Business

Naira stays above N1600 bandwidth at unofficial market as MPC meeting kicks off

Naira stays above N1600 bandwidth at unofficial market as MPC meeting kicks off The naira, week on week, posted some…

9 months ago

CBN plans to bar BDCs from street trading, limits cash forex purchase to $500

CBN plans to bar BDCs from street trading, limits cash forex purchase to $500 The Central Bank of Nigeria (CBN)…

9 months ago

CBN introduces stricter measures for BDCs, imposes N2bn licence fee

CBN introduces stricter measures for BDCs, imposes N2bn licence fee Amidst the ongoing forex crisis in Nigeria, the Central Bank…

9 months ago

CBN to Customs: Adopt official forex rate for import duty

CBN to Customs: Adopt official forex rate for import duty The Central Bank of Nigeria has told the Nigeria Custom…

9 months ago

Naira sells N1,770/$ at parallel market, 1,665/$ official window

Naira sells N1,770/$ at parallel market, 1,665/$ official window  Naira on Friday closed at N1,770 against the US dollar at…

9 months ago

Forex reforms: FG says naira already stabilizing, will go after saboteurs undermining the currency

Forex reforms: FG says naira already stabilizing, will go after saboteurs undermining the currency The Federal Government has insisted that…

9 months ago

BREAKING: Naira strengthens by 7.43% to N1750 against dollar at the black market

BREAKING: Naira strengthens by 7.43% to N1750 against dollar at the black market The Naira witnessed a notable surge on…

9 months ago

CBN sells another N1.58 trillion in Treasury Bills, interest rate at 19% for 364-day bill

CBN sells another N1.58 trillion in Treasury Bills, interest rate at 19% for 364-day bill The Central Bank of Nigeria…

9 months ago

Demand pressures: Official exchange rate settles at N1571.31/$1 as intra-day hits N1851/$1

Demand pressures: Official exchange rate settles at N1571.31/$1 as intra-day hits N1851/$1  The official exchange rate experienced a notable decline of…

9 months ago

Senate confirms Cardoso, 11 others as MPC members

Senate confirms Cardoso, 11 others as MPC members Governor of the Central Bank of Nigeria, Mr. Olayemi Cardodso, and 11…

9 months ago