By Gharny Yeku The last few months have proved Nigeria’s economy is more of Dollar than Naira economy. The dollar exchange rates unification and fuel subsidy...
The debt owed mobile network operators (MNOs) by deposit money banks (DMBs) over the use of the Unstructured Supplementary Service Data (USSD) has risen above N150...
By CSL Stockbrokers The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) raised the Monetary Policy Rate (MPR) by 25bps to 18.75% from...
By Umar Suleiman Justice Hamza Muazu of the Federal Capital Territory (FCT) High Court has ordered the Department of State Services (DSS) to charge the suspended...
The Central Bank of Nigeria (CBN) has said Nigerians can receive naira for diaspora remittances. The CBN gave the directive in a circular no TED/FEM/PUB/FPC/001/004 to...
The Centre for the Promotion of Private Enterprise (CPPE) has cautioned against the tendency to mistake the recent unification of naira exchange rates across various windows...
The Central Bank of Nigeria (CBN) has announced the official unification of all segments of the forex exchange (FX) market to abolish differing exchange rate regime....
Breaking: DSS arrests Godwin Emefiele The Department of State Services (DSS) has reportedly arrested Godwin Emefiele, the Governor of Central Bank of Nigeria, who had just...
President Bola Tinubu has suspended Godwin Emefiele as the governor of Central Bank of Nigeria (CBN). “President Bola Ahmed Tinubu has suspended the Central Bank Governor,...
Awacash, a fintech platform, has recently received a microfinance bank license from the Central Bank of Nigeria (CBN), marking a significant achievement following its earlier acquisition...