News
Nigeria: Naira Records 10% Surge Amidst Adequate Forex Liquidity
The official exchange rate witnessed a notable upswing in favor of the Nigerian naira on Monday, marking a significant 10% gain, as reported ...
News
Nigerian Economic Society Seeks Enhanced Collaboration with CBN for Development
The Nigerian Economic Society (NES) has expressed its intention to strengthen collaboration with the Central Bank of Nigeria (CBN) in two crucial areas ...
News
Nigeria: NCC Expresses Support for Meta’s 2Africa Cable Landing in Nigeria
The Nigerian Communications Commission (NCC), the regulatory authority for the telecoms industry, has affirmed its full support for Meta’s initiative to land the ...
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Nigeria Initiates Loan and Grant Disbursement for SMEs
The federal government of Nigeria has officially launched two palliative programs, namely the Presidential Conditional Grant Programme and the Presidential Palliative Loan Programme, ...
News
Nigeria: Minister Highlights President Tinubu’s Fiscal Responsibility in 2024 Budget Submission
The Minister of Information and National Orientation, Alhaji Mohammed Idris, has lauded President Bola Tinubu’s commitment to fiscal responsibility, citing the recently submitted ...
Nigeria
Nigeria: SEC and Market Stakeholders Advocate Increased Listing of Infrastructure Bonds by FG
The Securities and Exchange Commission (SEC) and various stakeholders in the capital market are urging the Federal Government to prioritize the listing of ...
Nigeria
Nigeria: FIRS Grants Full Waiver on Tax Penalties and Interests in Nigeria
The Federal Inland Revenue Service (FIRS) in Nigeria has announced the approval of a complete waiver on penalties and interests for all outstanding ...
Nigeria
Nigeria: CBN Issues New Guidelines for BVN and NIN Integration; What Customers and Banks Need to Know
The Central Bank of Nigeria (CBN) has introduced new operational guidelines for deposit money banks (DMBs) aimed at enhancing the proper profiling of ...
Nigeria
Nigeria: CBN Sets March 1, 2024 Deadline for BVN-NIN Linkage, Imposes Restrictions on Non-Compliant Accounts
The Central Bank of Nigeria (CBN) has issued a directive stating that as of March 1, 2024, all accounts lacking both the Bank ...
Nigeria
Nigeria Eliminates Deadline for Submission of Old Banknotes
In October 2022, the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, unveiled plans to redesign and introduce a new ...
