Tag:CBN

Remittances: Nigeria Nears $1bn Monthly Target as July Inflows Hit Record $947m

Nigeria’s remittance inflows through formal channels have surged to a record $947 million in July 2026, bringing the country within touching distance of the...

Nigeria Returns to FTSE Frontier Market After Three-Year Exit

Nigeria has returned to the global investment radar after FTSE Russell approved the country’s reclassification from “Unclassified” to “Frontier Market” status, nearly three years...

Elumelu: Oil Theft Losses Fell From 97% to 2% Since 2023

LAGOS — Billionaire businessman and investor Tony Elumelu says oil production losses to theft on assets linked to his operations have fallen sharply, from...

Nigeria Inflation Falls to 15.43% as Food Prices Keep Rising

Nigeria’s headline inflation rate eased to 15.43 per cent in July 2026, extending the recent moderation in price pressures, even as rising food prices...

SEC Wins NASS Praise Over Revenue Boost, Cost-Cutting Drive

  The National Assembly has applauded the Securities and Exchange Commission (SEC) for strengthening its financial position through aggressive cost-cutting measures and improved revenue generation,...

Showdown! Senate Threatens CBN, NNPCL Bosses, 40 Others With Arrest

The Senate on Thursday declared a major showdown with the Central Bank of Nigeria (CBN), the Nigerian National Petroleum Company Limited (NNPCL) and about...

Senate Clears Yuguda As AMCON Chairman, Charges Him To Rescue Nigeria’s Financial System

  The Senate on Thursday confirmed Mr. Lamido Yuguda Abubakar as Chairman of the Board of the Asset Management Corporation of Nigeria (AMCON), charging him...

CBN wins Central Bank of the Year as Cardoso dedicates award to staff, reforms

Abuja/London – Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has formally received the Central Bank of the Year Award, dedicating the...

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Fake OPay Shutdown Notice: Police Arrest 27-Year-Old Woman

  The Nigeria Police Force National Cybercrime Centre has arrested a 27-year-old woman, Hafsat Abubakar, over the alleged creation and...
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Gas-Laden Bus Crashes Into 3 Vehicles, Sparks Panic in Ilorin

  Panic erupted among motorists and residents along Ibrahim Taiwo Road, Ilorin, Kwara State, on Wednesday after a gas-laden Toyota...

2027: G100 Consensus Move Good, But NDC Focused on Victory — Dickson

The National Leader of the Nigeria Democratic Congress (NDC), Senator Seriake Dickson, has welcomed the G100 Alliance’s efforts to...

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Fake OPay Shutdown Notice: Police Arrest 27-Year-Old Woman

  The Nigeria Police Force National Cybercrime Centre has arrested...

Gas-Laden Bus Crashes Into 3 Vehicles, Sparks Panic in Ilorin

  Panic erupted among motorists and residents along Ibrahim Taiwo...