Naira Drops to Record Low Against Dollar, Stirring Economic Concerns
On Monday, the Nigerian Autonomous Foreign Exchange Market witnessed a significant downturn as the national currency, the naira, plunged to
Ivory Coast Clinches Victory in Thrilling Africa Cup of Nations Final
In a thrilling finale at the 2023 Africa Cup of Nations, Ivory Coast secured a 2-1 victory over Nigeria, spurred
Access Holdings CEO Feared Dead in California Helicopter Crash
The news of Herbert Wigwe, Group Chief Executive Officer of Access Holdings Plc, being feared dead has sent shockwaves through
No Plans to Convert $30 Billion Domiciliary Accounts to Naira
The Central Bank of Nigeria (CBN) has categorically denied any intentions to convert domiciliary account holdings valued at $30 billion
CBN Orders Banks to Sell Excess Dollar Stock by Feb 1
In a bid to stabilize the nation’s volatile exchange rate, the Central Bank of Nigeria (CBN) has directed Deposit Money
Naira Hits Record Low Against Dollar
The Naira witnessed a sharp decline at the official exchange window on Tuesday, reaching an unprecedented low of N1,482 against
China Implements Strategic Move to Boost Economy Amidst Challenges
China has announced a significant step to stimulate lending and address economic challenges. According to the People’s Bank of China
Nigeria Seeks $1.5 Billion Aid from World Bank to Alleviate Naira’s Decline
In a bid to address the severe dollar shortage affecting the naira, Nigeria is actively pursuing a $1.5 billion aid
National Assembly Increases Ministry of Works Budget to N1.03tn
The National Assembly has increased the budget allocation for the Ministry of Works from N657.3bn to a whopping N1.03tn. This
CBN Elect New Executives To Take the Helm at Union, Keystone, and Polaris Banks
The Central Bank of Nigeria (CBN) has appointed new executive officers to Union Bank, Keystone Bank, and Polaris Bank, following