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Nigeria floats US$3bn dual-tranche bond
The Federal Government on Monday announced that it has priced its offering of US$3 billion aggregate principal amount of dual series notes under its...
Senate approves $1b Eurobond sale to fund budget deficit
Federal lawmakers have approved the executive’s request to sell a $1 billion Eurobond to help Nigeria finance its budget deficit, Senate spokesman, Aliyu Sabi...
Group backs FG, CBN to revive economy
A coalition of civil society groups, under the auspices of Vanguard for Social Justice (VSJ), has supported the policies of the Central Bank of...
Wife of CBN governor rescued from kidnappers
Margaret, wife of the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been rescued from her abductors.
She was kidnapped alongside her...
IMF hails Nigeria’s decision to end currency peg
The International Monetary Fund (IMF) said on Thursday it welcomed the decision by the Central Bank of Nigeria (CBN) to abandon its currency peg...
Finally, CBN abolishes official rate for embattled naira
The Central Bank of Nigeria (CBN) Wednesday announced that it will allow the naira exchange rate to be market-driven, setting the stage for a...
CBN set to weaken the naira, warns of imminent recession
The Central Bank of Nigeria (CBN) on Tuesday abandoned its naira peg to the dollar in favour of a flexible currency regime, a policy...
Aisha Buhari threatens action against PDP over forex trading allegation
Wife of the President, Hajia Aisha Buhari, has advised those she accused of trying to malign her that they will be dealt with according...
PDP continues Twitter campaign against Garba Shehu despite litigation threat
The Peoples Democratic Party (PDP) Saturday ignored threat by Senior Special Assistant to the President on Media and Publicity, Garba Shehu, to sue the...
More states get Buhari’s lifeline as NEC meets in Abuja
States of the federation have started benefiting from the Special Intervention Fund aspect of the presidential relief package earlier approved by President Muhammadu Buhari.
This...