Digital Currency Gains Traction as CBN Appoints Technical Partner
The Central Bank of Nigeria (CBN) yesterday announced the formal engagement of global fintech company, Bitt Inc., as technical partner for its proposed digital currency, […]
Finance
CBN SELECTS TECHNICAL PARTNER FOR DIGITAL CURRENCY PROJECT
The Central Bank of Nigeria (CBN) has announced the formal engagement of the global Fintech company, Bitt Inc., as the Technical Partner for its digital […]
$2 billion tax remittance: MTN has payment plan with FG – Finance Minister
Nigeria’s Finance Minister, Mrs Zainab Ahmed has revealed that MTN Nigeria’s $2 billion tax repayment scheme currently includes a payment plan with the Federal Inland […]
Lawmakers Fume over FG’s Plan to Borrow N5.62tn, Tackle MDAs Hiding Revenue
The House of Representatives yesterday expressed displeasure over the way some Ministries, Departments and Agencies (MDAs) conceal their revenues, thereby denying the federal government the […]
CBN, POLICE, OTHERS TO PROSECUTE NAIRA ABUSERS
The Central Bank of Nigeria has announced that abusers of naira notes will be prosecuted by the financial regulator in collaboration with other regulatory bodies […]
COURT FREEZES BANK ACCOUNTS OF FOREX TRADING PLATFORMS
The Federal High Court, Abuja, has frozen the bank accounts of some investment and trading platforms that Nigerians have been using to transact online. The […]
Naira records significant gain at official market despite 27.8% drop in dollar supply
Friday, 13th August 2021: The exchange rate between the naira and the US dollar closed at N410.80/$1 at the official Investors and Exporters window. Naira appreciated against the […]
Naira falls at black market as dollar supply drops by 18.14%
Thursday, 5th August 2021: The exchange rate between the naira and the US dollar closed at N411.25/$1 at the official Investors and Exporters window. Naira appreciated against the […]
Naira maintains steady gain at black market
Wednesday, 4th August 2021: The exchange rate between the naira and the US dollar closed at N411.50/$1 at the official Investors and Exporters window. Naira remained stable against […]
FG TO MAKE CASH TRANSFER TO 200,000 SENIOR CITIZENS IMPACTED BY COVID-19
The federal government has announced their plan to commence cash payment to 200,000 urban poor senior citizens that do not have access to regular income […]