President Bola Tinubu has reaffirmed his administration’s commitment to supporting financial technology companies that provide essential payment infrastructure for Nigerians and the broader African market. The...
The Nigerian naira has continued its upward trajectory over the past three weeks, reflecting growing stability in the country’s foreign exchange market. On Friday, currency traders...
The Naira appreciated to N1,530 per dollar in the parallel market today, strengthening from N1,540 per dollar recorded on Thursday. However, in the Nigerian Foreign Exchange...
The Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, has canvassed stronger economic ties with the Middle East and the Nigerian diaspora community in...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the country’s interest rate at 27.50%. CBN Governor Olayemi Cardoso announced the...
The naira has recorded its strongest appreciation against the dollar in recent days at the parallel foreign exchange market. A Bureau de Change operator in Wuse...
The Central Bank of Nigeria (CBN) has directed bank directors with non-performing insider-related loans to step down immediately. The directive was issued on Monday in a...
The National Bureau of Statistics (NBS) is set to release its much-anticipated Consumer Price Index (CPI) rebasing report today, highlighting an average inflation rate of 24.48%...
Africa’s richest man, Aliko Dangote, has described his $23 billion Dangote Refinery project as the “biggest risk” of his life, shedding light on the immense challenges...
The Central Bank of Nigeria (CBN) has assured customers of Keystone Bank not to panic following a court order ordering forfeiture of the bank shares to...
