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CBN uncovers $2.4bn invalid FX claims
. Says, no plans to convert Dom Account into Naira By Stanley Onyeka, Lagos The Central Bank of…
Cancer rates set to rise 77 per cent by 2050
Global cancer cases are expected to rise around 77 per cent by the middle of the century, UN…
FG grants employment waivers in hospitals
The federal government has granted waivers to hospitals for the employment of health workers to improve healthcare delivery.…
CBN directs banks to limit exposure to foreign currency
By Stanley Onyeka, Lagos The Central Bank of Nigeria (CBN), yesterday, issued a new set of directives that…
CBN warns dealers against FX market manipulation
. Concludes payment of $64.44m verified claims by airlines By Stanley Onyeka, Lagos The Central Bank of Nigeria…
Economy in stabilisation stage, CBN Governor
. Says Naira is currently undervalued By Stanley Onyeka Nigeria’s Central Bank Governor, Olayemi Cardoso, yesterday, said the…
High food prices push Nigeria’s inflation to 28.92% in Dec ‘23
By Clara Nwachukwu Nigeria’s headline inflation rate in December 2023, rose to 28.92% from 28.20% in November, according…
Afreximbank disburses $2.25bn NNPCL crude oil prepayment facility
African Export-Import Bank (Afreximbank), says it has successfully arranged a syndicated $3.3 billion crude oil prepayment facility sponsored…
CBN appoints new executives for Union, Keystone, and Polaris Banks
The Central Bank of Nigeria (CBN), yesterday, announced the appointment of new executives to oversee the affairs of…
Tinubu sacks BPE, FCCPC CEOs Okoh, Irukera
. Suspends Betta Edu over humanitarian fund scandal President Bola Tinubu yesterday, dismissed with immediate effect the chief…