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The local government areas across the country are set to begin receiving direct financial allocations from the Federation Account. Following this development, the Association of Local...
The Central Bank of Nigeria recently issued a directive to Bureau de Change operators, stipulating that each BDC has been allocated $10,000 at an exchange rate...
International Money Transfer Operators (IMTOs) are now enforcing the Central Bank of Nigeria’s (CBN) directive to cease dollar transfers to Nigerians. The CBN’s recent guidelines restrict...
Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has urged Nigerians to curb their reliance on the US Dollar and foreign goods to restore the Naira’s...
As of October 12, 2023, the Central Bank of Nigeria (CBN) lifted foreign exchange restrictions on 43 items. Here is the full list of these items:...
The president of Nigeria, president Bola Tinubu has approved the nomination of Dr. Olayemi Michael Cardoso to serve as the new Governor of the Central Bank...
Abia State Governor, Dr Alex Otti, OFR, says the State Government would soon set up a commission on the Ease of Doing Business. The Governor...
