News
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Nigeria’s Former Central Bank Head Charged With $6 Million Fraud
Trial in fraud case of Godwin Emefiele resumed on Thursday Ex-central banker suspended last June by President Bola Tinubu Prosecutors…
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Nigeria’s Retail Banks Can Fend off Fintechs With Regulation And Infrastructure Development
In a report released in January 2024, S&P Global Ratings said that financial technology (fintech) will close the gap of…
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Aviation Minister Directs the Relocation of FAAN Headquarters from Abuja to Lagos
e The Federal Airports Authority of Nigeria notes the inquiries some Nigerians have made regarding the directive of the Minister…
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CBN is still short of the amount needed to clear forex backlog – Fitch Ratings
Credit ratings agency Fitch stated on Thursday that the CBN continues to face a shortage of foreign exchange to clear the…
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MTN Nigeria’s ballooning debt is disturbing
MTN Nigeria Communications Plc, a prominent player in the nation’s telecommunications sector, has etched its mark since its establishment in…
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2024 Economic Outlook: Bismark Rewane Harps on Sequential Policy Reforms for Nigeria’s Economic Stability
Nigeria’s fiscal and monetary policy reforms must be sequenced to achieve economic stability in 2024 and beyond. This will require…
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With Naira Sinking, Nigeria in Talks for Up to $1.5 Billion of Aid
Nigeria may also issue eurobond in late 2024: finance minister Country’s economic reforms deserve support, Wale Edun says Nigeria is…
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N’Assembly raises works ministry budget to over N1tn
The National Assembly has raised budgetary allocation to the Ministry of Works from N657.3bn in the proposed budget to N1.03tn.…
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Access Holdings Plc Obtains CBN’s Approval-in-Principle to Establish a Consumer Lending Subsidiary
Access Holdings Plc is pleased to inform that it has obtained the Central Bank of Nigeria’s approval-in-principle to establish a…
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CBN Tackles FX Transactions Abuses in Clearing Liabilities Backlog
to continue settlement of verified FX backlog The Central Bank of Nigeria (CBN), in its bid to clear the backlog…
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