The Federal Government, on Tuesday, declared to Western nations in Europe and America that Nigeria would not stop the exploration of fossil fuels despite the pressure being mounted by the ...
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has vowed to pursue an aggressive regulatory environment to reduce infractions in the country’s banking system. He said this on ...
The Central Bank of Nigeria (CBN) has taken a decisive step to address the persistent distortions in Nigeria’s foreign exchange market, aiming to narrow the widening gap in exchange rates. ...
A group of bakers in the country, on Monday, kicked against the nationwide strike declared by some of their counterparts, starting on Tuesday. The Association of Master Bakers and Caterers ...
The Central Bank of Nigeria (CBN) has injected over $300 million into Deposit Money Banks (DMBs) over the past two weeks in a bid to stabilize the naira-dollar exchange rate, ...
The Monetary Policy Committee of the Central Bank of Nigeria may raise the Monetary Policy Rate, otherwise known as the benchmark interest rate at the end of the meeting on ...
The Central Bank of Nigeria (CBN) is contemplating measures to prohibit Bureau De Change (BDC) operators from engaging in street trading and to impose a maximum cash purchase limit of ...
The Federal Government has said it is considering solutions that will ensure the disbursement of loans to Medium, Small, and Micro Enterprise within 14 days. It said the intended solution ...
The Central Bank of Nigeria (CBN) has instructed the Nigerian Customs Service (NCS) to align the forex rate used for import clearance with the official exchange rate. Hassan Mahmud, Director ...
To stabilize the depreciating naira, the federal government has received recommendations to streamline the management of foreign remittances. ENTREPRENEURNG gathered insights from experts and traders, highlighting significant daily transactions in ...
Copyright © 2025
