The Central Bank of Nigeria (CBN) has uncovered discrepancies in foreign exchange forwards transactions valued at $2.4 billion. Disclosing this while addressing a press conference after...
The House of Representatives Committee on Public Accounts has given all private airline operators in the country a one-week deadline to account for the N4 billion...
The presidential candidate of the Labour Party in the 2023 polls, Peter Obi, has described as ill-advised and wrongly directed the reported clampdown on Bureau De...
Peter Obi, the presidential candidate of the Labour Party in the 2023 general elections, has urged the President Bola Tinubu-led administration to bring to an end...
The Economic and Financial Crimes Commission (EFCC), in an effort to stem the free fall of the naira in the FOREX market, has constituted a Special...
The Central Bank of Nigeria (CBN) assured members of the public that it will not convert the foreign exchange in the domiciliary accounts of customers into...
The Economic and Financial Crimes Commission (EFCC) conducted a search operation at the Dangote Group‘s head office in Lagos on Thursday. The operation, according to reports,...
In global economic dynamics, few countries exemplify the intricate connection between natural resource exports and financial stability. Nigeria is one of them. As one of Africa’s...
The House of Representatives is to summon the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, to discuss the new policy that eliminates forex...
Nigeria finance minister Wale Edun on Monday claimed that the country is expecting $10 billion in foreign currency inflows in the next few weeks to ease...