Nigeria, Egypt sign MoU to promote trade
The Federal Competition and Consumer Protection Commission and the Egyptian Competition Authority on Thursday signed a Memorandum of Understanding to…
Nigeria’s External reserves fell by $64m in January
External reserves fell by $63.62m in January, figures obtained from the Central Bank of Nigeria (CBN) have revealed. The CBN…
CBN directs banks to pay new naira notes over the counter
The Central Bank of Nigeria (CBN) has directed commercial banks to begin the payment of the new naira notes to…
LCCI laments negative impact of naira redesign on businesses
The Lagos Chamber of Commerce & Industry (LCCI) has lamented the negative impact of the naira redesign on businesses. Speaking,…
Bank of Nevis International Becomes First Caribbean Bank to Launch Tookitaki Anti-Money Laundering Tech
Bank of Nevis International Ltd. (BONI) (www.BONILtd.com), a leading provider of holistic wealth management and portfolio management services for clients…
Emefiele finally appears before Reps over new naira
The Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, has finally appeared before the House of Representatives which…
Nigeria’s Eurobonds fall after Moody’s downgrade
Nigeria’s Eurobonds fell on Monday after Moody’s, the international rating agency, downgraded the country’s long-term foreign currency and local-currency issuer…
IMF reviews Nigeria’s growth upwards to 3.2%
The International Monetary Fund (IMF) in its latest World Economic Outlook update for January, released last night, has reviewed upwards…
New Naira notes’ hoarding: CBN threatens to go into banks’ strong rooms
The Central Bank of Nigeria, CBN, has threatened to go into strong rooms of commercial banks to ascertain possible hoarding…
Scarcity of new naira notes is a threat to national security, says HURIWA
Human Rights Writers Association of Nigeria, (HURIWA), on Monday, said that the prevailing severe scarcity of newly introduced Naira notes…