In a decisive move to combat Nigeria’s surging inflation, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has unanimously voted to raise...
The Federal Government has defended its decision to pursue additional foreign loans, stating that they are an integral part of the 2024 Appropriation Act. In its...
The Federal Government has clarified that Rivers State will not be denied its federal allocation, even amid ongoing legal proceedings. Director of Press and Public Relations...
Governor Siminalayi Fubara on Friday urged the Court of Appeal to overturn a judgment barring the Central Bank of Nigeria (CBN) from disbursing monthly allocations to...
The Central Bank of Nigeria (CBN) has announced plans to impose severe sanctions on Deposit Money Banks (DMBs) found guilty of hoarding or diverting cash, including...
The trial of former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, continued at the Federal Capital Territory (FCT) High Court in Maitama on Thursday, November...
In preparation for the upcoming Ondo State Governorship election, the Central Bank of Nigeria (CBN) has taken delivery of essential voting materials. The materials arrived in...
The Nigeria Deposit Insurance Corporation (NDIC) has announced the commencement of a national auction of landed properties and physical assets belonging to the defunct Heritage Bank....
Petroleum marketers in the country say there is no going back in their plan to import fuel from outside the country to crash the price of...
The Central Bank of Nigeria (CBN) has authorized commercial, merchant, and non-interest banks in the country to trade with foreign currencies deposited in domiciliary accounts that...
