Tag: Central Bank of Nigeria

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The Central Bank of Nigeria has stated that there are no intentions to carry out a redenomination of the Naira

The Central Bank of Nigeria has officially stated that there are no intentions to redenominate or restructure the naira notes in 2024. This declaration was...

Nigerian citizens allocated $340.84 million in foreign exchange for educational expenses over the span of six months, as reported by the Central Bank of...

Nigerians seeking admission to foreign universities spent a substantial $340.84 million on their applications between January and June 2023, as reported by the Central...

Exploration: Should the Central Bank of Nigeria Oversee Banks’ Foreign Exchange Profit Oversight?

The recent directive issued by the Central Bank of Nigeria (CBN) regarding the treatment of banks' foreign exchange (FX) revaluation gains has triggered a...

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Diana Childs: The Rising Multi-Talented Defining Nollywood’s Next Chapter

In celebration of Africa’s film industry standouts, Ranks Africa...

Senate Approves Repeal and Re-Enactment of 2022 Electoral Act After Division on Electronic Transmission

The Senate has approved the repeal and re-enactment of...

President Bola Ahmed Tinubu Calls for the Establishment of an Africa-Owned Credit Rating Agency

President Bola Ahmed Tinubu has called for the establishment...

Nigerian Drone Startup Terrahaptix Secures $22 Million Led by Lux Capital in Major Funding Boost

Nigeria’s fast-rising drone and defence technology startup Terrahaptix Inc....

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