Why CBN, NNPCL Agree to Domicile Oil Firm's Revenue in Apex Bank
In an effort to improve efficiency and bolster their commercial activities, the Nigerian National Petroleum Company Limited (NNPC Ltd) and the Central Bank of Nigeria (CBN) have announced their intentions to strengthen their...
Kaduna Court Jails Fake EFCC Agent, Two Others
The Kaduna Zonal Command of the Economic and Financial Crimes Commission (EFCC) has convicted and sentenced Abdulazeez Isah to three years imprisonment for parading himself as an agent of the anti-graft agency.
Abraham Adama and Uzoma Isaac Iwu...
Edun, Cardoso Seek Increase In World Bank Support for Nigeria
Mr. Wale Edun, the Minister of Finance and Coordinating Minister for the Economy, has called for more support from the World Bank for Nigeria, expressing hope that the multilateral institution will appreciate the reforms conducted...
JUST IN: FG Increases Exchange Rate for Cargo Clearance to N1356 Per Dollar
The Nigerian government through the Central Bank of Nigeria (CBN) has raised the exchange rate for cargo clearance from N952/$ to N1.356 per dollar.
This adjustment follows recent increases in the exchange rate...
AMPCON Chairman Decries Oil & Gas Saboteurs
Mogaji Wole Arisekola, the National Chairman of the Association of Online Media Practitioners in Nigeria, (AMPCON), has spoken out against the activities of all economic saboteurs planning to hinder progress in reform being implemented by President Bola Tinubu’s...
Cedrus Group: CBN Reforms Will Yield Results In Q2
On Thursday, the Chief Executive Officer of Cedrus Group Africa, Olubusayo Adeniyi, stated that the reforms and policies of the Central Bank of Nigeria (CBN) will start yielding results from the second quarter of 2024.
Speaking at...
