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
Dangote Refinery Secures License to Process 300,000 Barrels of Nigerian Crude Daily
Africa’s wealthiest individual, Aliko Dangote, announced that his refinery, having obtained a license, is set to refine over 300,000 barrels
CAC Chief Hussaini Magaji Affirms Bold Agenda for Revenue Boost and Operational Excellence
The Registrar-General/CEO of the Corporate Affairs Commission, Hussaini Magaji, has reiterated his unwavering dedication to executing a comprehensive four-point agenda
Naira Loses Ground Against the Dollar as Central Bank’s Momentum Fades
The Nigerian naira experienced a significant setback against the US dollar on Monday, plummeting to an average of 1,030 naira
Cooking Gas Scarcity Sweeps Lagos and More States As Prices Rise
A scarcity of Liquefied Petroleum Gas, popularly known as cooking gas, has ignited a hot topic across Lagos and other