News
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President Tinubu Assents to Electricity ACT (Amendment) Bill 2024
President Bola Tinubu has signed the Electricity Act (Amendment) Bill, 2024, into law. The bill, which was passed by the…
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Inflation: “Nigeria to become net exporter of food” – Tinubu
President Bola Tinubu has reassured citizens that despite the recent soaring price of food items his administration is determined to…
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BREAKING: Access Holdings CEO, Herbert Wigwe, Five Others Die In Helicopter Crash In California
Achopper transporting Herbert Wigwe, the Chief Executive Officer of Access Holdings has crashed and killed him as well as about…
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FG, States, and LGAs share N2.517 trillion FAAC exchange rate gain in 2023
The Federal government, 36 states, and all LGAs across the country shared around N2.517 trillion as FAAC exchange rate gain…
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Nigerian Treasury Bills rate jumps to 19% per annum as CBN targets exchange rate stability
The 364-day treasury bills stop rates spiked to 19% per annum, the first clear signal that the central bank was…
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Cardoso’s FX reforms deliver record $844m single-day trade
Turnover in Nigeria’s foreign exchange market jumped to $844 million on February 3, the highest level of trades since June…
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CBN Governor Hints on FG’s Anticipation of a 3.76% Real GDP Growth in 2024
Being a Speech Presented by Mr. Olayemi Michael Cardoso Governor, Central Bank of Nigeria to the House of Reps held…
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Interest rates to rise as CBN sell record N1 trillion in Wednesday’s Treasury Bill auction
Recent developments suggest a potential rise in Nigeria’s interest rates for the upcoming treasury bills auction, indicating the Central Bank…
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Cardoso says CBN reforms yielding positive results, FX transaction volume hit $800 million
The Governor of the Central Bank of Nigeria (CBN) has stated that recent reforms of the apex bank are beginning…
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EFCC Arrests Pastor for N1.3billion Fake Grants, Money Laundering
Operatives of the Economic and Financial Crimes Commission, EFCC, have arrested the General Overseer of Faith On The Rock Ministry…
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