Business

Each BDC operator to get $20,000 daily from CBN at N1,301/$

Each BDC operator to get $20,000 daily from CBN at N1,301/$   The Central Bank of Nigeria (CBN) says it…

10 months ago

Shettima launches Light-Up Nigeria in Enugu, 188MW Aba power plant

Shettima launches Light-Up Nigeria in Enugu, 188MW Aba power plant Vice-President Kashim Shettima has inaugurated the 188-megawatt geometric power plant…

10 months ago

Naira appreciates by 5.22% as intra-day high records N1778/$1

Naira appreciates by 5.22% as intra-day high records N1778/$1 The Naira experienced a notable appreciation against the US dollar on…

10 months ago

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…

10 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)…

10 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…

10 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…

10 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…

10 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…

10 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…

10 months ago