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Rivers Judiciary Denies Report of Fubara Sending CJ on Leave

The Rivers Judiciary dismissed allegations that Governor Fubara requested Chief Judge Simon Amadi to take leave and addressed misinformative goals to build political confusion.
News

Rivers State political crisis: Rivers Commissioners Sacked

The Rivers State House of Assembly has intensified its standoff with Governor Siminalayi Fubara, demanding the removal of 19 commissioners over alleged illegal appointments.
News

CBN to Reveal Owners of Dormant Accounts Annually

The CBN will publish the names of dormant account owners annually to enhance transparency and manage unclaimed balances effectively.
News

Nigeria’s Economic Woes: Poor Diversification, Excess Liquidity Cited by CBN

CBN Governor Yemi Cardoso attributes Nigeria's economic woes to poor diversification and excess liquidity, raising interest rates to combat inflation.
News

Nigeria’s Inflation Battle Intensifies as MPC Meets

Nigeria's inflation battle intensifies as the MPC meets to decide on measures to curb rising prices. Key areas include interest rates, currency stability, and food security.
News

Former Currency Director Denies Receiving Naira Redesign Minutes

Former CBN Director Ahmed Umar testifies he didn't receive minutes from the Naira redesign meeting, amidst the trial of suspended Governor Godwin Emefiele.
News

Why CBN Excluded Retained Earnings in Its Recapitalization Terms

In a move aimed at bolstering the stability of Nigeria's banking sector, the Central...
Business

CBN Sells Over N1 Trillion OMO Bills, Attracts Foreign Investors

The Central Bank of Nigeria (CBN) has announced the successful completion of a sale...
Business

CBN Clears $400 Million FX Backlog in One Week

The Central Bank of Nigeria (CBN) has cleared an additional $400 million of foreign...
News

Former CBN Governor Emefiele Vindicated by Economic Crisis

The economic woes that have plagued Nigeria since 2023 have proven the competence and...
Business

Naira Gains Strength as Foreign Reserves Grow**

The Nigerian currency, the naira, has appreciated against the US dollar in the parallel...
News

CBN Bans Cash Payout for Travel Allowances

The Central Bank of Nigeria (CBN) has announced a new policy that prohibits authorized...
News

Nigeria’s Naira Plummets to All-Time Low Against Dollar

Nigeria’s currency, the naira, has fallen to a record low of 1,534.39 per dollar...
News

Senate Grills Top Brass, Economic Team

The Senate has summoned the service chiefs and the economic team to appear before...
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News

Rivers Judiciary Denies Report of Fubara Sending CJ on Leave

The Rivers Judiciary dismissed allegations that Governor Fubara requested Chief Judge Simon Amadi to take leave and addressed misinformative goals to build political confusion.
News

Rivers State political crisis: Rivers Commissioners Sacked

The Rivers State House of Assembly has intensified its standoff with Governor Siminalayi Fubara, demanding the removal of 19 commissioners over alleged illegal appointments.
News

Dangote Sets New HQ in Eko Atlantic, FirstBank Builds Tallest Tower

Dangote plans to move his industrial empire to Eko Atlantic, reinforcing Lagos’ status as Nigeria’s financial hub as FirstBank builds its skyscraper.
News

Senate Dismisses Natasha Akpoti’s Harassment Petition Against Akpabio

The Nigerian Senate rejected a petition by Natasha Akpoti against Senate President Akpabio, citing procedural violations and an ongoing legal case.

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