President Muhammadu Buhari has written to the National Assembly, seeking for the approval of restructuring of N23.7trillion borrowed by the federal government from the Central Bank...
Federal Government is to activate the stoppage of cash withdrawal from all public accounts with immediate effect. In place of cash withdrawals, public officers are to...
Extending gains for the fifth consecutive session, the Lagos bourse closed higher as the benchmark index gained 0.04% to settle at 49,416.18 points. Gains in Tier-1 banking names ZENITHBANK...
African Export-Import Bank (Afreximbank) has signed a Memorandum of Understanding (MoU) with the Export-Import Bank of the United States (U.S. EXIM) to enhance trade between Africa...
The World Bank has warned that the time and short transition period to the redesigned Naira notes will have a negative impact on economic activities and...
National Insurance Commission has said that the industry industry recorded a total Asset of about N2.3 trillion, indicating a 9.0 per cent increase, YoY. It said...
Ghana has said it will suspend payments on most of its external debt, effectively defaulting as the country struggles to plug its cavernous balance of payments...
Nigerians in the diaspora remitted more than $20 billion in 2021, President Muhammadu Buhari said in Washington. The president made the comment at a presidential Town...
A group under the aegis of Point of Sale ( POS Operators ) in Nigeria has kicked against the cashless policy of the Central Bank of Nigeria...
Ending the week, the Lagos bourse maintained the bullish trend for the third consecutive session as the benchmark index closed 0.17% stronger to settle at 49,316.29 points,...
The Central Bank of Nigeria has directed banks to take down serial numbers of new Naira notes whenever it is withdrawn. Bank staff has said that they...
Nigeria Inter-Bank Settlement System (NIBSS) data indicate that bank customers in Nigeria transferred a total of N2.1 trillion over mobile in November 2022. The November figure brought...
The local bourse extended its positive close as gains in MTNN, STANBIC, and ZENITHBANK lifted the benchmark index by 0.5% to 49,233.02 points. Resultantly, the YTD...
Senate has confirmed the former Director Human Resources of the Central Bank of Nigeria, CBN, Edward Lametek Adamu for the position of Deputy Governor of the...
Senate has made a passionate appeal to Central Bank Of Nigeria to consider an upward review of the cash withdrawal limits. Senators urged the apex bank to...