Vice-President Yemi Osinbajo has called on the Central Bank of Nigeria to devalue the naira to reflect the reality of the market. Speaking at the midterm...
Babajide Sanwo-Olu, governor of Lagos state, says there is need for a new revenue sharing formula that is fair and equitable, reflecting the contribution of stakeholders...
The Central Bank of Nigeria yesterday announced the postponement of the planned unveiling of the digital currency, eNaira. The launch was initially scheduled for today, October...
ENaira Payment Solutions Limited, a company, has instituted a suit before a federal high court against the Central Bank of Nigeria over the name “eNaira.” The...
The official website of the upcoming Central Bank of Nigeria’s (CBN) digital currency, the eNaira, has gone live, exactly one week to the planned launch of...
The Chinese government has intensified its crackdown on cryptocurrencies by declaring that all crypto-related transactions are “illegal”. Yesterday, Bitcoin fell by 5.49 percent to about $42,000,...
Cui Jianchun, Chinese ambassador to Nigeria, says there are ongoing talks with Chinese-owned banks to establish operations in Nigeria. Jianchum said the move would boost Nigeria’s...
Nigerians have taken to social media platforms to react after a POS stand was spotted on the premises of a popular bank. In a short video...
Nigeria’s local currency, Naira, faced severe pressures last week, forcing it to a record depreciation against the US Dollar in both the parallel market and Investors...
The Stanbic IBTC Scholarship Programme has been held for the second year running and is geared towards encouraging hard work and academic excellence amongst Nigerian undergraduates....