The value of the naira fell further by 1.68 per cent against the dollar at the official market on Thursday. At the Investor & Exporter foreign...
Bismarck Rewane says VP Osinbajo’s comments on Nigeria’s foreign exchange were right Renowned Nigerian economist, Bismarck Rewane, says Vice President Yemi Osinbajo was “absolutely correct” on...
Vice-President Yemi Osinbajo has called on the Central Bank of Nigeria to allow the naira reflect the realities of the market. The national currency is changing...
Nigeria has an estimated $16 billion in domiciliary accounts of commercial and merchant banks, data from the Central Bank of Nigeria reveals. We assumed an official...
Amid heated litigation over its trademark infringement on the name “eNiara”, a Federal High Court in Abuja has given a green light to the Central Bank...
A 31-year-old Nigerian,Tochukwu Edeh, is ready to face 20 years in jail in the USA after being indicted for an internet funding scam. 31-year-old Tochukwu Edeh...
A Nigerian nationwide was indicted immediately in federal courtroom in Boston in reference to allegedly working an unlicensed cash transmitting enterprise to launder the proceeds of...
The apex Bank of Nigeria CBN on Thursday announced the postponement of the planned unveiling of the country’s digital currency, eNaira. The Spokesman of the CBN,...
US Treasury Secretary, Janet Yellen has warned lawmakers that the country’s government will likely run out of cash by October 18 as Senate Republicans blocked attempts to increase the...
Some Financial Experts have urged the Central Bank of Nigeria (CBN) to take cognizance of the impact its proposed digital currency (eNaira) might have on the...