The Central Bank of Nigeria (CBN) has increased interest rates by 150 basis points, bringing the rate to 26.25% from…
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The Central Bank of Nigeria (CBN) has rescinded its directive, issued on May 6, that mandated commercial, merchant, and non-interest…
The International Monetary Fund (IMF) has released its 2024 Staff Report, advocating for regulatory oversight of cryptocurrency dealers by the…
The Federal High Court in Abuja has dismissed a suit aimed at halting the Federal Government’s plans to securitize the…
The House of Representatives has called on the Central Bank of Nigeria (CBN) to retract its directive mandating banks to…
The Central Bank of Nigeria (CBN) has revised its forex management policies, permitting International Oil Companies (IOCs) operating in the…
The Federal Government has announced its intentions to remove the Naira from all peer-to-peer (P2P) platforms, as revealed by Emomotimi…
In collaboration with the West African Institute for Financial and Economic Management (WAIFEM), the Central Bank of Nigeria (CBN) has…
In a move that has sparked concern among bank customers and fintech operators alike, the Central Bank of Nigeria (CBN)…
In the latter half of 2023, the Federal Government of Nigeria saw a significant boost in funds, with an additional…
Amidst a backdrop of currency volatility, the Nigerian naira continued its downward slide, reaching a new low of 1,300/$ against…
In an address at the ongoing International Monetary Fund Spring Meetings in Washington D.C., Central Bank Governor Olayemi Cardoso clarified…