Category: News

Russia suspends participation in Ukraine grain deal

Moscow on Saturday suspended its participation in a landmark agreement that allowed vital grain exports...

New naira: CBN doesn’t need your approval, Moghalu knocks finance minister

A former Deputy Governor of the Central Bank of Nigeria, Kingsley Moghalu, on Saturday told...

New naira: We followed due process, says CBN

  The Central Bank of Nigeria has insisted that it followed due process with their...

CBN didn’t consult FG on new naira notes – Minister

The Federal Government has stated that is had prior knowledge about the Central Bank of...

Moghalu backs CBN to redesign naira notes

Former Deputy Governor of the Central Bank of Nigeria, Kingsley Moghalu, has expressed support for...

Game store halts operations in Nigeria

Popular South African giant discount retail company, Game, has announced it’s exiting Nigeria by December...

Naira falls N777 against dollar after CBN announcement

The Naira reportedly crashed to N775 against the dollar a few days after the Central...

Nigeria imported wheat, ethanol, others worth $626m from US – Report

Nigeria imported wheat, ethanol and other products worth $626.59 million from the United States of...

Naira drops marginally against dollar, exchanges at N441.67

The Naira depreciated by 0.07 per cent on Tuesday, trading for 441.67 Naira to 1...

eNaira records N8bn worth transaction – CBN

The Central Bank of Nigeria has recorded 700,000 eNaira transactions worth N8bn in the last...

54gene appoints interim CEO as co-founder Ene-Obong resigns

The Co-founder and Chief Executive officer of leading genomics startup 54gene, Abasi Ene-Obong, has stepped...

Why Islamic bank approved $1.8bn for Nigerian projects

The Islamic Development Bank has revealed why the institution approved the sum of $1.8bn for...