Ways and Means facility is no longer being used by the federal government to settle its debts during an Access Corporate Forum.
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said the country now records about $2.35 ...
Nigeria’s Letter of Credit (LC) payments have dropped by 57.04 per cent in the seven months of 2024 compared to the same ...
The Central Bank of Nigeria (CBN) has granted approval for a pivotal financial accommodation to support the proposed merger between Unity Bank Plc and Providus Bank Limited. This strategic ...
This represents a 130% increase from the same period in 2023, according to a press statement issued on Tuesday by Ali Sidi Ali, Hakama (Mrs.) Ag CBN Director of Corporate Communications.
Global First: Nigeria's Central Bank Affiliate, NIBSS, Joins Zone’s Blockchain Network. LAGOS, Nigeria, Aug. 20, 2024 (GLOBE NEWSWIRE) -- In a move that signals a significant shift in the ...
A total of 134 countries representing 98% of the global economy are now exploring digital versions of their currencies, with ...
The Central Bank of Nigeria (CBN) the apex bank in Nigeria has said it has reintroduced the publication of several key economic reports. According to the apex bank, the move is aimed at ...
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Fact Check: Is Nigeria poverty capital of the world?Peter Obi said with 38 million people on the verge of extreme hunger, Nigeria has become the poverty capital of the world.
The Central Bank of Nigeria has said that Nigeria’s domestic prices are expected to remain high in the 2024/2025 fiscal year.
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