A consortium of Nigerian banks is rushing to develop new cryptocurrency following the lifting of the ban by the CBN on digital assets in Nigeria and its new rules.
The Central Bank of Nigeria (CBN) governor, Olayemi Cardoso has said the the apex bank will embark on naira mop and set new FX rules to strengthen the naira.
The Nigerian government and the Kingdom of Saudi Arabia are about to sign a refinery deal to fix four of Nigeria's ailing refineries in Rivers, Delta, and Kaduna.