The federal government has promised to distribute funds to over 2 million of Nigerian households under the Conditional Cash Transfer (CCT) programme.
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EFCC speaks on certificate issued to CBEX operator, makes clarification
The Economic and Financial Crimes Commission (EFCC) has released a statement providing clarification to the certificate issued to ST Technologies operator of CBEX.
CBN moves to stabilise market as naira continues dip against dollar
While the official market appreciated, the naira declined on the parallel market, closing at 1,599.94/$ on Thursday after closing at 1,603.78/$ the previous week.
Naira sells above N1,600 per dollar in forex markets
The Central Bank of Nigeria has released the latest naira to dollar, euro, and other currency exchange rates in both the official and unofficial FX markets.
CBN to deploy mystery shoppers to monitor activities of Bureau de Change operators
CBN has announced plans to secretly monitor bureau de change (BDC) operators to ensure they follow rules against money laundering and terrorism financing.
CBEX Scam: SEC takes action against Ponzi scheme operators after Nigerians lost billions of naira
The SEC has responded to concerns surrounding CBEX, a platform at the centre of a major investment scam that has caused many Nigerians to lose billions of naira.
New exchange rate as naira crashes against US dollar in official market
The value of the Nigerian currency has appreciated against the United States Dollar in the official foreign exchange markets amid pressure from lower oil prices.
Access, UBA, Zenith, GTB, other banks to shut branches nationwide for 2 days, give reasons
Access Bank and other financial institutions will be closing their branches nationwide in compliance with the Federal Government’s Easter public holiday.
Naira recovers, closes strong against US dollar in official market
The value of Nigerian currency the naira has recorded a mixed performance, appreciating against the dollar and falling to the pound and euro in official market.
Former world’s richest man drops to 6th, Zuckerberg jumps to 3rd
The former richest man in the world has dropped further on the Forbes billionaires List, falling to 6th place, while Elon Musk retain his position as number one.
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