Naira Faces Fresh Pressure as Parallel Market Rates Weaken Despite Official FX Stability
The Nigerian Naira began the week under renewed pressure in the unofficial foreign exchange market, commonly referred to as the black or parallel market. On...
CBN Makes Social Media Handle Mandatory KYC Requirements For Bank Customers
The Central Bank of Nigeria (CBN) has issued its Customer Due Diligence Regulations 2023, which apply to financial firms that fall within its regulatory...
Buhari Set To Unveil Nigeria’s Digital Currency Monday
President Muhammadu Buhari is scheduled to formally unveil the Nigerian Central Bank Digital Currency (CBDC), known as the eNaira, on Monday 25 October 2021, at...
“Nigeria’s Eight-month Debt Service Bill Rises To $2.86bn” – CBN
Nigeria spent a total of $2.86bn servicing external debt in the first eight months of 2025, according to the international payment data from the...
Bakers Set To Raise Prices Of Bread Again, Say Cost Of Production Increasing
Bakers, under the aegis of the Premium BreadMakers Association of Nigeria, have warned of yet another hike in prices of bread due to the skyrocketing cost of baking materials. President of the association, Emmanuel Onuorah, disclosed this to The PUNC...
FG Set To Increase Trade Relations With Iran
The Federal Government has called for deepening of trade relations between Nigeria and the Islamic Republic of Iran as Iran considers direct shipping and...
NELFUND Approves Student Loan Disbursement
The Nigerian Education Loan Fund (NELFUND) has approved student loan disbursement to successful applicants. NELFUND held its inaugural board meeting on Wednesday, marking a milestone...
Stock Market Slides As Profit-Taking Hits Blue Chip Companies
After the sustained rally recorded in the previous weeks of May 2026, profit-taking by investors last week have taken toll on the Nigerian stock...
ANAN Set To Establish Polytechnic In Keffi
The Association of National Accountants of Nigeria, ANAN has concluded plans to establish a Polytechnic in Keffi, Nasarawa state as part of efforts to...
Adopt Zimbabwe’s Style To Curb Inflation, Obasanjo Urges FG
Former President Olusegun Obasanjo has advised the Federal Government to adopt the Zimbabwean model to weather the current storm of galloping inflation. He made the...
