After 10 Weeks Decline FX Reserve Rises to $32.8bn After a 10-week dip of $1.8bn, Nigeria’s foreign exchange reserve has shown a steady increase over the past six days, indicating a recovery process for the economy’s external reserve. According to data from the Central Bank of...

Here is a woman who has contributed immensely by ensuring increased revenue, reduced costs, and improved security in various organisations she had worked for and could just be retired due to political exigency.

FG Reportedly Considers Suspending Import Levies on Food to Curb Inflation The federal government is considering suspending import duties on staple food, drugs, and other essential items for six months to slow inflation in the country. According to a Bloomberg report, the government may also waive...

FX Reserves Fall by $1.8bn in 10 Weeks – CBN Nigeria’s foreign exchange reserves have fallen by $1.8bn in 10 weeks, according to data from the Central Bank of Nigeria (CBN). As of May 29, 2024, the country’s FX reserves stood at $32.69bn, down from $34.44bn...

Debt Management: CBN Calls for Transparency, Training for Professionals The Central Bank of Nigeria (CBN) has emphasised the importance of transparency in debt management and borrowing activities to build trust with investors, creditors, and the public. The CBN Governor, Olayemi Cardoso, made the call in Abuja,...

After License Revocation NDIC Commences Liquidation of Heritage Bank The Nigeria Deposit Insurance Corporation (NDIC) on Monday said it commenced the liquidation of Heritage Bank Plc, following the revocation of the banking license of the Bank by the Central Bank of Nigeria (CBN) on Monday,...