The Central Bank of Nigeria (CBN) says it is doing everything possible to achieve a stable foreign exchange (FX) rate. Yemi Cardoso, CBN governor, spoke on April 20 during a
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Wale Edun, minister of finance and coordinating minister of the economy, says swift economic reforms are key to recovering from post-COVID-19 effects. Edun disclosed this during a press conference at
The federal government says it is considering the issuance of a diaspora bond to boost remittances. Wale Edun, the minister of finance and coordinating minister of the economy, disclosed this
The Central Bank of Nigeria (CBN) says it has collaborated with International Money Transfer Operators (IMTOs) to collectively commit to doubling remittance flows through formal channels into Nigeria. IMTOs accept
Access Holdings has received shareholders’ approval to raise $1.5 billion from the local and international capital markets amid its recapitalisation
Vice-President Kashim Shettima says President Bola Tinubu ended petrol subsidy and multiple exchange rates in the official market because they
The World Bank Group says new financial instruments designed to boost lending capacity and enable it to take on more
A coalition of ten multilateral development banks (MDBs) has launched a new co-financing platform to enable them to channel additional
Cross River state government has dismissed as untrue a survey report by the National Bureau of Statistics (NBS) that it
The federal government has launched a Nigerian multilingual large language model (LLM). LLM is used to handle and respond to
