Socio-Economic Rights and Accountability Project (SERAP) has called on Mr. Folashodun Shonubi, the acting Governor of the Central Bank of Nigeria (CBN), to eliminate certain provisions in the recently...
The Central Bank of Nigeria (CBN) made a significant move on Thursday, June 22nd, 2023, by auctioning $29.5 million at the interbank window. This auction showcased the CBN's intervention in the forex ...
South African luxury magnate Johann Rupert has overtaken Nigerian billionaire businessman Aliko Dangote to claim the title of Africa's wealthiest individual, according to Forbes rankings. With a stagg...
In a breaking development, Nigeria's President Bola Tinubu has taken decisive action by suspending Godwin Emefiele, the Governor of the Central Bank of Nigeria, effective immediately.The suspension wa...
In the first two months of 2023, the Central Bank of Nigeria (CBN) has allocated N12.65 billion to the Anchor Borrowers Programme (ABP), a primary agricultural intervention initiative, according to Go...
The largest cryptocurrency exchange in the world, Binance, was fined 3.3 million euros ($3.4 million) by the Dutch central bank on Monday for operating illegally in the Netherlands. Following a w...
According to reports, MTN Telecommunications sued 18 Nigerian banks over a mobile money fraud that cost them $22.3 billion ($53.7 million). MTN claims that its newly registered mobile money ...
According to the World Bank, the Central Bank of Nigeria's numerous currency rates, restrictions on trade, and public deficit financing continue to harm the business environment. The World Ba...
The Tertiary Institutions Entrepreneurship Scheme was created by the Central Bank of Nigeria as part of its commitment to enhance economic growth by reducing level of unemployment among Nigerian ...
Everyone talks about money and everyone is in need of money. There is hardly anything one wants to do that doesn’t involve money. But not everyone knows how money works.That is why some don’t know...