he Central Bank of Nigeria (CBN) has decided to remove restrictions on 43 food and non-food items from accessing foreign exchange through the official window. This move is expected to ...
The biggest economy in Africa, Nigeria has been trying to increase its reserves and stop the decline of its currency, which has fallen to record lows on the black market ...
The Central Bank of Nigeria (CBN) has borrowed U.S.$7.5 billion from U.S. banks JP Morgan and Goldman Sachs by pledging securities as collateral. The loan agreement and lack of transparency ...
The Supreme Court has extended the validity of the N200, N500, and N1,000 Naira notes till 31 December.A seven-member panel of the court led by John Okoro unanimously directed that the CBN ...
President Muhammadu Buhari has directed the country's central bank to release the old 200 naira banknotes back into circulation and run concurrently with the new ones until April 10, 2023. ...
The Supreme Court's decision comes after a legal challenge initiated by the northern states of Kaduna, Kogi and Zamfara earlier this month. Many banks have not had enough of the ...
A conjunction of crises weigh on Nigerians ahead of February 25th Presidential Elections, notably fuel scarcity, unfathomable for a major crude exporter yet Nigerians, in need of fuel have been ...
Gorvernor of the Central Bank Of Nigeria, Godwin Emefiele has revealed all transactions on existing local bank cards must, therefore, be routed through the Nigerian National Domestic Card scheme which ...
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