The Academic Staff Union of Universities (ASUU) has alleged that despite funds being allocated for interventions in tertiary institutions, the Central Bank of Nigeria (CBN) has…
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The Economic and Financial Crimes Commission (EFCC) has urged the Federal High Court in Lagos to reject an application by former Central Bank of Nigeria (CBN)…
The Central Bank of Nigeria (CBN) has announced the launch of an electronic foreign exchange matching system (EFEMS) for FX transactions, set to be implemented by…
The Federation Allocation Accounts Committee (FAAC) has deducted a total of N622.75 million over 15 months to repay loans disbursed to farmers under the Central Bank…
Nigeria’s money supply, known as M2, surged by 65% year-on-year, reaching N107.1 trillion in August 2024, according to the latest figures from the Central Bank of…
Former President Goodluck Jonathan has denied claims made by the 16th Emir of Kano, Muhammadu Sanusi II, regarding an alleged $49.8 billion missing during his administration.…
The Central Bank of Nigeria (CBN) has announced the sale of $20,000 to each eligible Bureau De Change (BDC) operator in the country at an exchange…
Prominent figures in the Nigerian business and economic sector have opposed the recent increase in interest rate by the Central Bank of Nigeria Monetary Policy Committee.…
The Central Bank of Nigeria has increased the Monetary Policy Rate (MPR) to 27.25% from 26.75%, marking a 50 basis point rise. Olayemi Cardoso, the CBN…
Nigeria’s external reserves reached a 22-month high of $37.31 billion, indicating a significant increase in foreign inflows into the country’s economy. According to the Central Bank…