The Economic and Financial Crimes Commission (EFCC) is set to arraign former Central Bank of Nigeria (CBN) Governor Godwin Emefiele …
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CBN Slashes BDC Exchange Rate to N1,036.3/$: Latest Round of Discounted Dollar Sales to BDCs
To stabilize the Nigerian economy and address the distortion in the retail segment of the foreign exchange (forex) market, the …
Read More »Leadway Assurance Wins ‘Best Innovation in SME Insurance Services’ Award
Leadway Assurance Company Limited has been awarded the prestigious ‘Best Innovation in SME Insurance Services of the Year 2024’ at …
Read More »Naira Emerges as Global Best-Performing Currency in April, Says CBN Governor
The Central Bank of Nigeria (CBN) Governor, Yemi Cardoso, recently revealed that the bank’s foreign exchange reforms have made the …
Read More »Tinubu Government Has Not Borrowed From CBN, Says Finance Minister
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has clarified that the Tinubu-led Federal Government has …
Read More »CBN Governor Announces Fresh $600m Boost to Nigeria’s FX Reserves Amidst Naira Appreciation
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has announced that the country’s foreign exchange reserves have …
Read More »Naira Gains Against Dollar as BDCs Buy at N980/$
The Association of Bureau De Change Operators of Nigeria (ABCON) has announced that Bureau De Change (BDC) operators are now …
Read More »UBA Reveals Strategies for Growth in 2024 Amidst Impressive Financial Performance
United Bank for Africa (UBA) Plc has recently outlined its strategic plans to navigate the dynamic banking landscape and consolidate …
Read More »Court Grants Bail to Former CBN Governor Emefiele in Corruption Case
An Ikeja Special Offences Court has granted bail to the former Governor of the Central Bank of Nigeria (CBN), Godwin …
Read More »Naira Appreciates to N1,200/Dollar as CBN Sells $10,000 to BDCs
The Nigerian currency, the naira, has appreciated against the dollar, reaching a new rate of N1,200/dollar in the parallel market. …
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