BREAKING: President Tinubu Proposes N47.9trn As 2025 Budget
The Federal Government of Nigeria has proposed a total budget expenditure of N47.9 trillion for the 2025 fiscal year. This was announced by Atiku Bagudu,...
JUST IN: Any Transactions Above N500,000 Can Get You Into Trouble – Police Warns POS Operators
The Delta State Police Command’s spokesperson, SP Edafe Bright, has issued a warning to Point of Sale (POS) operators regarding transactions exceeding N500,000. He cautioned...
Naira Falls To N1,645 Per Dollar Despite Central Bank’s Retail Dutch Auction System
In the past week, the Nigerian Naira experienced significant depreciation in both the parallel and official foreign exchange markets, losing N30 and N28.48, respectively. This...
JUST IN: Tinubu Removed Fuel Subsidy Because It Was Costing The Government N400Bn Every Month – Finance Minister, Wale Edun
The Minister of Finance and Coordinating Minister of the Economy Wale Edun says fuel subsidy was costing the country N400bn monthly. President Bola Tinubu...
JUST IN: CBN Governor, Cardoso Orders Foreign Remittances To Be Paid In Naira
International Money Transfer Operators and banks in the country have halted the payment of dollars to their customers. Some banks on Friday informed their customers...
New Central Bank Governor, Cardoso, Orders Removal Of 2.5% Spread On FX Transactions, Reintroduces ‘Willing Buyer, Willing Seller’ Policy
The Central Bank of Nigeria has removed the spread it placed on foreign exchange transactions barely seven months after it reintroduced the “Willing Buyer and...
BREAKING: Binance To Pay $4.3bn Fines In US, Founder To Step Down Over Money Laundering Scandal – Report
The world’s biggest cryptocurrency exchange Binance is expected to pay fines totaling $4.3 billion and its chief is planning to step down, a US media...
BREAKING: Falana Asks FG To Prosecute Emefiele, CBN Management Over Naira Scarcity
Human rights lawyer Femi Falana (SAN) has asked the Federal Government to prosecute the suspended Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele,...
JUST IN: What You Should Know About Yemi Cardoso, The New CBN Governor
President Bola Tinubu on Friday approved the nomination of Dr. Olayemi Michael Cardoso as the new Governor of the Central Bank of Nigeria for a...
BREAKING NEWS: Tinubu Nominates Yemi Cardoso As CBN Governor, Pens Four New Names For Deputies
President Bola Tinubu has nominated Olayemi Cardoso as the new Governor of the Central Bank of Nigeria (CBN). This is according to a statement from...