On Thursday, the Naira gained value in the parallel market, appreciating to N1,470 per dollar from N1,500 per dollar. However, it depreciated to N1,482.72 per dollar…
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The World Bank approved $2.25 billion loan on Thursday for Nigeria to maintain its reform momentum, increase non-oil revenue, and support poor citizens. The Bank announced…
The Central Bank of Nigeria (CBN) has reassured the public about the safety of their deposits and the strength of the system. Hakama Sidi-Ali, the Acting…
According to data from the official trading platform of the FMDQ Exchange, which oversees the Nigerian Autonomous Foreign Exchange Market (NAFEM), the Naira saw a slight…
A Federal High Court in Abuja has ordered the definitive forfeiture of NOK University in Kaduna State, together with all of its assets, to the Nigerian…
Efforts to attain energy security and harness Nigeria’s natural gas resources for economic growth and environmental sustainability, received major boost following the commissioning of the Kwale…
Data released by the International Monetary Fund (IMF) forecasts that Nigeria’s inflation rate will stabilise at 14% by 2029, suggesting an end to the country’s steady…
The Nigerian government has debunked claims that the federal government has earmarked N5.4 trillion for fuel subsidy payments, asserting that such an era is “gone for…
Following the recent revocation of the operating licence of Heritage Bank Plc, the Central Bank of Nigeria (CBN) yesterday clarified that there are no current plans…
Financial technology companies, OPay and Kuda Microfinance Bank have been given the all clear by the Central Bank of Nigeria to resume onboarding new customers. In…