Recent policy changes in Nigeria’s banking sector, including revised capital requirements by the Central Bank of Nigeria (CBN) and a proposed windfall tax, have raised concerns...
The operators of Dangote Refinery and Petrochemical Plant have refuted claims made by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) regarding the supply of crude oil....
The Central Bank of Nigeria (CBN) has issued a new directive requiring foreign investors to provide concrete evidence of their investment transactions before repatriating funds or...
A horrifying attack on the Ayati community in Ukum Local Government Area of Benue State has left at least 30 people dead. The late-night assault on...
The Central Bank of Nigeria (CBN) announced a significant 55 per cent year-over-year increase in net foreign exchange flows, reaching $25.4 billion between January and June...
At least three people lost their lives in a fatal road accident involving multiple vehicles on the Kara section of the Lagos-Ibadan Expressway on Thursday evening....
One year after Nigeria’s Central Bank floated the Naira to unify exchange rates, the market capitalization of the Nigerian Exchange (NGX) has dropped by...
Nigeria’s medal hopeful, Tobi Amusan finished in third place at the just concluded women’s 100m hurdles semifinals race, Heat 1, Friday morning but will not be...
On August 7, 2024, Airtel Africa announced the repurchase of 406,000 ordinary shares from Citigroup Global Markets as part of its ongoing share buyback...
In a move aimed at easing demand pressure in the foreign exchange (FX) market and promoting price discovery, the Central Bank of Nigeria (CBN)...