September 01, (THEWILL) - The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) and Other Financial institutions (OFIs), to conduct searches on their database for a Nigerian and four others, arrested over alleged involvement in currency...
One month after the Nigerian government liberalised the exchange rate on June 14, 2023, the Investors’ and Exporters’ FX (I and E) window recorded over $2.5 billion within one month of 21 trading days. This represents about 58...
February 16, (THEWILL) - President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) to intensify collaboration with anti-corruption agencies, in checking the activities of those bent on frustrating the smooth implementation of the currency re-design policy.
“I...
Faruku Musa Haruna and other farmers in Kumfada used to pool their money to buy plastic sheets, trapping enough water to irrigate small patches of land. They wanted to keep farming after the rains, but their ambitions depended on how much water they could save.