Disengaged staff members of the Central Bank of Nigeria (CBN), who were laid off in a mass termination in 2023, have filed a lawsuit against the...
The Nigerian naira fell to N1,541.36/$ on the first trading day of 2025, marking a 0.36% decline from the closing rate of N1,535.82/$ recorded at the...
The Federal Government has alleged that the Central Bank of Nigeria (CBN) misappropriated ₦2.73 trillion in interest payments tied to the Ways and Means advances. This...
Barring any last-minute changes, local government councils in Nigeria will begin receiving direct allocations from the Federation Account starting next month. This follows the disbursement of...
The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have taken decisive action to address the ₦250 billion Unstructured Supplementary Service Data (USSD)...
The Central Bank of Nigeria (CBN) has introduced a temporary arrangement allowing Bureau de Change (BDC) operators to purchase up to $25,000 in foreign exchange weekly...
The Nigerian Naira experienced mixed movements in the foreign exchange market as of yesterday. In the parallel market, the Naira saw a slight appreciation, rising to...
In a decisive effort to curb the unauthorized distribution of freshly minted naira notes, the Central Bank of Nigeria (CBN) has announced a penalty of N150...
It is generally said that the court of law is the last hope of the common man. This proved to be real with the very recent...
The Court of Appeal in Abuja has overturned a Federal High Court ruling that had prohibited the release of federal monthly allocations from the consolidated funds...
