According to reports, some Nigerians have discovered that OPay accounts were opened in their names without prior registration
Browsing: ECONOMY
Nigeria’s National Economic Council (NEC) has assured that the $3 billion emergency loan secured by the Nigerian National Petroleum Company (NNPC) Limited in August, would be used to stabilize the Naira.
The Special Adviser to the President on Economic Affairs, Dr Tope Fasua, has called for a structural reform of Nigeria’s foreign exchange market.
The Senate has confirmed the nomination of Olayemi Cardoso as substantive Governor of the Central Bank of Nigeria (CBN).
Nigeria’s leading commercial banks suffered loan losses estimated at a combined $1 billion in the first half of 2023.
President Bola Tinubu has approved the nomination of Dr. Olayemi Michael Cardoso to serve as the new Governor of the Central Bank of Nigeria (CBN), for a term of five (5) years at the first instance, pending his confirmation by the Nigerian Senate.
The Department of State Services (DSS) has arrested and detained the Central Bank of Nigeria (CBN) deputy governor in charge of Financial System Stability, Aisha Ahmad.
Some financial experts have charged operators in the insurance and pension industries to adopt more creative and innovative ways in their business approaches.
The Nigeria Deposit Insurance Corporation (NDIC) alerts Nigerians that promoters of Ponzi Schemes and scammers, who promise stunning profits for investors, are aggravating poverty in the country. They do this by luring, trapping Nigerians and swindling them of huge amounts of money.
The Central Bank of Nigeria (CBN) will, in a few weeks, inject $10 billion into the foreign exchange (FOREX) market to clear its backlog as scarcity persists.