Naira surges as forex reforms gain traction BUSINESS Naira surges as forex reforms gain traction Offor Callistus May 30, 2025 The Naira appreciated by ₦4.59 against the U.S. Dollar on Thursday, closing at ₦1,586.15 at the official...Read More
FG to sell 753-unit housing estate recovered from Emefiele NEWS FG to sell 753-unit housing estate recovered from Emefiele Offor Callistus May 20, 2025 The Ministry of Housing and Urban Development has officially taken delivery of a 753-unit housing estate formerly...Read More
Nigeria’s banking sector stable, CBN reassures Nigerians BUSINESS Nigeria’s banking sector stable, CBN reassures Nigerians Offor Callistus May 20, 2025 The Central Bank of Nigeria (CBN) has reassured the public, depositors, and stakeholders that the Nigerian banking...Read More
Court dismisses Emefiele’s bid to reclaim forfeited 753 Abuja duplexes, apartments Judiciary NEWS Court dismisses Emefiele’s bid to reclaim forfeited 753 Abuja duplexes, apartments Offor Callistus April 29, 2025 The Federal Capital Territory (FCT) High Court, Apo, Abuja, on Monday dismissed an application filed by the...Read More
Double-digit GDP growth necessary to achieve $1trn goal – UBA GMD BUSINESS Double-digit GDP growth necessary to achieve $1trn goal – UBA GMD Offor Callistus April 15, 2025 Group Managing Director, United Bank for Africa (UBA), Mr Oliver Alawuba, has said Nigeria requires a double-digit...Read More
Nigerian banks ready for recapitalisation, rising globally – CBN BUSINESS NEWS Nigerian News Nigerian banks ready for recapitalisation, rising globally – CBN Offor Callistus April 15, 2025 The Central Bank of Nigeria (CBN) has affirmed the preparedness of the Nigerians banks for the ongoing...Read More
Bank recapitalisation crucial to achieving $1trn economy – CBN BUSINESS Bank recapitalisation crucial to achieving $1trn economy – CBN Offor Callistus April 15, 2025 The Central Bank of Nigeria (CBN), has said the recapitalisation of Nigerian banks is crucial to the...Read More
Court orders final forfeiture of $1.4m linked to Emefiele Judiciary NEWS Court orders final forfeiture of $1.4m linked to Emefiele Offor Callistus March 6, 2025 A Federal High Court in Lagos on Thursday, ordered a final forfeiture of the sum of 1.43...Read More
CBN urged to stabilise exchange rate, peg customs duty at N1,000 BUSINESS CBN urged to stabilise exchange rate, peg customs duty at N1,000 Bode May 2, 2024 The Centre for the Promotion of Private Enterprises (CPPE) has urged the Central Bank of Nigeria (CBN)...Read More
CBN increases interest rate To 22.75% BUSINESS NEWS CBN increases interest rate To 22.75% Bode February 27, 2024 The Central Bank of Nigeria (CBN)’s Monetary Policy Committee (MPC) has raised the Monetary Policy Rate(MPR)...Read More
Experts project further rates tightening as CBN holds first MPC under Cardoso BUSINESS NEWS Experts project further rates tightening as CBN holds first MPC under Cardoso Bode February 25, 2024 The Central Bank of Nigeria (CBN), has scheduled its first Monetary Policy Committee (MPC)...Read More
Alleged unlawful detention: Court orders CBN to pay German N63.7m, $10000 awarded against FG Judiciary NEWS Alleged unlawful detention: Court orders CBN to pay German N63.7m, $10000 awarded against FG Bode February 22, 2024 A Federal High Court, Abuja, on Thursday, ordered the Central Bank of Nigeria (CBN) to pay...Read More
Inflation: CBN increases Price Verification System limit from 2.5% to 15% BUSINESS NEWS Inflation: CBN increases Price Verification System limit from 2.5% to 15% Bode February 16, 2024 The Central Bank of Nigeria (CBN) has announced an upward review of the Price Verification System...Read More
Tinubu seeks Senate confirmation of Chairman, members of CBN MPC NEWS Tinubu seeks Senate confirmation of Chairman, members of CBN MPC Bode February 14, 2024 President Bola Tinubu has sought the confirmation of Senate for the appointment of a Chairman and...Read More
eNaira poses no threat to financial stability – CBN BUSINESS eNaira poses no threat to financial stability – CBN Bode October 9, 2023 The Central Bank of Nigeria (CBN), has assured Nigerians that its digital currency. eNaira posed no...Read More
Emu kingdom, 67 others key into CBN oil palm programme in Delta –Official BUSINESS Emu kingdom, 67 others key into CBN oil palm programme in Delta –Official Bode September 12, 2023 Emu kingdom in Ndokwa West Local Government Area on Monday joined other 67 communities in Delta...Read More
CBN unveils fresh guidelines for forex sale by BDCs BUSINESS CBN unveils fresh guidelines for forex sale by BDCs Bode August 19, 2023 The Central Bank of Nigeria (CBN) on Friday unveiled a series of fresh operational guidelines for forex...Read More
Experts preach caution as CBN holds first MPC meeting under Tinubu BUSINESS Experts preach caution as CBN holds first MPC meeting under Tinubu Bode July 23, 2023 As the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) prepares for its July...Read More
We are engaging CBN on customers’ social media handles archiving – NDPC BUSINESS We are engaging CBN on customers’ social media handles archiving – NDPC Bode June 29, 2023 The Nigeria Data Protection Commission (NDPC) says it engaging the Central Bank of Nigeria (CBN) on its...Read More
Labour extends ultimatum to CBN to end cash crunch by 2 weeks Nigerian News Labour extends ultimatum to CBN to end cash crunch by 2 weeks Bode March 29, 2023 The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) on Tuesday extended the ultimatum issued...Read More