On Tuesday, the Naira saw a slight depreciation in the parallel market, falling to N1,660 per dollar from N1,655 per dollar on Monday. However, the Naira...
The Central Bank of Nigeria (CBN) has imposed a total fine of ₦1.35 billion on nine Deposit Money Banks (DMBs) for failing to ensure sufficient availability...
The Nigerian Communications Commission (NCC) is set to release the names of 18 banks that have failed to settle their outstanding debts for utilizing Mobile Network...
The Economic and Financial Crimes Commission (EFCC) has invited Subomi and Wahab, sons of billionaire industrialist Razaq Okoya, for questioning over their alleged involvement in the...
An Ikeja Special Offences Court on Wednesday dismissed an application by the embattled former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, contesting the...
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)...
