The World Bank on Tuesday revealed that Nigeria secured approval for the $800 million loan for subsidy palliatives in December 2021. However, former President Muhammadu Buhari...
The World Bank on Tuesday declared support for president Bola Tinubu over the removal of subsidy on petrol and exchange rate unification in Nigeria. The World...
The Federation Account Allocation Committee (FAAC) at the end of its meeting for the month of June 2023, revealed that the Committee shared N786.161 billion to...
The Debt Management Office (DMO) has placed President Bola Tinubu and the two chambers of the National Assembly on red alert over the debt burden of...
Nigeria’s financial institutions regulatory body, Central Bank of Nigeria (CBN) has revealed that some Microfinance Banks in Nigeria operates illegally and have been subsequently banned from operations...
The central parity rate of the Chinese currency, renminbi, or the yuan, weakened 60 pips to 6.9114 against the dollar on Friday, according to the China...
Banks across Ibadan, the Oyo state capital, opened their doors to customers to withdraw cash and transact other financial transactions in line with the directives of...
The Central Bank of Nigeria (CBN), says the Nigerian economy has maintained a positive growth trajectory for nine consecutive quarters, since exiting recession in 2020. The...
Some commercial banks in Lagos on Wednesday reopened their ATMs and dispensed cash in old notes to customers. At certain branches of Zenith Bank, Access Bank,...
Traders in Benin have expressed happiness over CBN’s compliance with the Supreme Court judgment that the old N500 and N1,000 notes remain legal tender till Dec....