The Central Bank of Nigeria (CBN) has refuted claims of enforcing mass retirements, clarifying that its newly introduced Early Exit Package (EEP) is entirely voluntary and without negative implications for…
My friend, Paul, is Jamaican. He has a strong Jamaican twang that sometimes leaves me wondering what he is saying. Paul and I met at our local pub in London…
As reactions continue to trill the judgement of a Federal High Court in Abuja on the Rivers State fund, former Vice President Atiku Abubakar has cautioned the judiciary against acts…
The Federal High Court sitting in Abuja, the Federal Capital Territory (FCT), has stopped the Central Bank of Nigeria (CBN) from further releasing monthly financial allocations to the government of…
The Central Bank of Nigeria (CBN) has announced the introduction of an electronic foreign exchange matching system (EFEMS).In a circular on Thursday, Omolara Duke, CBN director, financial markets department, said…
Zenith Bank Plc has unveiled plans to raise N290 billion through a combined Rights Issue and Public Offer. The announcement came during a signing ceremony held on July 29, 2024,…
A former Governor of the Central Bank of Nigeria, Godwin Emefiele, was on Friday arraigned at the Federal High Court, Maitama, Abuja on 20-count bordering on alleged corrupt practices and…
The naira appreciated by 1.79 per cent against the United States dollar on the Investor & Exporter forex window on Tuesday, closing at N756.61/$. On Monday, local currency slumped to…
Ask the average Nigerian how often he makes Unstructured Supplementary Service Data transactions and he or she will mostly likely tell you that they don’t. But mention USSD transactions and…
Flutterwave, Africa’s leading payments technology company, yesterday announced that it has been granted a Switching and Processing License by the Central Bank of Nigeria, CBN. The license is widely regarded…