The Lagos Chamber of Commerce and Industry (LCCI) has urged the Central Bank of Nigeria (CBN) to sustain concessionary credit to private sector to cushion inflationary...
The Arewa Consultative Forum, ACF, has rejected the move by the Central Bank of Nigeria, CBN, to relocate some key departments from the Federal Capital Territory,...
The Central Bank of Nigeria (CBN) has scheduled the first Monetary Policy Committee (MPC) meeting, under the tenure of Mr Olayemi Cardoso as governor, for Feb....
By Sodiq Adelakun Nigerians are experiencing a cash crunch as currency in circulation has surged by 21.37 percent in less than three months, according to data...
Foreign airlines operating in Nigeria have expressed dissatisfaction with the initial $61 million payment made by the federal government to address the $800 million in revenue...
By Sodiq Adelakun In a move to decongest its head office and enhance productivity, the Central Bank of Nigeria (CBN) has announced plans to transfer some...
The Central Bank of Nigeria (CBN) has recently disbursed approximately US $61.64 million to foreign airlines through various banks. This information was confirmed by the Acting...
In fulfilment of its commitment to eliminate the backlog of pending matured foreign exchange in Deposit Money Banks (DMBs), the Central Bank of Nigeria (CBN) has...
By Sodiq Adelakun The Central Bank of Nigeria has announced that cash withdrawals will no longer be permitted from accounts specifically opened for virtual and digital...
By Sodiq Adelakun Nigeria’s foreign exchange reserves have fallen to a six-year low of $32.87 billion at the end of December 2023, according to data from...