Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, held a strategic meeting today with Central… Read More
The Central Bank of Nigeria (CBN) has issued a directive temporarily suspending the payment of dividends, bonuses, and foreign investments… Read More
Nigeria's Letter of Credit (LC) transactions for international trade surged by 3.7% year-on-year in the first four months of 2025,… Read More
The naira eased to N1,500 per dollar in the black market on February 28, 2025, giving up some of the… Read More
Nigeria’s foreign reserves have been on a downward trajectory for 33 consecutive days. According to data compiled by Bloomberg, the… Read More
The Bode Agusto report on the Nigerian economy in 2025 provides a nuanced assessment of the critical role foreign exchange… Read More
The Central Bank of Nigeria (CBN) has announced a significant policy shift, suspending the extension of export proceeds repatriation periods… Read More
The Central Bank of Nigeria (CBN) has raised an alarm over the increasing use of fraudulent SWIFT messages by individuals,… Read More
The U.S. Department of Justice is pursuing Air Peace CEO Allen Onyema and his CFO Ejiroghene Eghagha over allegations of… Read More
Key Points CBN discontinued the price verification system portal Expert underscored the importance of collaboration between CBN and the private… Read More
In light of the forthcoming bank recapitalisation in Nigeria, the Nigerian Exchange Group (NGX) has embarked on a proactive initiative… Read More
Court documents have revealed intricate details of the alleged theft of $6,230,000 from the Central Bank of Nigeria (CBN) on… Read More