SERAP Gives Ultimatum to CBN Over Alleged Financial Mismanagement
The Socio-Economic Rights and Accountability Project (SERAP) has issued a stern ultimatum to the Central Bank of Nigeria (CBN) to...
French Stocks Surge as Far-Right Gains Election Lead, Expected to Fall Short of Majority
French stocks experienced a significant boost early Monday, with the CAC 40 index climbing 2.2% by 8:47 a.m. London time,...
NDIC Attributes Delayed Refunds for Heritage Bank Customers to Account Discrepancies
The Nigeria Deposit Insurance Corporation (NDIC) has identified discrepancies in account names linked to the Bank Verification Numbers (BVN) of...
FG Raises Fresh N284bn as T-Bills Debt Reaches N10tn
The Federal Government, through the Central Bank of Nigeria (CBN), has successfully raised N284.26 billion in its latest Nigerian Treasury...
Total Transactions on Nigerian Exchange Hit N2.35 Trillion in Five Months
The Nigerian Exchange Limited (NGX) reported that total transactions on the local bourse surged to N2.35 trillion by the end...
Nigeria’s Q1 Borrowing Hits N7.71 Trillion, Not N24.33 Trillion, Says DMO
The Debt Management Office (DMO) has clarified that Nigeria’s fresh borrowing for the first quarter of 2024 was N7.71 trillion,...
CBN Discontinues FX Price Verification Portal for Importers Starting July 1
The Central Bank of Nigeria (CBN) has announced the discontinuation of its foreign exchange price verification system portal for importers,...
Nigeria Records $24bn FX Inflow in Q1 2024: CBN
The Central Bank of Nigeria (CBN) announced a significant milestone in the country’s foreign exchange market, recording a total inflow...
Shoprite’s Exit from Wuse Central Mall: A Blow to Retail Ecosystem and Employment in Nigeria
In a move that underscores the challenging business environment in Nigeria, Retail Supermarket Nigeria (RSN) Limited, operating under the brand...
Naira Faces Renewed Pressure as CBN Governor Cardoso Remains Confident in Market Stability
The naira experienced renewed pressure in the official foreign exchange market on Tuesday, depreciating by 0.71 percent against the dollar....
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NNPC Crude Deliveries to Dangote Refinery Exceed 1 Million Tonnes in April
