The Central Bank has come out to debunk the news circulating that it has devalued the naira.A statement signed by the Acting Director Corporate Communications, Isah AbdulMumin, said that the dollar tr...
A circular was passed last Wednesday and it said that all the segments of the Nigerian Forex Market windows be collapsed into a single window. The Central Bank of Nigeria said that this is part of the...
The Debt Management Office disclosed in a statement released on Friday evening that Nigeria’s total foreign debt has risen to N49.95 trillion which is equivalent to $108.30 billion as of March 31s...
Nigeria, amidst its ongoing struggle with multiple economic challenges, is set to redeem a $500 million Eurobond this month (July). The repayment of this loan, obtained five years ago at a coupon rate...
At the Extraordinary Summit on Socio-Political Situation in the Republic of Niger, the Heads of State and Government of ECOWAS passionately called for the immediate release and reinstatement of Presid...
The Association of Bureaux De Change Operators of Nigeria (ABCON) has urged the Federal Government to halt the activities of Binance within the nation. This call comes after the association recognized...
Mr. Sonny Echono, the Executive Secretary of TETFund, addressed stakeholders during a One-Day Engagement on Emerging Issues in Abuja, highlighting that the fund allocation dedicated to servicing progr...
Mary, a young, tech-savvy professional living in Lagos, received an urgent email from her bank asking for account details. She fell for it, lost all the money she’d worked so hard for, and learned t...
In a recent forecast, analysts are predicting that Nigeria’s inflation rate for October 2024 will jump to 33.48% from the 32.7% recorded in September. The anticipated increase, set to be confirmed b...
Russian President Vladimir Putin addressed the BRICS summit in South Africa, shedding light on the association's forward-looking strategic vision that resonates with the aspirations of the global majo...