Dangote Refinery Welcomes Fourth Million-Barrel Crude Shipment
The Dangote Petroleum Refinery reached a crucial milestone on Monday, marking the arrival of its fourth shipment, consisting of one
Power Distribution Companies Refute Rumors of Immediate Electricity Tariff Hike
In response to circulating reports, power distribution companies in Nigeria have vehemently denied any plans for an imminent electricity tariff
CBN Threatens Sanctions Against Banks and POS Operators Amid Naira Scarcity Concerns
Amid the ongoing Naira scarcity crisis, the Central Bank of Nigeria (CBN) issued a stern warning, indicating potential sanctions against
Kenya and EU Sign Transformative Trade Deal
Kenya and the European Union have formalized a landmark trade agreement aimed at bolstering trade between the regions. President William
IMF Chief Urges Bold Crypto Regulation for Global Financial Stability
The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, stressed the imperative need for comprehensive cryptocurrency regulation to
CBN Addresses Cash Scarcity, Assures Public Amidst Hoarding Concerns
The Central Bank of Nigeria (CBN) has reiterated its commitment to resolving the reported cash scarcity in major cities across
Naira Devalues, Hits N1,260 per Dollar in Parallel Market as Disparity Widens
The Nigerian naira witnessed a decline in its value, reaching N1,260 per dollar in the parallel market, marking a drop
Central Bank Warns Against Fake Banknotes in Circulation
Today, the Central Bank of Nigeria (CBN) issued a cautionary advisory to banks and Nigerians regarding the increased circulation of
Central Bank of Nigeria Delays Key Monetary Policy Meeting Amidst Soaring Inflation
Amidst a significant surge in inflation, the Central Bank of Nigeria (CBN) has once again deferred the meeting of its
CBN Extends Validity for Old Naira Notes, Quashes Expiry Dates
The Central Bank of Nigeria has declared an indefinite extension of the legal tender status for old N200, N500, and