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CBN
Nigeria’s Export Processing Zones Authority (NEPZA) says it has attracted the sum of $346.6 million in Foreign Direct Investments (FDI) from 2020 to the first quarter of 2023 through the free trade zones scheme.
Airtel Africa welcomes the changes to the Nigerian foreign exchange market, which it believes will help to alleviate the challenges faced in recent years to access US dollars.
Dangote Group Chairman Aliko Dangote's wealth has fallen by $4.12 billion since the CBN liberalized the naira and unified exchange rates.
Tinubu has officially inaugurated his administration's first National Economic Council, coinciding with the Central Bank of Nigeria's announcement of the unification of the forex market, merging all segments into a single window.
The Central Bank of Nigeria (CBN) in an official statement has announced the unification of all segments of the forex market collapsing all windows into one.
Floating the naira would lead to increased exchange rate volatility, potentially impacting inflation and external debt obligations.
A former Senior Special Assistant to the immediate past Vice President, Laolu Akande, has expressed support for the suspension and investigation of the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele.
DSS has concluded plans to approach the court on Tuesday to obtain an order to keep the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, in its custody for as long as his interrogation will last.
Godwin Emefiele's nine-year tenure as the Governor of the Central Bank of Nigeria (CBN) has been marked by controversial policies and skepticism.
The Federal Competition and Consumer Protection Commission (FCCPC) has released conditions for loan apps that have been deleted from the Google Play store to get registered by the Commission.
President Bola Ahmed Tinubu suspended the Central Bank Governor, Mr Godwin Emefiele, from office with immediate effect on Friday, June 9th 2023.
Financial experts believe that the suspension of CBN Governor Godwin Emefiele will stabilize the capital market and foreign exchange market.