CBN affirms Supreme Court’s ruling on old naira notes, directs banks to comply
The Central Bank of Nigeria (CBN) has affirmed the Nigeria Supreme Court’s ruling on Wednesday…
Naira value at official, parallel markets at weekend
The naira at the weekend slightly recovered against the dollar at the Nigerian Autonomous Foreign…
Suspend, investigate loans to states, SERAP tells World Bank
World Bank President, Ajay Banga, has been urged by Socio-Economic Rights and Accountability Project (SERAP)…
NDIC Debunks Misleading Reports on Liquidated Banks
By Olusegun Obisanya The Nigeria Deposit Insurance Corporation has debunked recent misleading publications that it…
CBN removes deadline on old Naira notes, says they remain legal tender indefinitely
The Central Bank of Nigeria (CBN) has removed the deadline for legal tender status of…
Nigeria’s inflation rate may hit 30% by December 2023 – KPMG
The global financial advisory service firm, Klynveld Peat Marwick Goerdeler (KPMG) has predicted Nigeria’s headline…
Naira nosedives against dollar, closes at N996/$1 at official market, N1090 at black market
The Nigerian Naira has plummeted, reaching new lows against the US dollar, closing at N996.75…
CBN: Cardoso promises to focus on core mandate
Governor of Central Bank of Nigeria, Olayemi Cardoso, has stated that his leadership in the…
Naira-Dollar: N786.02 official market, N1,170 parallel market
The Nigerian naira demonstrated a remarkable appreciation against the dollar, closing at N786.02/$1 at the…
Senate accuses minting company of illegal salary increment, wants refund of N14bn
The Senate has accused the Board of Directors of Nigerian Security Printing and Minting Company…
Until Nigeria produces for local consumption and export, naira will continue to fall – Aganga
Olusegun Aganga, former minister of Finance, has said the naira would continue to be weak…
Sanlam General Insurance Boss wins 2023 CEO Today Africa Award
By Olusegun Obisanya The Managing Director/CEO, Sanlam General Insurance Limited, Mr Bode Opadokun has won…
Food Prices Rise as Nigeria’s Inflation Nets 26.72 Percent – NBS Report
National Bureau of Statistics (NBS) said on Monday that Nigeria's annual inflation rate rose to…
Moghalu kicks against FG’s plan to borrow $1.5 billion from World Bank
A former Deputy Governor of the Central Bank of Nigeria, CBN, Kingsley Moghalu, has kicked…
Accountants have role to play in inclusive development, says Tinubu
By Olusegun Obisanya President Bola Ahmed Tinubu has reiterated that Chartered Accountants have crucial roles…
British Int’l Investment partners Access Bank on trade finance facility
By Olusegun Obisanya British International Investment (BII), the UK's Development Finance Institution (DFI) and impact…
Nigeria @63: Sanlam launches two new products to deepen insurance penetration
By Olusegun Obisanya Sanlam Nigeria, a member of the Sanlam Pan African group, has launched…
BUA Cement reduces price per bag from 6,000 to 3,500
A subsidiary of BUA Group, BUA Cement, has announced a reduction in the price of…
H1 Financial Report: Access Holdings Reports Gross Revenue of ₦940.3bn
By Olusegun Obisanya Access Holdings Plc has released its Audited Consolidated and Separate Financial Statements…
Naira now exchanges N1,000 for one dollar
The Nigerian currency was as at the parallel market, yesterday, exchanged for N1,000 to dollar.…