All Deposit Money Banks have been instructed by the Central Bank of Nigeria to deposit any extra foreign currency notes they may have with its branches...
The Naira experienced a depreciation of more than 40 percent during the first half of 2024 in the foreign exchange market. According to FMDQ data, the...
Assuring the safety of products on the market, fostering fair competition, and safeguarding consumers are the top priorities of the Federal Competition and Consumer Protection Commission,...
The Deposit Money Banks (DMBs) have been given new instructions by the Central Bank of Nigeria (CBN) regarding the deposit of foreign currency notes with the...
The average cost per day of buying healthful food went from N786 in December 2023 to N1,041 in May 2024, a 32 percent rise. This was...
On June 26, 2024, Nigeria’s external reserve hit a record high of $34.07 billion. The most recent foreign exchange statistics available on the Central Bank of...
The Central Bank of Nigeria’s (CBN) proposal to recapitalize the commercial banks was supported yesterday by the Coalition of Civil Society Organisations. It said that the...
Festus Keyamo, the minister of aviation, denounced on Sunday claims that certain dishonest people were engaging in extortion and begging at the nation’s international airports. The...
The House of Representatives Committee on National Security and Intelligence caused a stir recently when it requested that President Bola Tinubu and Vice-President Kashim Shettima be...
The last two months saw a 5% growth in Nigeria’s foreign exchange reserves, reaching $33.58 billion. This is in line with the Central Bank of Nigeria’s...