Cost-of-living crisis: Civil servants slam Tinubu’s govt over delayed salary
Civil servants have accused President Bola Tinubu-led administration of being insensitive to workers’ plights over the failure of the government to pay their salaries...
Why seizing dollars in domiciliary accounts would harm Nigeria
The Central Bank of Nigeria on Saturday denied a report that the federal government was considering seizing foreign exchange deposits in Nigerians’ domiciliary accounts,...
Forex backlog audit reveals irregularities of $2.4 billion, says CBN
The Central Bank of Nigeria (CBN) disclosed on Monday that a forensic audit of the $7 billion overdue foreign exchange transactions, which the bank...
Naira’s fall continues as CBN releases another $500 million for forex backlog
The Central Bank of Nigeria (CBN) says it has released $500 million to various sectors in its effort to address the backlog of foreign...
Naira tumbles to new low as dollar scarcity persists
The naira plunged to a new record low on Thursday, inching closer to the unofficial parallel market rate as chronic dollar shortages continue to...