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CBN Revokes Licences for 110 Microfinance Banks and 3 Primary Mortgage Banks
Nigeria CBN Revokes Licences for 110 Microfinance Banks and 3 Primary Mortgage Banks
Nigeria News
1 min read
In the aftermath of the Central Bank of Nigeria's (CBN) recent revocation of licences from 110 microfinance banks (MFBs) and three primary...
CBN Orders Staff to Disclose Family Ties and Political Links Amidst Ongoing Investigative Probe
Nigeria CBN Orders Staff to Disclose Family Ties and Political Links Amidst Ongoing Investigative Probe
Nigeria News
1 min read
The Central Bank of Nigeria (CBN) has issued a directive compelling its staff to declare close relatives employed by the bank and disclose...
Subscribers Rejoice as MTN Network Glitch Sparks Debt Cancellation
Nigeria Subscribers Rejoice as MTN Network Glitch Sparks Debt Cancellation
Nigeria News
2 min read
A technical glitch within MTN Nigeria's system has led to the sudden vanishing act of outstanding debts on the accounts of subscribers who had...
EIU Report: Nigeria's Official Exchange Rate Set to Surge to N1,068/$ by 2025
Nigeria EIU Report: Nigeria's Official Exchange Rate Set to Surge to N1,068/$ by 2025
Nigeria News
1 min read
A recent report by the Economist Intelligence Unit (EIU) forecasts a substantial devaluation of Nigeria's official exchange rate to N1,068.3 per...
Naira Faces Sharp Depreciation, Closes at N996/$ at NAFEM
Nigeria Naira Faces Sharp Depreciation, Closes at N996/$ at NAFEM
Nigeria News
1 min read
Nigerian Naira experienced a sharp depreciation of 13.95 percent, closing at N996 per dollar at the Nigerian Autonomous Foreign Exchange Market...
Minister Bosun Tijani Defends Data Costs in Nigeria
Nigeria Minister Bosun Tijani Defends Data Costs in Nigeria
Nigeria News
1 min read
Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, asserts that despite public complaints, the cost of data in Nigeria...
Nigeria's Oil Exports Take a Hit in Asia Due to Russia-Ukraine Crisis
Nigeria Nigeria's Oil Exports Take a Hit in Asia Due to Russia-Ukraine Crisis
Nigerian Bulletin
2 min read
Image by Gerhard Traschütz from Pixabay The geopolitical upheaval triggered by the Russia-Ukraine crisis has profoundly impacted global energy...
Naira Exchange Rate Plummets to N1,135/$ in Parallel Market, Raising Economic Alarms
Nigeria Naira Exchange Rate Plummets to N1,135/$ in Parallel Market, Raising Economic Alarms
Nigeria News
1 min read
The Nigerian Naira faced a significant challenge in the foreign exchange market as it depreciated to N1,135 per US dollar on Wednesday at the...
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