Naira appreciates by 1.5% against dollar
The Naira experienced a slight appreciation at the official market, trading at N1,431.49 to a dollar on Friday. Data from the official trading […]
The Naira experienced a slight appreciation at the official market, trading at N1,431.49 to a dollar on Friday. Data from the official trading […]
The Senate Joint Committee on Defence, Army, Navy and Air Force on Wednesday in Abuja met with the Service Chiefs over the killing of […]
The Central Bank of Nigeria (CBN) has announced that all valid foreign exchange backlogs of s$7 billion have now been settled, fulfilling a key […]
Senate has urged its ad-hoc committee to ensure thorough investigation of the N30 trillion “Ways and Means” disbursed by Central Bank of Nigeria(CBN)during administration […]
By MBAFAN ADE, Abuja – The Central Bank of Nigeria (CBN) has urged all Microfinance Banks (MfBs) to ensure prompt rendition of statutory monthly returns […]
The Central Bank of Nigeria (CBN) has reported a significant increase in foreign exchange inflow into the economy in February. Acting Director, Corporate […]
Cryptocurrency exchange Binance has ended its naira services, the company said on Tuesday. It listed the timeline, asking users to take needed action. […]
Many Nigerians are now spending long hours in banks, seeking to link their National Identification Number (NIN) to their bank accounts. The development is sequel […]
A former President of Association of National Accountants of Nigeria (ANAN), Dr Samuel Nzekweccn, has commended the Central Bank of Nigeria (CBN) for revoking […]
The Central Bank of Nigeria (CBN) has successfully concluded the sale of government securities following the issuance of N1.053 trillion (680 million dollars) in […]
By MBAFAN ADE, Abuja – The Central Bank of Nigeria (CBN), has announced revocation of operational licences of 4,173 Bureau De Change (BDCs) operators […]
The Attorney-General of the Federation (AGF), Mr Lateef Fagbemi and Minister of Finance, Mr Wale Edun have denied knowledge of contract entered by the […]
The Central Bank of Nigeria (CBN) has said the on-going reforms will check rising inflationary trend and address distortions in the foreign exchange market […]
Transactions on the stock market closed negative on Tuesday for the secondary day, depreciating further by 1.38 per cent and in reaction to the […]
The Central Bank of Nigeria (CBN) on Tuesday approved allocation of 20,000 dollars to all eligible Bureau De Change (BDC) operators across the country […]
The Central Bank of Nigeria (CBN has mandated foreign exchange sellers to Bureau De Change (BDC) of the equivalent of 10,000 dollars and above […]
The Federal Government says it will go after economy saboteurs that are truncating its efforts in providing dividends of democracy and making life better […]
By MBAFAN ADE, Abuja – The Central Bank of Nigeria (CBN), has reviewed the formula for fixing foreign exchange rates for Customs duty on […]
The Federal Government has expressed determination to raise at least 10 billion dollars to increase foreign exchange (forex) liquidity to stabilise the Naira and grow […]
In a concerted effort to safeguard Nigeria’s foreign exchange market and combat speculative activities, the Office of the National Security Adviser (ONSA) and the […]