The Central Bank of Nigeria (CBN) has introduced revised transaction fees for Automated Teller Machine (ATM) services, set to take effect on March 1, 2025. In...
The naira recorded a notable gain against the dollar in the parallel market over the past week, appreciating by three percent to close at N1,570/$1 on...
Senator Shehu Sani has responded sharply to the recent allegations made by former Kaduna State Governor, Malam Nasir El-Rufai, against the current governor, Uba Sani. El-Rufai...
The Chairman of the National Hajj Commission of Nigeria (NAHCON), Prof. Saleh Usman, has announced the extension of the registration deadline for the 2025 Hajj to...
Local governments across Nigeria are encountering a fresh challenge in their bid to receive monthly allocations directly from the Federation Account, as the Central Bank of...
The Nigerian currency, Naira, gained value in the official foreign exchange market yesterday, appreciating to N1,493 per US dollar, according to data from the Central Bank...
The Central Bank of Nigeria (CBN) on Monday announced the release of the Nigeria Foreign Exchange (FX) Code, which comes as the Naira shows signs of...
The Federation Account Allocation Committee (FAAC) has decided not to directly disburse statutory monthly allocations to the country’s 774 local governments this month due to their...
The naira continued its downward trajectory in value, coinciding with a decline in Nigeria’s external reserves. This comes as banks resumed selling Business and Personal Travel...
The 774 local governments in Nigeria are set to open dedicated accounts with the Central Bank of Nigeria (CBN) to receive direct allocations from the Federation...
