Finance
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Banks run out of new naira, demand soars
The newly redesigned N1,000, N500 and N200 bills finally became a legal tender on December 15, 2022, over three weeks after…
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JUST IN: Reps summon Emefiele over CBN cash withdrawal limits
The House of Representatives has criticised the new policy introduced by the Central Bank of Nigeria which, among others, sets…
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Customers, companies panic as CBN slashes withdrawal limits
The Central Bank of Nigeria has imposed fresh cash withdrawal limits on individuals and organisations, which will become effective on…
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Buhari nominates Ahmad, Adamu as CBN deputy governor
The President, Major General Muhammadu Buhari (retd.), has written the Senate, seeking the screening and re-confirmation of the some former…
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BREAKING: CBN limits cash withdrawals to N100,000 weekly
The Central Bank Of Nigeria has imposed fresh cash withdrawal limits on individuals and organisations, which takes effect from January…
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Fasten your seatbelts — How to navigate the economic turbulence ahead
2022 has been a critical year for the Nigerian economy. War in Ukraine and the aftermath of the COVID-19…
Read More » Nigeria spends 86% of revenue on debt servicing, South Africa pays 20%
Nigeria spent 86 per cent of its revenue on servicing debt in 2021, but South Africa spent only 20 per…
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N10bn debt: FCTA seals Federal Ministry of Works, FCC, others
The Federal Capital Territory has, in the early hours of Tuesday, sealed the Federal Ministry of Works, Federal Character Commission,…
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CBN fines three banks N800m over crypto transactions
The Central Bank of Nigeria has imposed an N800m fine on three Deposit Money Banks in the country for violating…
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Nigerians spend $39.66bn on foreign education, medical tourism – CBN report
NIGERIANS spent a total of $39.66bn on foreign education and healthcare-related services between 2010 and 2020, according to the Central…
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