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The Special Adviser to President Muhammadu Buhari on Media and Publicity, Femi Adesina, has said that the regime does not borrow to consume but to invest...
The Central Bank of Nigeria says the e-naira that will soon be inaugurated on the first day in October 2021 is a legal tender equal to...
The Monetary Policy Committee of the Central Bank of Nigeria has retained the Monetary Policy Rate at 11.5 per cent. The CBN Governor, Godwin Emefiele, disclosed...
The Federal Government has said that it will shut down the operations of Aboki FX, a website providing currency exchange information, which the bank described as...
The Debt Management Office has reported a surplus of N1.92bn in two years, consisting of N538.4m in2018 and N1.31bn in 2019. Between 2018 and2019, DMO recorded...
The Central Bank of Nigeria (CBN) has said that its soon to be launched digital currency, e-Naira, will strengthen the stability of the banking system as...
The naira pared some of its recent gains against the dollar at the parallel market on Wednesday amid the lingering scarcity of the greenback in the...
The Central Bank of Nigeria has ordered the Deposit Money Banks to set up teller points at designated branches to provide forex to Nigerians. It said...
The Federal Government has said revenue generated from the gaming industry is disappointing, unsustainable, and unacceptable. It added that while the industry made billions in 2019,...
The Federal Government has said that the COVID-19 pandemic has wiped off 20 per cent of the $25bn annual diaspora remittances to Nigeria. The government noted...
