The Monetary Policy Committee has asked the Central Bank of Nigeria to fast-track the preparations for the proposed recapitalisation exercise of banks.
The Senate ad hoc committee probing the disbursement and usage of the N30 trillion Ways and Means loan obtained during the administration of former President Muhammadu Buhari from the Central Bank of Nigeria, CBN, has discovered 13…
The transaction between Ecobank and Kalahari Retails & Distribution Company Limited as regards the acquisition of ABIA SHOPPING MALL, may be facing setbacks as legal issues have thrown in spanner into the already concluded transaction.
The crypto trading platform Binance has been slammed with a $10 billion fine by the Federal Government over allegations of influencing the country’s forex crisis.
Labour party presidential candidate in the 2023 presidential election, Peter Obi, has stated that the recent increment of monetary policy rate and cash reserves ratio announced by the Central Bank of Nigeria CBN some days ago will worsen…
Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso, says more than $26 billion was funnelled through the cryptocurrency platform, Binance, in the last four years.
The Central Bank of Nigeria ( CBN ) has called on Nigerians to be patient as the management of the apex bank is doing everything possible to ensure that Naira is strengthened.
The International Monetary Fund (IMF) has warned that the exchange rate of the Naira may further depreciate by about 35 percent this year, adding that this could lead to inflation rate peaking at 44 per cent before the monetary policy…