Finance & Banking

Disagreement between CBN and international airlines regarding a $700 million fund in limbo

The Central Bank of Nigeria and foreign airlines operating in the country are at odds regarding the total amount of unpaid ticket revenue. The CBN...

1,500 staff members redeployed from the CBN have commenced work at the Lagos office

Over 1,500 Central Bank of Nigeria staff members are set to resume at the Lagos office this Friday after being redeployed from the headquarters. Despite...

The Naira hits a historic low on the official exchange window, trading at 1348 against the US dollar

The Nigerian naira experienced a significant decline, hitting an unprecedented low of N1348.63/$ on the Nigerian Autonomous Foreign Exchange Market this Monday. This marks a...

Sanusi supports the Central Bank of Nigeria in its decision to relocate departments

The ex-Emir of Kano, Sanusi Lamido, strongly supports the Central Bank of Nigeria's decision to relocate certain departments from Abuja to Lagos, deeming it...

The FG anticipates generating a revenue of N19.4tn in 2024

The Nigerian government has established a tax revenue goal of N19.4tn for 2024, following the Federal Inland Revenue Service's successful collection of N12.37tn in...

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