Refined petroleum products from the $20bn Dangote Petroleum Refinery are to be sold in naira and not in the United…
FG issues N2b savings bonds in 2024’s maiden issuance
The Federal Government has raised about N2 billion from the latest issuance of the monthly retail savings bonds as investors…
CBN holds MPC meeting February 26
The Monetary Policy Committee of the Central Bank of Nigeria will hold its first policy meeting for the year on…
CBN Pays $2bn To Clear FX Backlog, To Sanction Defaulters
The Central Bank of Nigeria (CBN) says it paid approximately $2 billion across various sectors, including manufacturing, aviation, and petroleum…
Glo Denies Owing MTN N1.6bn
Nigerian telecommunications company, Globacom Ltd has denied the claim regarding unpaid connection charges owed to MTN. News Agency of Nigeria…
CBN disburses $61 million to settle foreign airlines’ trapped fund
The Central Bank of Nigeria said it has disbursed $61.64 million to foreign airlines through deposit money banks. According to…
Fresh Dust Over Union Bank’s Sale As CBN Investigator Summons Tunde Lemo
The Special Investigator appointed by President Bola Tinubu to probe the Central Bank of Nigeria (CBN) has summoned the Chairman…
CBN lifts ban on cryptocurrency transactions
The Central Bank of Nigeria (CBN) has lifted the ban it imposed two years ago on cryptocurrency transactions in the…
JUST IN: Port Harcourt Refinery Resumes Operations
The Port Harcourt Refining Company (PHRC) in Rivers State has resumed operations, aligning with the federal government’s commitment to produce…
Nigeria’s Public Debt Grows by 0.61% in Three Months to N87.91 Trillion
Nigeria’s total public debt stock, including domestic and external debt obligations of the federal government, states, and Federal Capital Territory…