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...
All around the world, governments are trying to encourage cashless payments. Their reasons for doing so are multiple, including expanded financial inclusion and transparency, wanting to...
The average yield on Nigerian Treasury bills (NTB) rose moderately to 7% as cash tasty deposit money banks (DMBs), fund, and asset managers offloaded their holdings...