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CBN orders banks to sell $150,000 to BDCs weekly to boost FX liquidity
The Central Bank of Nigeria (CBN) has directed dealer banks to sell $150,000 weekly to licensed Bureau de Change (BDC) operators from the Nigerian...
Nigeria paid $163bn in debt service, needs stronger domestic revenue — Edun
Finance Minister and Coordinating Minister of the Economy, Wale Edun, on Tuesday, stressed the urgent need for Nigeria to reduce reliance on borrowing and...
NiMet warns of early rains, advises farmers to hold off on planting
The Nigerian Meteorological Agency (NiMet) has forecast early rainfall across several states of the federation, cautioning farmers against rushing into planting as the full...
Naira Redesign: EFCC witness links cash scarcity to banks’ hoarding in Emefiele case
Proceedings in the trial of former Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, resumed on Tuesday before the High Court of the...
DSS warns against plots to destabilise Nigeria
The Department of State Services (DSS) on Tuesday issued a stern warning against individuals and groups attempting to exploit Nigeria’s political climate for destabilisation.In...
Senate makes U-turn, okays e-transmission of election results
The Senate on Tuesday rescinded its earlier decision on Clause 60(3) of the Electoral Act relating to electronic transmission of election results.The Senate on...
NiMet warns of early rains, advises farmers to hold off on...
The Nigerian Meteorological Agency (NiMet) has forecast early rainfall across several states of the federation, cautioning farmers against rushing into planting as the full...
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