Nigeria has announced a hike in electricity tariffs for certain consumers, leading to significant backlash from the public and members …
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CBN Dismisses 40 More Staff in Ongoing Restructuring
The Central Bank of Nigeria (CBN) has continued its restructuring efforts by dismissing another 40 staff members, mostly from the …
Read More »Nigeria’s Revolutionary National ID Card: Enhanced Features, Financial Inclusion, and Data Security
Revolutionary National ID Card Unveiled: Enhanced Features for Financial and Social Services In a groundbreaking move towards improved identification, financial …
Read More »CBN Governor Clarifies Role in Regulating Cryptocurrency, Emphasizes Collaboration with Other Agencies
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, clarified the bank’s role in regulating cryptocurrency and emphasized …
Read More »Nigerian Naira Surges in Parallel Market: A Hopeful Outlook for Currency Traders
The Nigerian Naira has recently experienced a significant surge in the parallel market, sparking a wave of cautious optimism among …
Read More »Nigerian Naira Appreciates Against Dollar in Official Market
The Nigerian Naira has seen a slight increase in value against the Dollar in the official market on Friday, trading …
Read More »Rewane Predicts Bright Future for Naira, Urges Right Policies and Resource Management
Renowned economic expert Bismark Rewane expressed optimism about the future of Nigeria’s currency, the naira. Despite its recent depreciation against …
Read More »Foreign Airlines Demand Evidence of Payment as CBN Claims Clearing of $7bn Forex Backlog
Following reports that the Central Bank of Nigeria, CBN, has cleared all valid foreign exchange backlogs, foreign airlines have called …
Read More »Urgent Call for Extension: Nigerians at Risk of Losing Access to Bank Accounts Due to BVN/NIN Linkage Deadline
Tens of millions of Nigerian bank customers are at risk of losing access to their accounts if the Central Bank …
Read More »CBN Urges Nigerian Students to Embrace Savings Culture for a Secure Future
The Central Bank of Nigeria (CBN) recently held a school mentoring program to commemorate the 2024 Global Money Week celebrations. …
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