Fidelity Bank Plc, one of Nigeria's leading Tier-1 financial institutions, has announced a remarkable financial performance for the first quarter of 2025, recording a Profit Before Tax (PBT)...
The Monetary Policy Committee, the policy-setting committee of the Central Bank of Nigeria (CBN), has raised the monetary policy rate (MPR), which measures interest rate, from 18.5 per cent to 18.75 per cent.
 Alhaji Aminu Gwadabe, President, Association of Bureaux Des Change Operators of Nigeria (ABCON), has said that members of the group will align with President Bola Tinubu’s position on unified exchange rates.
The Minister of Finance and Coordinating Minister of the Economy, Chief Wale Edun has said that the Federal Government has no intention to borrow from any local or foreign organisation with its removal of subsidy on petrol and exchange rate harmonisation.
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.