FG denies plans to borrow N20trn from pension fund
Abuja, May 16, 2024 – The federal government has denied reports that it planned to borrow N20 trillion from the pension fund to develop...
Fidelity, Zenith, Access makes list of most Capitalised Banks in Q3 2023
Leading financial institution, Fidelity Bank, has been listed as one of most capitalized banks in Nigeria based on Q3 2023 financial results.
NIDCOM hails Tinubu’s administration, CBN on naira payout policy
Hon. Abike Dabiri-Erewa, Chairman/CEO, Nigerians in Diaspora Commission (NIDCOM) has commended the new payout policy of the Central Bank of Nigeria (CBN) as a boost to diaspora remittances.
Buhari Demands For 7days Decision On Major Currency Redesign
President Muhammadu Buhari has urged citizens to give him seven days to resolve the cash crunch that has become a problem across the country following the policy of the Central Bank of Nigeria to change high value Naira notes with new ones.
Why Diezani denies ownership of repatriated $52.8m loot
Former Minister of Petroleum Resources, Diezani Alison-Madueke (DAM), has denied ownership of the $52.8 million recently repatriated to Nigeria from the United States of...
CBN moves to restore investor confidence, begins clearance of FX
The Central Bank of Nigeria (CBN) has started clearing backlogs of foreign exchange (FX) forward contracts through some banks as part of efforts to rebuild confidence in the Nigerian economy.
