Why CBN relaxes restrictions on Cryptocurrency transactions
The Central Bank of Nigeria (CBN) has relaxed restrictions on transactions on crypt-currencies in the country.
Why CBN appoints new executives for Union, Keystone, Polaris Banks
The Central Bank of Nigeria (CBN) on Wednesday in a terse statement announced the dissolution of the boards and management of Union, Keystone and Polaris Banks.
FG shares N1.13trn December 2023 revenue to states, LGAs
The Federation Account Allocation Committee (FAAC) says it shared N1.13 trillion among the three tiers of government as revenue in December 2023.
The total figure...
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.
Why Naira loses marginally, exchanges N461.50 to dollar
Nigerian currency' the Naira is being exchanged at N461.50 to the dollar at the Investors and Exporters window.
EFCC Hails CBN’s Move To clampdown On Currency Hoarders
The Economic and Financial Crimes Commission (EFCC) has applauded the move by the Central Bank of Nigeria (CBN) to redesign and reissue higher denominations of the Nigerian currency, the Naira.
