By Umar Suleiman The Minister of Finance, Budget and National Planning, Dr Zainab Ahmed, has said that the Federal Government will soon disburse $800 million to...
The Centre for the Promotion of Private Enterprise (CPPE) has expressed concerns that despite the 10-day deadline extension given on Sunday, shortcomings surrounding the ongoing currency...
The Central Bank of Nigeria (CBN) has finally extended the deadline for the swap of old naira notes at commercial banks by 10 days. In a press statement...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has today concluded its two-day meeting for January 2023 where it raised interest rate by...
The Federal Government will issue bonds in the first quarter of 2023 to raise N1.2 trillion. This is contained in the calendar released by the Debt...
By Professor Uche Uwaleke For investors in the Nigerian stock market, the year 2022 represents an improvement over 2021 in terms of nominal price appreciation. As...
By Christy Animam The Central Bank of Nigeria (CBN) has placed limits on over-the-counter cash withdrawals, Automated Teller Machine (ATM) withdrawals, and point of sale (PoS)...
Rising inflation in the country has left the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) with no choice than to increase the...
The Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has said the decision to redesign the naira has no political undertone. Rather, he...
Weak economic growth in Nigeria has denied the country’s banking sector the supposed dividends of large and youthful demographics in Nigeria, analysts at Afrinvest have said...
The Chartered Institute of Bankers of Nigeria (CIBN) has said the lack of key infrastructure development has impeded the country’s growth potential over the years. According...
The Central Bank of Nigeria (CBN) has officially responded to the Minister of Finance, Budget and National Planning‘s claim that she was not informed of the decision to...
Christy Animam The Central Bank of Nigeria (CBN) has recognized SystemSpecs, and presented it with an award as Nigeria’s leading fintech firm as the Payment Service...
By Umar Suleiman The Central Bank of Nigeria (CBN) on Wednesday said it will redesign the N200, N500, and N1,000 notes. CBN Governor, Godwin Emefiele, disclosed...
Moody’s, a global ratings agency, has downgraded the long-term deposit ratings of nine Nigerian banks to B3 from B2, as well as senior unsecured debt ratings, where...
Those whose allegiance lies with cryptocurrencies were not impressed by the eNaira transaction data reeled out by Godwin Emefiele, Governor of the Central Bank of Nigeria...
The Central Bank of Nigeria has released the exposure draft of guidelines for contactless payments in Nigeria. The bank also expects players in the financial system...
Says CBDC attracts interests of IMF, World Bank, global CBDC Community The Central Bank of Nigeria (CBN) has announced a calendar of events to mark...
The policy-setting committee of the Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which measures interest rate, from 14 percent to 15.5 percent, the...
Aggregate foreign exchange inflow into the country fell by 17.3 per cent to $5.42 billion in May, according to figures obtained from the Central Bank of...
