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Monetary policy reforms will check inflationary tide, FX distortions – CBN
The Central Bank of Nigeria (CBN) claims its current reforms will control increasing inflation and eliminate anomalies in the…
JUST IN: CBN raises Monetary Policy Rate to 22.75%
Nigeria's Central Bank has lifted the monetary policy rate (MPR) by 400 basis points to a record 22.75%.
CBN begins sales of dollars to BDCs
The Central Bank of Nigeria has announced its decision to sell foreign exchange worth $20,000 to each eligible Bureau De Change…
Police apprehend nine illegal Bureau de change operators in Kano
The Nigeria Police have arrested nine suspected illegal Bureau de Change Operators in Kano for alleged trading in foreign…
FG to revive 46 abandoned housing projects nationwide
The Federal Mortgage Bank of Nigeria has initiated a rehabilitation process to revive about 46 abandoned housing projects…
Tinubu holds key meeting with business leaders
Pesident Tinubu convened a significant meeting at the presidential Villa, engaging in discussions with prominent figures from…
Qatar makes U-turn, says investment forum will hold during Tinubu’s visit
Qatar has made a U-turn on its decision not to host the business and investment forum proposed by President Bola Tinubu during his…
Lagos, Ogun, Kano others top Nigeria’s internet users [Full List]
The National Bureau of Statistics has listed the top ten states with the most internet users in the country.
According to the…
CBN set to increase BDC minimum share capital to N2 billion for Tier 1…
The Central Bank of Nigeria (CBN) is mulling an increase in the share capital of Bureau De Change (BDC) operators to N2 billion…
Active voice subscriptions in Nigeria reached 224.7 million in Q4 2023 –…
The National Bureau of Statistics (NBS) has revealed that active subscriptions for voice telecommunications services in Nigeria…