We may adjust cash withdrawal limits, policy won’t be reversed –...
Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), has admitted that the recently implemented cash withdrawal policy could be tweaked.
Emefiele also claimed...
NERC explains condition for purchase of transformers, meters, others by electricity...
The National Electricity Regulatory Commission (NERC) has clarified the terms under which electricity customers can purchase transformers, meters, poles, or any other assets for...
CBN reduces over-the-counter withdrawals to N100k, N500k per week for individuals,...
The Central Bank of Nigeria (CBN) has announced a new policy that mandates deposit money banks and other financial institutions to ensure that over-the-counter cash withdrawals...
FG says NIN compulsory for business registration
Nigerians will be unable to register businesses unless they have a National Identification Number (NIN), according to the federal government.
This was revealed by the...
After sponsoring BBNaija, Nigerian crypto Exchange Quidax lays 25% of its...
Quidax, a Nigerian cryptocurrency exchange, has laid off at least 20 employees, accounting for 25% of its workforce.
This comes just a few months after...
NGX closes positive with market cap up N710 billion
The Nigerian Exchange Limited (NGX) closed today's trading session with a market capitalization gain of N710 billion, as bulls maintained their grip on the...
CBN tells Nigerians diaspora: we would not wait for you to...
The Central Bank of Nigeria (CBN) has stated that it will not wait for Nigerians in the diaspora to return their Naira.
This was revealed...
JUST IN: CBN to reduce the volume of N500, N1000 in...
The Central Bank of Nigeria (CBNGovernor, )'s Godwin Emefiele, stated that the apex bank intends to gradually reduce the volume of N500 and N1000...
JUST IN: President Buhari to launch new naira note on Wednesday...
Godwin Emefiele, the governor of Nigeria's central bank, has announced that President Buhari will introduce new naira notes on November 23rd, 2022.
This is well...
JUST IN: : CBN goes harder on inflation, raises MPR to...
The Central Bank of Nigeria (CBN) Monetary Policy Committee voted to raise the benchmark interest rate (MPR) by 100 basis points to 16.5%, the...