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The naira on Friday appreciated to N1,575 per dollar in the parallel market from N1,580 per dollar on Thursday. The local currency had recorded a N25...
Olayemi Cardoso, governor, Central Bank of Nigeria (CBN), has urged African leaders, financial institutions, and private sector to accelerate development initiatives that will curb the continents’...
Nigeria’s Minister of Industry, Trade and Investment, Dr. Doris Uzoka-Anite, has announced that over $400 million investment commitments were unlocked at the just-concluded West Africa Economic...
West Africa’s intra-regional trade remains a challenge at 10%, a figure that can no longer be ignored, according to President Bola Ahmed Tinubu. Speaking at the...
The Central Bank of Nigeria recorded a significant decline of N4.145tn in net loans and receivables in 2024, driven primarily by a reduction in its overdraft...
The United States government has faulted Nigeria for the continued delay in approving import permits for American agricultural products, describing the situation as a longstanding trade...
The European Union has announced €258 million in humanitarian support for the Greater Horn of Africa, West and Central Africa. This will bring the total EU...
The Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of 6.83 billion dollars for the 2024 financial year. In a statement...
The price of Bonny Light, Nigeria’s premium oil grade, yesterday, dropped by 5.09 per cent to $59.62 per barrel in the global market at the backdrop...
The Federal Government, in collaboration with the Corporate Affairs Commission (CAC), has issued a stern warning to Point of Sale (POS) operators within the Fintech industry,...
The Central Bank of Nigeria (CBN) has directed deposit money banks in the country to start charging 0.5% cybersecurity levy on transactions. This was contained in...
Despite criticism from Senator Ali Ndume and other quarters, the Central Bank of Nigeria (CBN) is proceeding with its plan to relocate 1500 staff to...
