The Nigerian Communications Commission (NCC) on Wednesday announced that foreign direct investment (FDI) and local investment in the nation’s telecommunications sector reached 75.6 billion dollars as of 2021. The Executive…
The Naira on Monday appreciated against the dollar, exchanging at N741.50 at the investors and exporters window. The Naira gained by 3.61 per cent when compared with N769.25 for which…
The Naira on Friday dropped against the dollar, exchanging at N769.25 at the investors and exporters window. The Naira depreciated by 0.82 per cent when compared with N763 for which…
Naira on Thursday depreciated against the dollar at the Investors and Exporters window, exchanging N469.50 to dollar. The local currency showed a 1.04 per cent decrease when compared with N464.67…
A Federal High Court, Abuja, on Tuesday, ordered Godwin Emefiele, Governor of Central Bank of Nigeria (CBN), to appear before it on July 19 over a 53 million dollar-judgment debt…
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, says an efficient national judicial system helps to strengthen confidence in the economy. Emefiele said this on Wednesday…
The Central Bank of Nigeria (CBN) says no plans to phase out the redesigned Naira notes from circulation. CBN’s Acting Director, Corporate Communications Department, Isa AbdulMumin, made this known in…
The Central Bank of Nigeria (CBN), on Monday, said that the old N200, N500 and N1,000 banknotes remain legal tender till Dec. 31. According to a statement by Isa AbdulMumin,…
Governor Rotimi Akeredolu of Ondo State on Thursday decried the rejection of old naira notes by traders and business owners in the state. Akeredolu in a statewide broadcast in Akure,…
The All Progressives Congress (APC) has called on the Attorney General of the Federation and the Governor of the Central Bank of Nigeria (CBN) to respect the Supreme Court order…