Naira Weakens to 410/Dollar The naira weakened to 410 per dollar against the United States currency on Tuesday, down from 405/dollar recorded on Monday. This was...
BDCs Seek FX Rate Review, Increased Allocation The Association of Bureaux de Change Operators of Nigeria (ABCON) has called on the Central Bank of Nigeria (CBN)...
Currency Speculators’ll Lose Money, ABCON Warns BDCs The Association of Bureau De Change Operators of Nigeria has told its members they will lose money if they...
FG to Recapitalise Agric Bank With N3tn The Federal Government will recapitalise the Bank of Agriculture to the tune of N3tn in order to enable farmers...
CBN Opens Special Forex Window for SMEs The Central Bank of Nigeria on Monday said it had opened a special foreign exchange window for the Small...
Dollar Purchases Raise Interbank Rate to 14.5% The nation’s overnight lending rate has risen by 2.5 percentage points after the Central Bank of Nigeria debited bank...
CBN to Sustain Forex Intervention, Releases Fresh $418m The Central Bank of Nigeria on Sunday vowed to sustain its intervention in the foreign exchange market to...
NPDC Owes Federation $5.531bn, N72.435bn, Says NEITI The Nigerian Petroleum Development Company owes the federation the sum of $5.531bn and N72.435bn, the Nigeria Extractive Industries Transparency...
New Lottery Scheme’ll Fetch FG N50bn Annually – NLRC The Federal Government is set to earn around N50bn annually from a new lottery scheme called NaijaBillionaire....
CBN Releases $100m, Naira Rises to 397/$ The Central Bank of Nigeria on Thursday offered $100m in currency forwards, to be settled within 60 days, currency...
