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...
Nigeria’s GDP Improves By 3.54% In Q2 2022
The National Bureau of Statistics (NBS), says Nigeria’s Gross Domestic Product (GDP) grew by 3.54 per cent in the second quarter of 2022 on a year-on-year basis.
FX convergence: ABCON seeks autonomy to digitise operation
The Association of Bureaux Des Changes Operators of Nigeria (ABCON) has urged the CBN to democratise and centralise the operation of it's members by granting them autonomy to go digital.
Why CBN relaxes restrictions on Cryptocurrency transactions
The Central Bank of Nigeria (CBN) has relaxed restrictions on transactions on crypt-currencies in the country.
CBN mandates banks to collect old N500, N1,000 notes
Banks across Nigeria have been ordered to receive old N500 and N1, 000 from customers who come to deposit them in the wake of recent crisis.
CBN Redesigns Naira, Begins Circulation Dec. 15
As means of checking serial abuse of the naira, the Central Bank of Nigeria (CBN) has concluded plans to redesign certain denominations of the currency.
