Emefiele to meet state governors over withdrawal policy
Governors of the 36 states have planned to meet with the Central Bank of Nigeria, Godwin Emefiele, on Thursday over...
Naira depreciates to N745/$ in the parallel market
The exchange rate between the naira and the US dollar at the parallel market depreciated on Wednesday, January 18, 2023,...
Microsoft to add ChatGPT to its Azure cloud service
Microsoft announced that it will add OpenAI’s popular chatbot ChatGPT to its cloud-based Azure service. This comes as the company...
15% of low-income countries are already in debt distress – IMF
The International Monetary Fund (IMF) has stated that about 15% of low-income countries are already in debt distress. This was...
The Naira maintains its rate against the USD at N742/$1 in the parallel market.
The exchange rate between the naira and the US dollar at the parallel market remained flat on Tuesday, January 17,...
Nigeria’s food inflation rate eased to 23.75% as food prices are expected to fall
Nigeria's food inflation rate fell to 23.75% in December 2022, down from 24.13 percent in November 2022. In its Consumer...
CBN rolls out guidelines on legal structures to banks and other financial institutions
In a way to mitigate the risks of money laundering, financing terrorism, and financing proliferation of weapons of mass destruction,...
Breaking: Nigeria’s Inflation surprisingly plunged to 21.34% in December 2022
The Nigeria inflation rate in December 2022 eased to 21.34% compared to November 2022 headline inflation rate which was 21.47%....
Naira crashes to N742/$ in the parallel market
On Monday, January 16, 2023, the exchange rate between the naira and the US dollar depreciated to trade at an...
Alleged terrorism financing: Declaring Emefiele wanted is bad for Nigeria’s reputation – Falana
Nigeria’s Central bank Governor, Godwin Emefiele is not in Nigeria and has been quietly declared wanted by State Security Services...
Popular Story
CBN Blacklists Chronic Loan Defaulters, Bars Them from Banking Services
Dangote Refinery Cuts Petrol Gantry Price to N1,200 per Litre Amid Global Oil Uncertainty
Naira Hits Seven-Week Low, Trading at N1480/$1 in the Black Market
31 Nigerian States Grapple with N2.57 Trillion Domestic Debt Amid No Foreign Inflows
Gold Prices Hit Record Highs as Central Banks Continue Bullion Buying Spree
