The Central Bank of Nigeria (CBN) has ordered Deposit Money Banks (DMBs) to sell their excess dollar stock latest February 1, 2024, as part of moves...
For transparency and accountability, President Bola Tinubu has ordered the Central Bank of Nigeria (CBN) to take over the responsibility for crude oil sales from Nigerian...
The Central Bank of Nigeria (CBN) has released $500 million to various sectors as part of its determination to address the backlog of verified foreign exchange...
To prevent exposure to frauds and financial loses, OPay has introduced USSD codes its users could use to keep their accounts safe and secured in the...
In compliance with the directive of the Central Bank of Nigeria (CBN), mobile payment operator, OPay, has said it would block all customers’ accounts not connected...
Diaspora remittance inflows from Nigerians living in other countries around the world amounted to $125.169 billion in the six-year period spanning 2016 to 2021. This is...
The Nigerian energy sector underperformed in the second quarter of the year as the sector witnessed a decline in electricity and crude oil production due to...
Ongoing subscription to the December 2023 FGN Savings Bonds is slated to close tomorrow, Friday 8. Acting on behalf of the federal government, the Debt Management...
Banks have been asked to disconnect Switches, Payment Solution Service Providers, and Super Agents from the Nigeria Inter-Bank Settlement System Instant Payment (NIP) Outwards System. The...
The naira fell, on Thursday, to N956/$ on the official Investor and Exporter forex window as dollar supply declined by 46.77 per cent. This is a...
