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Buhari Backpedals, Exempts NNPC, PHCN, 11 Others From Treasury Single Account

The President Muhammadu Buhar-led Federal Government may have had a rethink about its decision to have a Treasury Single Account (TSA) for all Federal...

The 19 States That have Benefited From FG’s Bailout Funds [FULL DETAILS]

The Central Bank of Nigeria (CBN) on Friday, September 19, 2015 availed that 19 states have so far benefited from the workers’ salary bailout...

Naira Depreciates Despite CBN Intervention

The naira yesterday could not sustain the gains recorded on Wednesday, as it depreciated against the US dollar in the parallel market, closing at N222...

Why CBN Banned Cash Deposits Into Domiciliary Accounts

Nigeria's apex bank, on Wednesday, Aughust 5, 2015 officially banned cash deposits into domiciliary accounts across the country. This was contained in a circular issued...

CBN Launches Investigation Into Naira Depreciation In Parallel Market

The rate at which the naira has dropped against the dollar in recent times has prompted the Central Bank of Nigeria, CBN, to launch...

Naira Depreciates, Now Valued At As N230 Per $1

The Nigerian currency, Naira, has depreciated in the parallel market, follwing the worsening of Naira on Wednesday, July 1, 2015 as it lost N4...

CBN Extends Deadline For BVN Registration, See New Date

Nigeria's apex bank has extended the deadline for the Bank Verification Number, BVN, registration exercise across the country from Tuesday, June 30, 2015 to...

N480 Billion Loan: Gov. Aregbesola, PDP Trade Words Over Osun Debt Profile

Governor Rauf Aregbesola of Osun Sate has called out Senator Iyola Omisore of the Peoples Democratic Party (PDP), over the N480 billion figure the...

Why States Cannot Pay Workers’ Salary – CBN

The Central Bank of Nigeria (CBN) has given an insight into the reason why the states who have been unable to pay workers' salaries...

N8 Billion Scam: Court Refuses Bail For Bankers

A Federal High Court sitting in Ibadan on Monday, June 14, 2015 presided over by Justice Ayo Emmanuel has refused to grant bail to...

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