News

The next few months will be critical in the formation of the gas aggregator, the company to be formed by South Africa’s largest gas consumers, as a way to avert the “gas cliff.” The goal of the gas ...
In the War Room, a carbon-14 test on a wooden dowel pulled from 60 feet deep in RP2 revealed a 44% chance it dates back to 1744, just a year before the Money Pit’s recorded discovery.
As of March 2024, the financial inclusion rate in Nigeria is targeted to reach 95% by the end of the year, as part of the Central Bank of Nigeria’s ongoing strategy. However, recent reports ...
According to the CBN, in 2023, the country posted a deficit of $3.34 billion. The previous year, it was $3.32 billion. The central bank said the 2024 surplus reflected the results of key economic ...
The wide range of reforms initiated by the Central Bank of Nigeria (CBN) is yielding positive results, with the Federal government recording a $6.83 billion balance of payments surplus in 2024. This ...
The Central Bank of Nigeria (CBN) has announced that personal remittances into the country have soared to an impressive $20.93 billion in 2024. This surge in diaspora contributions represents a ...
Petroleum Imports Fall by 23.2% To $14.06bn, Non-Oil imports Drop 12.6% The Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of $6.83bn for the 2024 financial year, ...
The recent ABS-CBN Ball was a moment of spring awakening for the media giant’s A-list celebrities, up-and-coming names, and special guests. However, notable individuals such as Liza Soberano ...
MANILA, Philippines — Kapuso star Heart Evangelista and Kapamilya star Angelica Panganiban reunited at the ABS-CBN Ball 2025. Heart reshared a video on her Instagram Story showing her and ...
The Central Bank of Nigeria (CBN) defended the naira against the dollar by selling $197.71 million to authorised foreign exchange dealers in the country’s official FX market. The latest ...
A statement signed by the Director, Financial Markets Department of the Central Bank of Nigeria (CBN), Dr Omolara Omotunde Duke, noted the recent movement in the foreign exchange market.
Nigeria relies on crude oil exports for 90% of its foreign exchange. In a swift move, the Central Bank of Nigeria (CBN) in a circular on Sunday said it has facilitated market activity on Friday ...