The Central Bank of Nigeria (CBN) has officially refuted recent reports suggesting a plan to redenominate the Nigerian Naira starting from January 2024. This denial comes in response to the …
A Federal High Court (FHC), Abuja, on Monday, ordered the Economic and Financial Crimes Commission (EFCC) and Central Bank of Nigeria (CBN) to immediately transfer the sums of $9.8 million and £74,…
President Bola Tinubu on Monday warned government officials and family members against attending the Federal Executive Council (FEC) meeting without invitation. Tinubu issued the warning bef…
The Emir of Zazzau, Malam Ahmed Nuhu Bamalli, has approved the elevation of Muazu Nuhu Bamali, a Deputy Director at the Central Bank of Nigeria (CBN), to the position of Magajin Garin Zazzau. …
Former Governor of the Central Bank of Nigeria, Godwin Emefiele, is reportedly currently under detention at the Economic and Financial Crimes Commission (EFCC). According to reports, the for…
The Naira witnessed a significant week-on-week drop of 11.43%, reaching an all-time low of N1,170 per US dollar in the parallel market. The decline has been attributed largely to speculative…
The ongoing turbulence in Nigeria’s currency exchange market saw the local currency, the Naira, continue to depreciate across all market segments. Checks by Vanguard revealed that Naira went…
A coalition of faith-based organisations, Jubilee USA, has urged the World Bank and the international Monetary Fund (IMF) to stop the debt and food crises of low-income nations. Eric LeCompt…
The Nigerian Naira has hit a new all-time low in the parallel market, according to a survey conducted by Vanguard on street traders across the country. The currency was found to be trading i…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has held a meeting with oil marketers to resolve the challenges faced with importation and distribution of petroleum pr…
A recent report, the Transparency and Integrity Index for 2023, has shown that 482 ministries, departments, and agencies (MDAs) of the Nigerian government received low scores in terms of transparen…
The All Progressives Congress (APC) has assured that President Bola Tinubu is committed to ensuring an inclusive, honest, transparent and accountable governance system. Mr Felix Morka, the p…
