The Central Bank of Nigeria (CBN) has disclosed that foreign remittances surged to $1.3 billion in February 2024. The Bank’s…
Nigeria’s federal government has reportedly detained two top executives of Binance, the cryptocurrency trading platform. Financial Times reported on Wednesday that…
The Central Bank of Nigeria (CBN) on Tuesday approved allocation of 20,000 dollars to all eligible Bureau De Change (BDC)…
…As CBN raises benchmark interest rate to record 22.75% …Forensic analysis fingers $2.4bn false FX claims The Governor of the…
The Association of Corporate Treasurers of Nigeria made the disclosure in an advisory memo made available to its members,…
By Sodiq Adelakun Nigeria’s foreign exchange reserves have fallen to a six-year low of $32.87 billion at the end of…
The Special CBN Investigator, Jim Obazee, has summoned the Chairman of Titan Trust Bank, Babatunde Lemo, in connection with the…
By Sodiq Adelakun The Central Bank of Nigeria has suspended the processing fees on large cash deposits, a release by…
In a joint effort to reduce the inflationary pressure on Nigeria’s economy, the International Monetary Fund (IMF) has advised the…
Amidst complaints by some Nigerians about scarcity of Naira notes, the Central Bank of Nigeria (CBN) says there is adequate…