CBN

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,…

2 days ago

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…

1 month ago

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…

5 months ago

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…

5 months ago

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…

6 months ago

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…

6 months ago

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…

6 months ago

Insider Claims: Ex-minister Shittu reveals manipulations, fraudulent approvals under Buhari

  Former Minister of Communication, Adebayo Shittu, has made startling claims regarding alleged manipulations and fraudulent activities during the previous…

6 months ago

CBN sets July 7 deadline for PoS operators’ registration with CAC

  The Central Bank of Nigeria (CBN) has set a firm deadline for Point of Sales (PoS) operators to finalise…

6 months ago

Nigeria not using foreign reserves to defend naira, says CBN governor

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, clarified that Nigeria is not utilising its foreign reserves…

7 months ago