The Central Bank of Nigeria has warned Nigeria and other West African nations regarding trends in borrowing practices. Traditionally, nations often relied on loans from the...
No fewer than 40 million telephone lines were barred by telecommunication operators over the weekend following the expiration of the February 28, 2024 deadline issued by...
Efforts by the Federal Government to curb the rising inflation will lead to N5 trillion cash mop up from the banking industry as the Central Bank...
CBN has revealed the major reason why the apex bank revoked 4,173 Bureau De Change operators’ licences. Naijablitznews.com reports that the Central Bank of Nigeria (CBN)...
Binance, a cryptocurrency giant, has refuted the Nigerian government’s claims that they are negotiating to pay a $10 billion fine. A Binance official stated it had...
The Central Bank of Nigeria (CBN) has revoked the operational licenses of 4,173 Bureau De Change (BDC) Operators. The bank’s Acting Director of Corporate Communications, Mrs....
Abia State Governor, Alex Otti, has lamented the free fall of the naira, saying the Federal Government printed too much money in circulation. The governor stated...
Nestle will also not be able to pay dividends based on the status of its shareholder’s funds. Nestle Nigeria Plc has lost a staggering N104 billion...
Mr. Yemi Cardoso, the Central Bank of Nigeria (CBN) governor, said on Tuesday that over $26 billion in illicit flows had passed through the crypto platform...
The Central Bank of Nigeria has placed limits on the foreign exchange sales by Bureau De Change (BDC) operators in a new document titled: “Revised Regulatory...
Ace economist and chieftain of the Labour Party, Pat Utomi, has issued a stern warning that the naira may fall to N10,000 per dollar if nothing...
By Emmanuel Agaji The Central Bank of Nigeria (CBN) weekend ended the anxiety and about two months of confusion suffered by importers and customs agents on...
Modular refineries in Nigeria are currently facing the threat of shutting down operations following their inability to access foreign exchange for the purchase of crude oil,...
The Federal Government and African Export-Import Bank (Afreximbank) have committed to a $1 billion partnership to revolutionise Nigeria’s healthcare sector. The $1 billion Healthcare Value Chain...
By Kayode Sanni-Arewa The Central Bank of Nigeria is considering increasing the share capital of Bureau De Change operators to N2bn and N500m for Tier 1...
By Emmanuel Agaji The Central Bank of Nigeria (CBN) has excluded governments, commercial banks, merchant banks, Other Financial Institutions (OFIs), public officers among other parties from...
Dollar To Naira Black Market Exchange Rate For Today Saturday 24 February 2024 can be accessed below. This online medium obtained the official dollar to naira...
The Central Bank of Nigeria (CBN) has asked the Nigerian Customs Service (NCS) to adopt the same forex rate from the importation of goods to its...
The Federal Government is to stop the exportation of Liquefied Petroleum Gas, popularly called cooking gas, in a bid to increase its volume domestically so as...
The US Dollar supply turnover at Wednesday’s official foreign exchange market surged by 51 per cent to $240.72 million as the Naira recorded marginal gains. FMDQ...
