The Central Bank of Nigeria, CBN, has discovered widespread abuse and serious non compliance with the country’s foreign exchange market regulations. In a statement issued...
…Says EFCC only visited and not raided head office The Management of Dangote Industries Limited has doused the concerns of stakeholders following the visit to its...
The operatives of the Economic and Financial Crimes Commission (EFCC) are currently conducting a search operation at the Lagos head office of the Dangote Group. Confirming...
The Central Bank of Nigeria, CBN, has announced that cash withdrawals from accounts formed for virtual and digital asset transactions will be prohibited. Withdrawals from these...
By Sadiq Ilyas Nigeria’s currency, the Naira, has experienced a marked decline in value following the government’s decision to introduce a flexible exchange rate during President...
By Sadiq Ilyas Dambatta The Central Bank of Nigeria (CBN) has recently made a significant announcement that marks a turning point in the country’s trade policies....
The Central Bank of Nigeria (CBN) has lifted foreign exchange restriction on importers of rice, cement and 41 other items placed on ban since 2015. Dr....