave of…
AS of the end of the first half of 2025, at least five banks have met the new capital thresholds…
THE Bank Customers Association of Nigeria has revealed that it has written to the Central Bank of Nigeria about the…
AHEAD of next month’s Monetary Policy Committee meeting, a new research note by Renaissance Capital has revealed that Nigeria’s banking…
THE Central Bank of Nigeria (CBN) has debunked a news story in circulation suggesting that the Bank has extended the…
OVER 1,500 Bureau De Change (BDC) operators may have to shut down operations across Nigeria as the Central Bank of…
THE Central Bank of Nigeria has approved the request of 2025 intending pilgrims to be granted cash transactions for the…
THE Nigerian electricity sector slowed in the fourth quarter of 2024 (Q4 2024), with the electricity production index declining by…
THE Central Bank of Nigeria (CBN) has sounded the alarm over the growing trend of illicit transactions involving banknotes, urging…
THE House of Representatives on Tuesday directed the Central Bank of Nigeria (CBN) to immediately suspend the implementation of increased…
WHEN in July 2024, the Supreme Court gave a ruling that effectively granted financial autonomy to the 774 local government…