The World Bank has advised the Nigerian federal government to cease subsidy payments and increase the price of petrol to N750 per litre, asserting that current fuel prices in the country are
Read MoreFollowing the massive gain of N234 recorded by the naira against the dollar on Monday, the Nigerian currency, Tuesday, December 12, 2023, slumped marginally against the American greenback. The Nigerian
Read MoreAccess Bank UK, the wholly owned subsidiary of Access Bank has received approval to commence operations in Hong Kong, indicating a significant milestone towards realising its five-year strategic plan. The
Read MoreThe Central Bank of Nigeria, CBN, has released fresh update on currency circulation in Nigeria. The apex bank disclosed that enough Naira notes are in circulation amid reports of scarcity of banknotes.
Read MoreDecember is a month filled with joy, celebration, and reunions. It is a time when families come together, friends reconnect, and the spirit of giving and love is in the
Read MoreThe possible reversal of the deterioration in Nigeria’s fiscal and external position as a result of the government’s reform effort has spurred global rating agency, Moody’s Investors Service (Moody’s) which
Read MoreItems like a Guinea fowl adorned with fetish items, a POS device used for extorting money, and various denominations of Biafran currency were seized While parading the suspects, Commissioner of
Read MoreSanusi pledged to persist in demanding answers until NNPC undergoes proper reform or “till I die Former Central Bank of Nigeria (CBN) governor, Sanusi Lamido Sanusi, once again pressed the Nigerian
Read MoreFollowing the persistence of foreign exchange scarcity in the country, the Central Bank of Nigeria (CBN) has extended the timeline for the issuance of letters of credit from 24 hours
Read MoreAfter falling to a record low of N951.22/$1 on Wednesday, December 6, 2023, the naira regained some ground to appreciate massively against the dollar on Thursday, 7th December 2023 at
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