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Moghalu Criticizes Artificial Exchange Rates, Calls for Realistic Economic Policies
Nigeria Moghalu Criticizes Artificial Exchange Rates, Calls for Realistic Economic Policies
Nigeria News
1 min read
Former deputy governor of the Central Bank of Nigeria, Kingsley Moghalu, criticized the notion of aiming for a Naira to Dollar exchange rate of...
CBN Exposes Financial Strain: 31 States Default on N339.9bn Loans
Nigeria CBN Exposes Financial Strain: 31 States Default on N339.9bn Loans
Nigeria News
2 min read
The Central Bank of Nigeria (CBN) has revealed that as of September 2023, thirty-one state governments collectively owe a staggering sum of N339.9...
New Regulation Requires Bank Customers to Present 3-Year Tax Clearance for Dollar Purchases Starting April 1
Nigeria New Regulation Requires Bank Customers to Present 3-Year Tax Clearance for Dollar Purchases Starting April 1
Nigeria News
1 min read
Nigerian banks have implemented a new requirement for customers seeking forex transactions through Form A, demanding the submission of the last...
Banking Breakthrough: 10 Women Leading the Charge in Nigeria's Financial Sector"
Nigeria Banking Breakthrough: 10 Women Leading the Charge in Nigeria's Financial Sector"
Nigeria News
2 min read
As March unfolds with global celebrations of women's contributions across various domains, it's imperative to highlight the remarkable...
Naira Strengthens Significantly, Hits N1,382/$ Amid Forex Stability Efforts
Nigeria Naira Strengthens Significantly, Hits N1,382/$ Amid Forex Stability Efforts
Nigeria News
1 min read
The Central Bank of Nigeria's recent interventions have spurred a remarkable recovery for the Naira, with the currency appreciating to N1,382.35/$...
Amazon Founder Jeff Bezos Emerges as World's Richest Person, Surpassing Bernard Arnault
Nigeria Amazon Founder Jeff Bezos Emerges as World's Richest Person, Surpassing Bernard Arnault
Nigeria News
1 min read
Image Credit Jeff Bezos, the pioneering founder of Amazon, has eclipsed Bernard Arnault to claim the coveted title of the world's wealthiest...
Meta's New Initiative: Nigerian Creators to Monetize Instagram Content Starting June 2024
Nigeria Meta's New Initiative: Nigerian Creators to Monetize Instagram Content Starting June 2024
Nigeria News
1 min read
Meta, the parent company of Instagram, announced plans to introduce a new feature on the social media platform in June 2024, enabling Nigerian...
FBN Holdings Restructures Board with Otedola at the Helm, Appoints Five Directors
Nigeria FBN Holdings Restructures Board with Otedola at the Helm, Appoints Five Directors
Nigeria News
1 min read
FBN Holdings undergoes a significant leadership transition as billionaire Femi Otedola assumes the Chairman role, accompanied by appointing five...
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