A Federal Capital Territory High Court sitting in Maitama, Abuja on Thursday gave the Department of States Services (DSS) seven days within which to charge the suspended Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, to court or release him from detention.
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The Taraba state government has begun negotiations with a consortium of six Nigerian banks to secure a facility worth N150 billion for projects.
The Nigeria Deposit Insurance Corporation (NDIC) has advised students to embrace financial savings, budgeting habits and develop financial discipline at all times for a productive and better living.
The House of Representatives has directed the Central Bank of Nigeria (CBN) to stop its directive on the addition of social media handles as part of the `Know Your Customer’ (KYC) requirement for bank customers.
The Board of Directors of the African Development Bank (AfDB), has approved a loan of $115 million to support a major road rehabilitation project in Abia State, Nigeria.
Bloomberg on Tuesday, declared the President of Dangote Group, Aliko Dangote as the richest man in Africa, despite the volatility of Nigerian currency against the dollar.
Equity trading on the Nigerian Exchange Limited (NGX) concluded the first half of the year on a positive note, with the NGX All-Share Index gaining 18.9% and closing at 60,968.27 index points.
The Nigeria Data Protection Commission (NDPC) says it engaging the Central Bank of Nigeria (CBN) on its new directives to commercial banks to collect their customers’ social media handles.
According to the DMO report, between January and March, 2023, while Nigeria spent N874.13 billion servicing domestic debt, the country also spent $801.36 million (N368.87 billion) servicing external debt, bringing the total amount spent on debt serving in the period to N1.24 trillion.
The Central Bank of Nigeria (CBN) has limited the daily cumulative and single contactless payments, made through bank accounts or digital wallets to ₦50,000 and ₦15,000, respectively.