Tag:Central Bank of Nigeria

Why CBN Disqualified 41.65 Million Shares in Access Holdings’ Rights Issue

The Central Bank of Nigeria (CBN) has disqualified 41.65 million shares, valued at N822.60 million, from Access Holdings Plc’s recently concluded rights issue. According to...

Expert faults Cardoso, CBN over hike in interest rate

Mr Daniel Akeju, an advisor and treasury manager has faulted the Central Bank of Nigeria (CBN) recent increase in the Monetary Policy Rate (MPR)...

UBA, Zenith Bank, 2 others delay in filing 2023 results

Four banks have disclosed that they will delay the filing of their audited results for 2023. The United Bank for Africa, Zenith Bank, Stanbic IBTC...

Naira appreciates by 1.5% against dollar, now N1,431.49/$

The Naira experienced a slight appreciation at the official market, trading at N1,431.49 to a dollar on Friday. Data from the official trading platform of...

Naira appreciates against dollar, now N1450/$

The naira, on Wednesday, appreciated to N1,450 per dollar at the parallel section of the foreign exchange (FX) market. The currency appreciated from N1,600 recorded...

MPR: Obaseki blasts CBN, warns of tougher times ahead

The Edo State Governor, Mr. Godwin Obaseki, has predicted tougher economic times for the country due to bad economic policies by the Federal Government,...

Senate to probe Buhari, Emefiele over N30tn CBN loans

The Senate on Tuesday resolved to probe how the N30tn Ways and Means loans of the Central Bank of Nigeria was obtained and spent...

Infracorp secures 1 Gigawatt solar PV Manufacturing plant in Nigeria

The Nigerian government has taken a significant step towards addressing the country's power challenges by signing a historic memorandum of understanding (M.O.U.) to launch...

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Shocking! Warri Catholic Priest in secret wedding in US

A Catholic priest from the Warri Diocese, Rev. Fr. Daniel Okanatotor Oghenerukevwe, has reportedly tied the knot in a...
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Global Oil Price Hikes: We are committed to Shielding Nigerians from Soaring Fuel Costs – Dangote Refinery

Dangote Petroleum Refinery has taken significant steps to protect Nigerian consumers from the impact of rising global crude oil...

TikTok restores as Trump wants 50% U.S. ownership

U.S. President-elect Donald Trump on Sunday told his supporters that he wants Chinese-owned short-form video app TikTok to be...

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Shocking! Warri Catholic Priest in secret wedding in US

A Catholic priest from the Warri Diocese, Rev. Fr....

Global Oil Price Hikes: We are committed to Shielding Nigerians from Soaring Fuel Costs – Dangote Refinery

Dangote Petroleum Refinery has taken significant steps to protect...