Osita Nwanisobi

  The prevailing shortfalls in the Nigerian foreign exchange market are hard-hitting on the manufacturing industry which derives most of its raw materials and spare parts needed for operations from outside the country.   While other…

Total customer deposits in 11 Nigerian banks rose to N41.18 trillion at the end of the first quarter of this year from N39.48 trillion in December 2021, their unaudited financial statements have shown. The increase represents 4.31 per…

A fire incident has been reported at the Makurdi branch of the Central Bank of Nigeria (CBN) in Benue State. Eyewitnesses say a portion of the Bank went up in flames in the early hours of Thursday. having noticed the fire at the back…

The Central Bank of Nigeria has placed a ban on all regulated financial institutions from providing services to crypto exchanges in the country. The prohibition was contained in a circular issued by the CBN on Friday. According to the…

The Central Bank of Nigeria's Senior Open Tennis Championship will serve off on Friday, November 6, at the Tennis Complex of the Moshood Abiola National Stadium, Abuja. The 42nd edition of the tournament will gulp N14 million as winners…

The Central Bank of Nigeria (CBN) has debunked the hacking reports of its website on social media. A group known as Anonymous had alleged it launched cyber attacks on the CBN's website and those of other government…

The Central Bank of Nigeria (CBN) has advised business owners and Nigerian youth to disregard any video or text message proposing fraudulent loans and investment schemes on social media. The CBN, in a statement issued by its…