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Business & Economy
Naira appreciates vs US dollar, closing at 793.70/$
On the Investor & Exporter FX window on Wednesday, the naira strengthened vs the US dollar, closing at 793.70/$.
On the I&E window, the local currency had previously traded at…
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NURPC releases framework to address problems with oil theft, unauthorised cash flows
To address the problems with oil theft and unauthorised cash flows in the nation, the Nigerian Upstream Petroleum Regulatory Commission established a regulatory framework.
The…
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FG’s borrowing from CBN reached N25tn in March
A
Through Ways and Means Advances, the Federal Government borrowed a total of N1.83 trillion from the Central Bank of Nigeria (CBN) in the first quarter of 2023.
Politics According to…
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Breaking: Nigeria Redeems 10-Year $500m Eurobond – DMO
The Debt Management Office (DMO) announced on Wednesday that Nigeria has redeemed a $500 million Eurobond.
A eurobond is a debt instrument that is issued in a country or…
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CBN offers risk management professionals advice on newly emerging threats
Dr. Blaise Ijebor, Director of Risk Management at the Central Bank of Nigeria, has urged risk management professionals to stay on top of trends that could be dangerous for their…
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Tinubu to take over as next ECOWAS chairman
The next ECOWAS (Economic Community of West African States) chairman is expected to be President Bola Ahmed Tinubu.
Recall that Tinubu departs from Abuja on Saturday before the Sunday…
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King Charles’ Prince Trust to assist in Nigerian unemployment
In order to solve the serious global problem of youth unemployment, King Charles III of England founded The Prince's Trust International, a non-profit organization, which has its…
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I will reform financial system, ensure transparency – Tinubu
The nation's financial system needs reform, and President Bola Tinubu has stated he is working to make sure the budgetary process is transparent.
At the Lagos House, Marina, where he…
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Report: Banks increase e-banking revenue to N96 billion
The Central Bank of Nigeria's policy to redesign the naira has allowed not fewer than 12 Nigerian banks to profit from an increase in revenue from electronic banking.
The banks…
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Government, private security companies must cooperate – Arase
Collaboration between security agencies and their private counterparts will promote economic growth in Nigeria, according to Dr. Solomon Arase, Chairman of the Police Service…
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