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    CBN has adopted comprehensive strategy to address forex crisis – Cardoso

    Amid the challenges occasioned by dollar scarcity, the Central Bank of Nigeria has assured Nigerians that it has adopted some strategies to address the...

    CBN orders banks to sell excess dollars in 24 hours

    Amid its fresh moves to stabilise the nation’s volatile exchange rate, the Central Bank of Nigeria has ordered Deposit Money Banks to sell their...

    Naira plunges in ‘official market’, CBN warns forex dealers

    The naira plunged further at the official window on Tuesday, closing at an all-time-low of N1,482 against the United States dollar. The local unit had...

    1,500 redeployed CBN staff resume at Lagos office

    At least 1,500 members of staff of the Central Bank of Nigeria will on Friday resume at its Lagos office following their redeployment from...

    Naira falls to all-time low on official window, trades 1348/$

    The naira fell to an all-time low of N1348.63/$ on the Nigerian Autonomous Foreign Exchange Market on Monday. This signifies a 51.21 per cent fall...

    Marketers will pay naira for Dangote fuel, says IPMAN

    Refined petroleum products from the $20bn Dangote Petroleum Refinery are to be sold in naira and not in the United States dollar as speculated...

    Foreign medical, school bills gulped $1.58bn in six months – CBN

    Nigerians spent $1.58bn on health tourism, foreign education, and other personal matters in six months, data from the Central Bank of Nigeria have revealed. The...

    NNPCL to pay royalties, taxes from $3.3bn Afrexim loan

    The Nigerian National Petroleum Company Limited, on Sunday, said it would prepay future royalties and taxes to the Federal Government from the $3.3bn financing...

    FG saves N8tn from subsidy removal, FX reform –Tinubu panel

    The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has said the Federal Government will be saving N8tn annually from...

    Must Read

    Tinubu declares national emergency on food security

    President Bola Tinubu on Monday declared a national emergency on food security, urging expanded irrigation infrastructure and participatory water resource management nationwide. Tinubu made the...

    You’re to report to N’Assembly, Reps tell Rivers Administrator

    The Speaker of the House of Representatives, Tajudeen Abbas has reminded Rivers State Sole Administrator, Vice Admiral Ibok-Ete Ibas (retd.) that by the provision...

    Insecurity: Be alive to your duties, PDP tells Aiyedatiwa

    The Peoples Democratic Party, Ondo State chapter has urged Governor Lucky Aiyedatiwa to be alive to his duties of safeguarding the lives and property...