The National Pension Commission (PenCom) announced that as of the end of the third quarter of 2023, the number of Retirement Savings Accounts (RSAs) under its...
What is the Dollar to Naira exchange rate at the parallel market, known as the black market (Abokifx) today? As of October 11th, 2023, the dollar...
In an effort to address Nigeria’s persistent foreign exchange liquidity crisis, Nairagram, a licensed International Money Transfer Operator, has announced a partnership with the Central Bank...
Dr. Tunde Lemo, a former Deputy Governor of the Central Bank of Nigeria, cautioned against the hasty implementation of a free-floating exchange rate for the Naira....
The Association of Senior Staff of Banks, Insurance, and Financial Institutions (ASSBIFI) has issued a dire warning to Heritage Bank Plc., sparking a potential labor dispute...
In the first half of 2023, Nigeria resorted to foreign borrowing, securing a total of $1.21 billion in loans to bolster capital importation. A recent report...
Nigeria’s external reserves have experienced a significant decline of $841.75 million between July and September 2023, according to data from the Central Bank of Nigeria (CBN)....
The National Broadcasting Commission (NBC) has issued a stern final warning to Arise Television, a prominent news outlet, over the consistent use of derogatory and incendiary...
Nigeria’s insurance sector reported a surge in premium income to N551.4 billion in the second quarter of 2023, according to data recently published by the National...
In a concerning trend, state governments in Nigeria have resorted to borrowing approximately N46.17 billion from commercial banks to meet their salary obligations in the first...
