Battered Naira may settle at N1450 per dollar by December so says Fitch Ratings
International credit rating agency, Fitch Ratings, has projected that the Nigerian currency, the naira, will end the year at 1,450
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CBN
Nigerian external reserves depleted by $1.8 billion dollars in 10 weeks according to ÇBN Report
Nigeria’s foreign exchange reserves have fallen by $1.8bn in 10 weeks, according to data from the Central Bank of Nigeria.
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Nigeria’s productivity level cannot support N400k minimum wage to workers… I recommend N100k—-Kingsley Moghalu, Ex ÇBN Deputy Governor
Kingsley Moghalu, a former deputy governor of the Central Bank of Nigeria (CBN), says Nigeria’s level of productivity cannot support
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Nigerians furious & disappointed as Tinubu’s government borrows N20.1 trillion in less than one year
The federal government borrowed N20.1 trillion from domestic investors in the first year of President Bola Tinubu’s administration, representing year-on-year
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CBN revokes Heritage Bank’s license over inability to improve financial performance
Agenda Papers reports that the Central Bank of Nigeria (CBN) has revoked the banking license of Heritage Bank. The CBN,
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Federal government rejects NLC N494,000 minimum wage demand & says it’s capable of destabilising the economy
The Federal.Government has explained why it rejected labour union’s new proposal of a N494,000 minimum wage. Minister of Information and
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House of Representatives to probe CBN reforms & sack of over 600 staff by Yemi Cardoso
The House of Representatives on Wednesday unveiled plans to investigate the retrenchment of about 600 staff of the Central Bank
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Again, Lagos court orders forfeiture of $1.4 million dollars linked to former ÇBN governor Emefiele
A Federal High Court sitting in Lagos has again ordered the interim forfeiture of the sum of $1.4m linked to
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ÇBN sacks another 200 staff after sacking 117 in April in the face of unemployment & economic hardship
After sacking about 117 staff between March 15 and April 11, 2024, the Central Bank of Nigeria has sacked another
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Former CBN governor Emefiele to forfeit $4.7m, N830m, mansions, others over corrupt enrichment
A Federal High Court in Ikoyi, Lagos, has ordered the interim forfeiture of $4,719,054, N830,875,611, and several property linked to
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