Claims that the Central Bank of Nigeria’s (CBN) new policy that limits cash withdrawals is aimed at point-of-sale (PoS) agents have been proven false. Even though...
According to the World Bank, Nigeria’s situation is getting worse, and Nigeria’s economy is doing less well because inflation is still going on. This is what...
According to economic experts, factories and enterprises are being forced into insolvency, non-profitability, and the inability to repay loans provided by the Central Bank of Nigeria,...
Sam Bankman-Fried, a former chief executive of FTX, is accused of orchestrating a multi-year plan to mislead equity investors and raise more than $1.8 billion, according...
According to the Central Bank of Nigeria (CBN), it would keep selling dollars to banks so they could promote non-oil exports. This was said on Saturday...
The new naira notes have already been given to various commercial banks, according to Godwin Emefiele, the governor of the Central Bank of Nigeria (CBN), and...
The Central Bank of Nigeria’s cash withdrawal restrictions have been characterized as harsh by House of Representatives member Mark Gbillah (CBN). The senator added that Godwin...
The Nigerian National Petroleum Company (NNPC) Limited and oil marketers have been given a 48-hour deadline by the Department of State Services (DSS) to make Premium...
According to a university professor, CBN’s new strategy will cause additional job losses and corporate disarray. Professor Ishaq Modibo, a lecturer at the Department of Economics,...
Naira redesign: 5% and 10% fees apply to cash withdrawals over N100,000 and N500,000. As a step toward implementing the naira redesign strategy, the Central Bank...