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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Eight Hospitals, No Treatment: Aide Recounts Gospel Singer Toluwanisings’ Final Hours

…Personal assistant says singer was taken to seven or eight hospitals after suddenly collapsing in Ibadan Popular Nigerian gospel singer...
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2027 Election: Full List of 12 States Tinubu Plans to Visit for Campaign

…Kaduna to host opening rally October 24, Lagos grand finale January 9 The All Progressives Congress (APC) has outlined a...

Why We Released Man Who Allegedly Stole ₦130m Toyota Tundra in Lagos — Police

…Car dealer protests suspect’s release, claims ₦40m damage to vehicle The Lagos State Police Command has explained why it released...

Must read

Eight Hospitals, No Treatment: Aide Recounts Gospel Singer Toluwanisings’ Final Hours

…Personal assistant says singer was taken to seven or...

2027 Election: Full List of 12 States Tinubu Plans to Visit for Campaign

…Kaduna to host opening rally October 24, Lagos grand...