The Central Bank of Nigeria (CBN) Governor, Cardoso, opened up about the challenges he faces in his role, describing it …
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Why President Tinubu Floated the Naira – Presidency’s Perspective
In a recent interview with Arise News, the Special Adviser to the President on Information and Strategy, Bayo Onanuga, shed …
Read More »Breaking News: Ex-SGF Mustapha Reveals Shocking Forgery Scandal in $6.2m CBN Withdrawal
In a stunning revelation, former Secretary to the Government of the Federation (SGF), Boss Mustapha, has testified that ex-President Muhammadu …
Read More »5 Key CBN Circulars that Stabilized the FX Market: A Comprehensive Analysis
In the past few weeks, the Nigerian economy has been facing a significant challenge with the precipitous depreciation of the …
Read More »CBN Under President Tinubu Hikes Customs Duties Three Times in 2024: A Closer Look
The Central Bank of Nigeria (CBN) under President Bola Ahmed Tinubu has increased the Customs duties exchange rate for the …
Read More »NNPC and CBN Join Forces for Improved Business Operations
In a significant development for the Nigerian business landscape, the Nigerian National Petroleum Company (NNPC) Limited and the Central Bank …
Read More »Reps to Investigate Banks’ Non-compliance with CBN Directives on Net Open Position Limits
The House of Representatives has decided to investigate the non-compliance of banks and financial institutions with the Central Bank of …
Read More »Atiku Criticizes FG’s Directive to NNPCL: Oil Sale Remittances to CBN Deemed Illegal
Former Vice President Atiku Abubakar has raised concerns over the Federal Government’s directive for the Nigerian National Petroleum Company Limited …
Read More »CBN Tightens Regulations on International Money Transfer Services, Increases Application Fee by 1,900%
In a recent move to regulate the Nigerian financial market and protect the interests of its citizens, the Central Bank …
Read More »Additional $500m Injected by CBN to Clear FX Backlog in Nigeria
In a move to address the persistent backlog of verified foreign exchange (FX) transactions, the Central Bank of Nigeria (CBN) …
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