CBN to Resume Dollar sales to BDCs Next Week The Central Bank of Nigeria (CBN) will resume sales of dollar proceeds of international money transfer (IMT)...
FG Seeks Licence From CBN for Development Bank The Federal Government has applied to the Central Bank of Nigeria for the issuance of an operational licence...
CBN Recertifies 3,147 BDCs, 71 Finance Houses The Central Bank of Nigeria (CBN), yesterday, said that it has recertified 3,147 bureaux de change (BDCs) operators and...
Central Bank: We Won’t Devalue Naira The Central Bank of Nigeria on Thursday reaffirmed its commitment to the foreign exchange market. According to the Governor of...
FG, States Budget N5.6tr For Salaries, Overheads The federal and 36 state governments will spend half of their N13.5 trillion total budgets for the year on...
NSE to List Med-view Airline Shares The Nigerian Stock Exchange (NSE), barring any unforeseen circumstance, will on Jan. 31 list the shares of Med-View Airline Plc...
Index Appreciates by 1.25% as 20 Stocks Gain The Nigerian equities market closed on a positive note on Monday as 20 stocks gained, boosting the Nigerian...
Naira Drops to 493 as Dollar Demand Rises The naira fell further against the United States dollar at the parallel market on Friday to 493, from...
NNPC Commissions Audit of Refineries The processes and processing units of Nigeria’s three refineries in Kaduna, Port Harcourt and Warri are currently being audited by licensors....
Naira May Reverse Loss This Week The naira is seen strengthening in the near term as Bureau De Change operators expect dollar supplies from international money...