Additional constraints identified by the survey include multiple taxation, unreliable power supply, and an unfavourable ...

The Independent National Electoral Commission has announced that it will begin the distribution of sensitive materials for ...

The Central Bank of Nigeria (CBN) data on international payments shows that the Nigerian government spent $3.5 billion ...

Nigeria’s fiscal deficit continues to swell, with recent figures showing a budget deficit of 7.6% of GDP as of August ...

Nigeria’s foreign reserves increased to $40.167 billion as of November 11, 2024, for the first time since 2022. This is ...

The Nigeria Deposit Insurance Corporation, NDIC, has commenced a national auction of landed properties and physical assets ...

A disclosure signed by the company's secretary, Bili Odum, and filed with the NGX on Tuesday, stated that her appointment received approval from the Central Bank of Nigeria on 8 November. With over ...

Lotus Bank Limited, a Nigerian non-interest bank, has said that it has met the Central Bank of Nigeria, CBN's, minimum capital requirement even before the apex bank raised the new threshold. Speaking ...

The Nigeria Deposit Insurance Corporation (NDIC) says the sale of Heritage Bank assets will begin on December 4, 2024.In a ...

The Nigeria Deposit Insurance Corporation of Nigeria (NDIC) disclosed that it will commence the sale of Heritage Bank's ...

This is where the CBN comes in. The Central Bank of Nigeria (CBN ) has the statutory function of issuing the naira and managing the circulation of the naira. It also manages the exchange of foreign ...

Noting that the Central Bank of Nigeria (CBN) has raised interest rates to 27.25 per cent in its fifth consecutive hike this year to curb inflation and stabilise the naira, Otunuga noted that CBN’s ...