Economy

CBN Uncovers $2.4 Billion in Disputed Foreign Exchange Claims, Reports Cardoso

The Central Bank of Nigeria (CBN) has announced the discovery of $2.4 billion in foreign exchange (FX) backlog claims that have been deemed invalid...

Lagos State Government Prepares to Disburse N750m Trader Money in February- Commissioner

    The Commissioner for Agriculture, Ms Abisola Olusanya, has announced that the long-awaited disbursement of the pledged N750 million Lagos Trader Money to benefit 15,000...

National Grid Plunges into Total Blackout, Leaving the Nation Powerless

The nation was thrown into darkness on Sunday, Feb 3rd, 2024 as the national grid collapsed, resulting in a complete blackout across the country....

EFCC Recovers Billions in Funds Allegedly Looted from Humanitarian Ministry

  The Economic and Financial Crimes Commission (EFCC) has reportedly made significant strides in recovering funds that were allegedly looted from the Ministry of Humanitarian...

CBN Provides Clarification on $30 Billion Domiciliary Account Deposits

  The Central Bank of Nigeria (CBN) has officially clarified that it has no intention to convert $30 billion worth of domiciliary deposits into the...

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