CBN Infuses N700 Billion to Support Unity Bank and Providus Bank Merger
The package consists of a 20-year term loan specifically designed to support…
Nigeria Aims for 200% Subscription with $500 Million Dollar-Denominated Bond Sale
The Federal Government of Nigeria has initiated its Series I Domestic USD…
Crypto Market Sees Over $1 Billion in Liquidations Amid Market Crash
The cryptocurrency market is experiencing significant turmoil, with a strong bearish sentiment…
Central Bank to Reintroduce Retail Dutch Auction System (rDAS) to Address Forex Shortage
The Central Bank of Nigeria (CBN) has announced its plan to implement…
Nigeria’s Exchange Rate Drops 6.43% in July Despite CBN’s Foreign Exchange Interventions
This decline marks the naira's weakest performance in four months, with exchange…
World’s Richest Suffer $134 Billion Loss Amid Market Turmoil
Jeff Bezos's net worth plummeted by $15.2 billion on Friday, contributing to…
CBN Pledges Support for $1 Trillion Economy Target Through Recapitalisation
These initiatives include addressing institutional deficiencies, restoring corporate governance, strengthening regulations, and…
US Embassy in Nigeria Transitions to New Visa Service Provider
This transition to a new visa services provider aims to streamline and…
BREAKING: CBN Increases Interest Rate to 27.65%
The Central Bank of Nigeria's Monetary Policy Committee (MPC) has announced a…
Purchase me, Dangote Announces Plan to Sell Refinery to NNPC
Dangote expressed his willingness to transfer ownership of the refinery in response…