Nigeria’s banknote shortage: Central Bank seeks to quell anger before presidential election
The Central Bank of Nigeria (CBN) on Thursday announced the distribution of new banknotes at bank counters to reduce massive queues in front of ATMs, […]
Godwin Emefiele
Nigeria’s Buhari asks ministers with political ambition to resign
As Nigeria’s February 2023 presidential election approaches, the number of candidates to succeed Muhammadu Buhari is increasing. Tunde Bakare, a popular Pentecostal minister, and Godwin […]
Nigeria Central Bank Takes over Board of Skye Bank
The Central Bank of Nigeria (CBN) has taken over a local bank, Skye Bank, citing ‘‘persistent failure of the bank to meet minimum thresholds in […]
Nigeria: Dangote Group lost $3.7 billion on Monday
Aliko Dangote, Africa’s richest person, fell 25 places on the Bloomberg Billionaires Index on Monday as the naira fell on its first day of trading […]
Nigeria: The central bank increases foreign-currency curbs
The central Bank of Nigeria (CBN) has curbed access to the interbank currency market for the purchase of foreign currency bonds as well as a […]