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CBN Governor Olayemi Cardoso. The Central Bank of Nigeria on Wednesday said it has cleared the $7 billion outstanding foreign exchange obligations while the country’s external reserves have increased to a significant $34.11 billion. This is contained in a statement issued by CBN’s Acting Director of Corporate Communications, Mrs. Hakama …

The State Police Command spokesperson, Benjamin Hundeyin made this known via a post on X, adding that four people behind the fake factory business were also arrested and some of their fake products were recovered by the force. The Nigeria Police Force has raided an illegal factory producing fake alcoholic …

The former lawmaker said this in an interview with Arise News, in which she blamed rich Nigerians for preferring to spend huge amounts of money on parties to rendering help to their neighbours in need. Nigerian First Lady, Senator Remi Tinubu has berated rich citizens in the country for showing …

This week, the Cable News Network (CNN) magazine program African Voices Playmakers, sponsored by Globacom, honours the exceptional talent of Stonebwoy, an Afropop and reggae musician from Ghana. In an open interview with CNN’s Larry Madowo, the 36-year-old, whose true name is Livingstone Etse Satekla, confidently refers to himself as the …

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has unveiled an enhanced version of its mobile app, optimized specifically for businesses. The updated app offers a range of new features designed to streamline and simplify digital banking for business owners. The enhanced mobile app for businesses provides a comprehensive …

By Bolaji Israel “Like a fine wine, FirstBank has only improved with age, becoming more dynamic, innovative and trusted by the nation. This is a testament to the diligence and devotion of the many great leaders who have steered the bank to success. Under the leadership of the current Chief …

Nigerians trading on the Binance platform may soon be guests of the Economic and Financial Crimes Commission (EFCC). On Monday, the Federal High Court in Abuja ordered Binance Holdings Limited to provide the EFCC with detailed information on all persons from Nigeria trading on its platform. The move follows a …

Zenith Bank Plc has announced the appointment of Dame (Dr.) Adaora Umeoji, OON, as Group Managing Director/Chief Executive with effect from June 1, 2024, subject to approval by the Central Bank of Nigeria (CBN). She takes over from Dr. Ebenezer Onyeagwu, whose five-year term expires on May 31, 2024, after …

MoneyMaster Payment Service Bank (MMPSB) a leading digital bank licensed by the Central Bank of Nigeria and promoted by Globacom is celebrating this year’s edition of the Global Money Week scheduled from March 18 to 24, 2024.   In commemoration of the 2024 celebration themed – “Protect Your Money, Secure …

As Nigeria grapples with staggering inflation rates, reaching a distressing 31.7%, Nigerian Association of Social and Resourceful Editors, NASRE, stress that Lagos State emerges as a beacon of hope with its innovative approach to tackle the dire economic situation. In response to the escalating cost of living, Lagos has pioneered …