News at the speed of light
Investors in the Nigerian stock market experienced significant losses amounting to approximately N1.5 trillion as a result of the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC)…
The Central Bank of Nigeria (CBN) has announced its intention to issue N1.64 trillion in Nigeria Treasury Bills during the second quarter of 2024, covering the period from…
In a bold move aimed at tackling the rampant inflation plaguing the nation, the Central Bank of Nigeria (CBN) has announced a significant increase in the Monetary Policy…
The Senate has initiated a significant process to amend the Central Bank of Nigeria (CBN) Act of 2007, aiming to implement substantial reforms aimed at enhancing the independence…
The Federal Government announced plans to broaden its social security coverage to include graduates with qualifications from the Nigerian Certificate in Education (NCE) level and above. This initiative…
The Central Bank of Nigeria (CBN) is contemplating a substantial hike in the minimum share capital requirements for Bureau De Change (BDC) operators, according to a draft of…
The Nigerian Naira experienced a significant depreciation on Wednesday, plunging to a historic low of N1,830 per dollar in the parallel market, commonly known as the black market.…
Vice President Kashim Shettima has disclosed the Federal Government’s commitment to revitalizing the Bank of Agriculture (BOA) through a comprehensive program of recapitalization and restructuring. Addressing the first…
The Nigeria Autonomous Foreign Exchange Market (NAFEM) witnessed a significant decrease in dollar sales, with transactions dropping by $252 million to $84.1 million on Friday. This represents a…
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has characterized his position as the second most challenging job worldwide. Despite the formidable task, he expressed confidence…
