The depreciation of the Nigerian Naira against the US dollar has persisted despite the Federal Government’s attempts to stabilize its value, with the exchange rate nearing...
The recent introduction of the 0.5 percent cybersecurity levy by the Central Bank of Nigeria has sparked controversy among Nigerians. In a notice issued to all...
The Corporate Affairs Corporation (CAC) has set a deadline of July 7, 2024, for Point of Sales (PoS) operators to complete their registration, as announced by...
The Central Bank of Nigeria (CBN) has issued a directive to deposit money banks in the country, instructing them to impose a 0.5% cybersecurity levy on...
The Nigerian Naira, the country’s currency, saw a decrease of N130 against the US dollar in the informal foreign exchange market on Sunday, as reported by...
The Chief Executive Officer of a prominent cryptocurrency platform in Nigeria, NoOnes, Ray Youssef, disclosed that peer-to-peer transactions, commonly referred to as P2P, represent a substantial...
India and Nigeria are on the verge of reaching an agreement on settling local-currency debt, which will further strengthen their economic ties. The Indian commerce and...
The Central Bank of Nigeria’s Governor, Olayemi Cardoso, highlighted that the government’s extensive purchases of food items as part of palliative measures for vulnerable citizens have...
The Nigerian Government recently announced an increase in the Maximum Deposit Insurance Coverage for banks operating in the country, as revealed by the Managing Director of...
The Federal High Court in Abuja has given the green light for the initiation of contempt proceedings against the Governor of the Central Bank of Nigeria,...