The Central Bank of Nigeria (CBN) has the Nigerian economy has maintained a positive growth trajectory for nine consecutive quarters, since exiting recession in 2020. The CBN Governor, Mr Godwin Emefiele, said... Read more »

Since Miriam Olusanya emerged as the Managing Director of Guaranty Trust Bank Limited (GTBank Ltd) in July 2021 under controversial circumstances, Akelicious learnt that the once-leading bank has continued to go deeper... Read more »

The National Bureau of Statistics (NBS) says Nigeria’s total merchandise trade stood at N11,722.44 billion in the fourth quarter of 2022. This is according to the NBS Foreign Trade in Goods Statistics... Read more »

The Central Bank of Nigeria said that both old and new notes are now legal tender. The Acting Director of Corporate Communications CBN, Dr Isa Abdulmumin disclosed this on Tuesday. He affirmed... Read more »

The Lagos State-owned oil and gas corporation says it has received certifications in quality management systems, occupational health and safety management systems, and environmental management systems. According to a statement by IBILE... Read more »

The Chartered Institute of Bankers of Nigeria on Friday said it was liaising with the Body of Banks’ Chief Executive Officers to address the current challenges occasioned redesign of the N1,000, N500,... Read more »

The Independent Petroleum Marketers at the tank farm in the Ijegun Egba Satelite area of Lagos have started selling petrol at N172 per litre. This was part of the Federal Government’s directive... Read more »

The Nigerian Security Printing and Minting Company (NSPMC) Plc has the capacity to produce the required indent of the Naira notes, the Central Bank of Nigeria (CBN), has said. The apex bank’s... Read more »

The Central Bank of Nigeria, on Thursday, admitted that the ongoing scarcity associated with the naira redesign and cash withdrawal policy was not anticipated. This came amid numerous protests and attacks on banks... Read more »