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The NIBSS announced this in a circular to banks on December 5, 2023, with Ref: NIBSS/BD/NI/PO/005/051223. The inclusion of non-deposit-taking financial institutions as beneficiaries, according to...
The Nigerian National Petroleum Company (NNPC) Limited and the Chinese company Wison Heavy Industry Co. Ltd have inked a memorandum of understanding (MoU) for the development...
Spain Tops Nigeria’s Export Destinations In Q3 China Dominates Nigeria’s Import Landscape In Q3 The National Bureau of Statistics (NBS) says Nigeria recorded a N3.5 trillion...
The Supreme Court has declared that until further notice, both old and new naira notes will be lawful cash. The Supreme Court extended the deadline to...
The governor of Anambra, Chukwuma Soludo, claims that President Bola Tinubu’s administration inherited a dead economy. Soludo made the remarks during a Channels Television interview on...
Festus Keyamo, minister of aviation and aerospace development, says Emirates Airline would shortly announce the exact date of their return to Nigerian flight operations. The minister...
The Petroleum Tanker Drivers (PTD) have threatened to leave the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), its umbrella body, if its present president,...
The Central Bank of Nigeria (CBN) has extended the validity of the old N200, N500 and N1,000 notes indefinitely. The apex bank’s Director, Corporate Communications, Isa...
The Central Bank of Nigeria (CBN) has said it is not withdrawing any of the banknotes it has issued thus all banknotes remain legal tender. This...
The naira has surged to N1,120 per dollar as the foreign exchange market reacted to news that the Central Bank of Nigeria started clearing part of...
