The importance of KYC in a financial institution.

The Nigerian Economic Summit Group (NESG) and the Ford Foundation launched a diagnostic report on Tuesday, February 14, 2023, on...

Buhari extends validity of old 200 naira notes till April 10

President Muhammadu Buhari has ordered the extension of the validity of old 200 naira notes by 60 days. This information...

Nigeria to suffer drop in oil demand as EU plans to Ban Petrol, Diesel Vehicles by 2035.

February 17, 2023

Nigeria and other major oil-producing countries could lose major markets in Europe after the European Parliament approved a law to...

Confusion deepens as the uncertainty of the old naira deadline persists.

Supreme Court Adjourns naira redesign policy for February 22

The supreme court of Nigeria has adjourned the redesign policy case till February 22. The court adjourned after nine other...

CBN discovered N365 million of counterfeit notes in the five years.

New naira scarcity may worsen consumer spending – Fitch

Fitch Ratings, a global rating agency, has said that the demonetisation drive by the Central Bank of Nigeria will likely...

Inflation increased to 21.84% in January 2023.

Nigeria’s inflation soared to 21.82% in January 2023 amid the redesign of the naira by the Central Bank of Nigeria....

Naira appreciates to N750/$ in the parallel market.

Naira depreciates to N762/$ in the parallel market.

The exchange rate between the naira and the US dollar traded for an average of N762/$1 on Wednesday, 15 February...

Anger and chaos erupt as the naira’s scarcity worsens.

The lack of newly designed naira notes has led to a cash shortage and a growing sense of anxiety among...

Elon Musk claims to donate almost $2 billion to charity.