Monday, February 24, 2025

In Focus

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,...

How drones bridge vaccination gap in rural Cross River

The use of drones is bridging vaccination gap in rural Cross River state, local officials say. Augustine Okutu, the community health officer in Ijiraga Community...

Nigeria’s severe economic hardship sees first street protest in 2024

Hundreds of residents in Niger state poured onto the streets of Minna on Monday, voicing their anger and frustration over the skyrocketing cost of...

Punch pulls report on CBN converting dollars in domiciliary accounts to naira

Nigerian newspaper Punch has pulled down a report it published on Saturday, suggesting the Central Bank of Nigeria (CBN) planned to convert $30 billion...

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...

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