Nigeria, March 26 -- The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) on Monday expressed concerns over the clearing of the Central Bank of Nigeria forex bac... Read More
Nigeria, March 26 -- The Central Bank of Nigeria (CBN), on Tuesday, raised the interest rate by 200 basis points from 22.75 per cent to 24.75 per cent amid soaring inflation. The central bank made th... Read More
Nigeria, March 26 -- The Central Bank of Nigeria on Monday disclosed that it sold $10,000 to each Bureau De Change operators at a rate of N1,251 per U.S. dollar. The bank disclosed this in a circular... Read More
Nigeria, March 26 -- As the Central Bank of Nigeria (CBN) scheduled Monetary Policy Committee (MPC) meeting begins Monday, analysts have made projections about possible resolutions of the committee. ... Read More
Nigeria, March 25 -- The federal government of Nigeria on Monday initiated criminal proceedings against Binance, a leading cryptocurrency exchange platform. The Federal Inland Revenue Service (FIRS) ... Read More
Nigeria, March 22 -- A member of the Central Bank of Nigeria's Monetary Policy Committee (MPC), Murtala Sagagi, has highlighted the complex nature of Nigeria's inflation challenges. According to him,... Read More
Nigeria, March 21 -- The Central Bank of Nigeria (CBN) on Wednesday announced it has cleared all 'valid' foreign exchange backlogs. This move, announced by the bank's Acting Director of Corporate Com... Read More
Nigeria, March 19 -- Zenith Bank Plc has announced the appointment of Adaora Umeoji as its Group Managing Director/Chief Executive Officer, effective from 1 June. This appointment marks the first tim... Read More
Nigeria, March 17 -- The Central Bank of Nigeria (CBN) has reaffirmed its directive to banks regarding the utilisation of foreign currency (FCY) revaluation gains. In a circular released by the bank ... Read More
Nigeria, March 17 -- The Central Bank of Nigeria (CBN) has provided clarifications regarding its recent donation of 2.15 million bags of fertilisers to farmers across the country through the Federal M... Read More