FG considers converting $30bn domiciliary deposits to naira
There are strong indications that the Federal Govt is mulling a policy…
CBN bans banks, fintechs from international money transfer services, hikes application fee by 1,900%
The Central Bank of Nigeria (CBN) has banned banks and financial technology…
CBN warns forex dealers against market manipulation, threatens sanctions
The Central Bank of Nigeria (CBN) has warned authorized dealers to ensure…
Femi Otedola appointed as new chairman of FBN Holdings
FBN Holdings Plc, a leading financial institution in Nigeria, has announced the…
Naira Fall: CBN orders banks to sell excess dollars in 24 hours
Amid its fresh moves to stabilise the nation’s volatile exchange rate, the…
Customers Stranded As BDCs In Abuja, Kano, Lagos Shutdown Over Dollar Spike
Bureau de Change Operators, under the Association of Bureau de Change Operators…
Tinubu Shakes Up Oil Industry, Directs Central Bank to Take Over Crude Sales from NNPC
President Bola Tinubu has announced a shake-up in the oil sector to…
Naira Plunges To 1,500/$ At Parallel Market
Naira Plunges To 1,500/$ At Parallel Market The free fall of…
Unprecedented depreciation hits Naira, now at N1,410 per Dollar on the black market
The Nigerian Naira has experienced an unprecedented depreciation, reaching a record low…
EFCC investigates $347bn allocated to companies in Nigeria between January 2014 and June 2023
EFCC investigates $347bn allocated to companies in Nigeria between January 2014 and…