CBN
Reps Demand Suspension of New ATM Transaction Charges
The House of Representatives has passed a resolution urging the Central Bank of Nigeria (CBN) to suspend its newly introduced…
Naira Gains to N1,640/$ as CBN Reforms Boost Stability
The Naira appreciated to N1,640 per dollar in the parallel market on Tuesday, strengthening from N1,655 per dollar recorded…
Sterling Bank Indicted in Fraud, Money Laundering Probe
The Nigeria Police Force has indicted Sterling Bank over allegations of money laundering, fraudulent deductions, and other financial crimes…
Nigeria’s Foreign Debt Servicing Hits $3.58bn in Nine Months, Pressuring Budgets
The Nigerian government spent a staggering $3.58 billion on servicing foreign debt within the first nine months of 2024,…
CBN Stands Firm in Support of GTCO, Reassures Public on Safety of Bank Deposits
In a strong display of support for Guaranty Trust Holding Company (GTCO) and to counter unfounded allegations circulating in…
NCS Reports ₦1.9trn Revenue Growth, Pursues Exchange Rate Stability with CBN
The Nigeria Customs Service (NCS) has announced a staggering ₦1.9 trillion increase in revenue over the past year, marking…
FG Spends $2.2 Billion on Debt Servicing in Five Months
The latest release of data from the Central Bank of Nigeria (CBN) underscores the significant financial commitments of the…
Court Orders Interim Forfeiture of $4.7m, N830m, Assets Linked to Emefiele
The Federal High Court in Lagos has ordered an interim forfeiture of substantial sums of money and numerous…
CBN orders banks to suspend deposit charges
The Central Bank of Nigeria (CBN) has directed deposit money banks and financial institutions to suspend processing fees on…
TUC threatens massive protest over cybersecurity levy
The Trade Union Congress (TUC) has issued a stern warning to the Nigerian government, threatening a large-scale protest that…