Umar Danbatta, the executive vice-chairman of the Nigerian Communications Commission (NCC), says the N120 billion unstructured supplementary service data (USSD) debt owed to telecommunication firms by banks, significantly affects financial
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Emma Deko, director of the Integrated Personnel Payroll and Information System (IPPIS), says the non-remittance of workers’ contributions to the National Housing Fund (NHF) is due to the “shortage of
The Central Bank of Nigeria (CBN) says its bilateral currency swap agreement with China was renewed after the expiration of the deal in 2021. The apex bank released the details
The Central Bank of Nigeria (CBN) says the recent estimate of the country’s foreign exchange (FX) reserves by JP Morgan was presented “out of context”. Hassan Mahmud, director of monetary
The naira, on Wednesday, depreciated by 0.35 percent to close at N773.4/$ at the investors and exporters (I&E) window. Data
The Central Bank of Nigeria (CBN) says currency issue expenses gulped N96.46 billion in 2022. This is contained in the
As I like to say, Nigeria is on autoreplay; what happened 10 years ago also happened four years ago, and
JP Morgan, an American multinational financial services firm, estimates that Nigeria’s net foreign exchange (FX) reserves fell to $3.7 billion
Here are the seven top business stories you need to track this week — August 21 to August 25. INAUGURATION
The Central Bank of Nigeria (CBN) has released fresh operational mechanisms for the sale of forex by Bureau De Change
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