Business

CBN raises commercial banks’ capital base to N500bn

CBN raises commercial banks' capital base to N500bn The Central Bank of Nigeria (CBN) has increased the minimum capital requirements…

8 months ago

Tinubu orders creation of single-digit tax system

Tinubu orders creation of single-digit tax system President Bola Tinubu has directed a creation of a single-digit tax system with…

8 months ago

Naira gains further against dollar

Naira gains further against dollar The Naira rose further in the official market on Tuesday, trading at N1,382.95 to the…

8 months ago

CBN jacks up interest rate amid soaring inflation

CBN jacks up interest rate amid soaring inflation The Central Bank of Nigeria (CBN) on Tuesday raised the interest rate…

8 months ago

Law enforcement agencies investigating $2.4bn unverified forex claims – CBN

Law enforcement agencies investigating $2.4bn unverified forex claims - CBN The Central Bank of Nigeria (CBN) says law enforcement agencies…

8 months ago

CBN directs BDCs to sell dollars at N1,251/$1

CBN directs BDCs to sell dollars at N1,251/$1 The Central Bank of Nigeria (CBN) has sold dollars to Bureau De…

8 months ago

FRSC, sister agencies form JTF to arrest truck drivers conveying humans

FRSC, sister agencies form JTF to arrest truck drivers conveying humans The Federal Road Safety Corps (FRSC) has inaugurated a…

8 months ago

Naira can appreciate below ₦1,200/$ with CBN right policies – Rewane

Naira can appreciate below ₦1,200/$ with CBN right policies – Rewane The Managing Director of Financial Derivatives Company Limited, Bismarck…

8 months ago

1,104 entrepreneurs get $5,000 Tony Elumelu Foundation grant

1,104 entrepreneurs get $5,000 Tony Elumelu Foundation grant Tinubu celebrates UBA chairman @61 A total of 1,104 entrepreneurs will receive…

8 months ago

Naira appreciates by 1.5% against dollar

Naira appreciates by 1.5% against dollar The Naira experienced a slight appreciation at the official market, trading at N1,431.49 to…

8 months ago