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The Central Bank of Nigeria (CBN) said Friday’s decision to peg the exchange rate of the Naira at N380 to the dollar is not a devaluation of the Nigerian currency.
The House of Representatives has resolved to investigate the Anchor Borrowers’ Scheme(ABS) of Central Bank of Nigeria (CBN) over non-recovery of N81.5 billion from companies.
As parts of efforts to contain the effects of the coronavirus on the nation’s economy, the Nigerian government on Wednesday announced plans to halt recruitment exercises in the public service.
The House of Representatives has resolved to investigate the Central Bank of Nigeria and the Federal Inland Revenue Service over alleged racketeering in the allocation of foreign exchange to companies.
The Police in Jigawa have arrested a 33-year-old man over alleged possession of fake currency in Kazaure Local Government Area of the state.
At a time when the global economy is slowing and trade wars are raging, currency volatility is a critical way companies are losing ground to their competitors.
Eight West African countries Saturday agreed to change the name of their common currency to Eco and severed the CFA franc’s links to former colonial ruler France.
The Nath Boys product is ranked number 53 among all the players in the Premier League, has a global ranking of 131, fourth most valuable Leicester City player, 10th most valuable defensive midfielder in the world and ranked number 16 among all players born in 1996.
U.S. President Donald Trump said Tuesday a new trade agreement with China might have to wait until after the November 2020 presidential election, with Washington and Beijing stymied in reaching a negotiated end to their two-year trade and tariff conflict.
The Central Bank of Nigeria injected about $25.68bn to stabilise the nation’s currency in the foreign exchange market between January and August this year.
China is scouring the world for meat to replace the millions of pigs killed by African Swine Fever (ASF), boosting prices, business and profits for European and South American meatpackers as it re-shapes global markets for pork, beef and chicken.
Senate President Ahmad Lawan has assured that the bill to amend the Nigeria Deposit Insurance Corporation (NDIC) Act will receive an accelerated hearing to ensure efficiency in the banking system.
The Central Bank of Nigeria on Wednesday said a total of 119,663 pieces of counterfeit notes with a nominal value of N98.82m was recorded in 2018.
President Emmerson Mnangagwa has acknowledged the economic hardships Zimbabweans are suffering and pleaded for patience to allow his government to fix the country's rapidly deteriorating economy.
Speaker Femi Gbajabiamila on Monday insisted the Chinese doctors coming to help in the fight against COVID-19 must first be quarantined for 14 days and comply with all relevant laws in the country.
New York Governor, Andrew Cuomo, on Monday said that fines for violating social distancing guidelines would be increased from $500 to $1,000.
The Federal Government has declared Friday, April 10 and Monday, April 13 as public holidays to mark the 2020 Easter Celebration.
The COVID-19 Fund Raising Committee constituted by governor Abdullahi Umar Ganduje of Kano state submitted its interim report on Monday, saying it had raised almost N400m.
The United Nations Mine Action Service (UNMAS) has received a donation of $236, 363 from the Government of Japan to support the UNMAS Nigeria in providing critical life-saving humanitarian assistance to civilians and humanitarian actors in the Northeast.
It’s one of the most ambitious and sweeping sports documentaries ever made and it’s coming to DStv.
Mohammed Adamu, the Inspector General of Police (IGP), has cautioned police personnel deployed for the enforcement of the lockdown and social restriction orders against human rights abuse.
UN Secretary-General António Guterres has decried a “horrifying global surge in domestic violence” against women and girls amid the coronavirus (COVID-19) pandemic.
The National Agency for Food and Drug Administration and Control (NAFDAC) on Monday alerted Nigerians on the circulation of fake chloroquine phosphate 250mg tablets.
Manchester City midfielder Kevin De Bruyne has suggested cancelling the 2019/20 Premier League season.