Nigeria Records $2.35 Billion Monthly Net Inflow Into Foreign Reserve
According to Nigeria's Finance Minister and Coordinating Minister for Economy, Mr. Wale Edun, the country's foreign reserves increased significantly with...
CBN Appoints New Board of Directors for Polaris Bank
A new Board of Directors for Polaris Bank, Nigeria's digital retail subsidiary, has been established by the Central Bank of...
NLC Blames Policy Somersault for NNPC, Dangote Disagreements
The Nigeria Labour Congress (NLC) has weighed in on the ongoing dispute between the Nigeria National Petroleum Company Limited (NNPC)...
Nigerian Stock Market Extends Gains for Fourth Consecutive Day
The Nigerian All-Share Index (ASI) kept going up, ending Wednesday's trading day with a 0.56% increase, thanks to a strong...
Nigeria’s MPC Faces Rate Cut Dilemma Amid Petrol Price Hikes
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), in its upcoming decision on interest rates, has...
The Tax Dilemma: Can Nigeria Get it Right?
As Nigeria traverses its multifaceted economic terrain, taxation has evolved into a key determinant of the country’s fiscal prospects. In...
Gavi Alliance Procures 500 Million Mpox Vaccine Doses For Africa
Bavarian Nordic, a German-Danish pharmaceutical company, has shipped 500 million doses of mpox vaccine to the Global Alliance for Vaccines...
Yahaya Bello Visits EFCC Over N80.2 Billion Fraud Case
Yahaya Bello, the former governor of Kogi State, has reportedly visited the Economic and Financial Crimes Commission (EFCC) in connection...
Central Bank of Nigeria Warns of Risks to External Reserves
The Central Bank of Nigeria (CBN) has observed that by 2024/2025, the removal of fuel subsidies, lower import bills, and...
Binance Sets Conditions For Registering With Nigeria’s SEC
In response to the SEC's regulatory frameworks requiring opening an office in Nigeria, cryptocurrency trading platform Binance has laid down...
CBN to Fine Banks N100,000 per Day for Delayed Customer Complaint Resolution
The Central Bank of Nigeria (CBN) has directed commercial banks and financial institutions to resolve customer complaints within 72 hours,...
CBN Adopts Orthodox Monetary Policy Tools for 2025
The Central Bank of Nigeria (CBN) has decided to adopt orthodox monetary policy tools in 2025, shifting away from direct...
Meta Bans Russian State Media Networks Over Alleged Deceptive Tactics
In a recent development, Meta, which is the parent company of Facebook, has banned several Russian state media agencies globally,...
Ethereum Hits 41-Month Low Against Bitcoin Amidst Significant Sell-offs
Ethereum collapsed to its lowest price against Bitcoin in forty-one months, representing a striking development within the cryptocurrency market. As...
China, Russia Holds Joint Military Drills In Pacific
In Vladivostok - Russia's far eastern port city, two Chinese Coast Guard ships have arrived for joint military drills and...
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