Investors lost N847 billion in the stock market last week due to the negative impact of…
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CBN eases FX pressure, sells $876.26m to end-users at N1,495/$
The Central Bank of Nigeria, CBN, in a bid to ease pressure in the foreign exchange (FX)…
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Naira appreciates by 0.6% against dollar at official market
The naira on Monday appreciated at the official market, trading at N1,607.15 to the dollar. Data…
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FEC approves sale of Crude oil to Dangote, others in Naira
The Federal Executive Council (FEC), presided over by President Bola Ahmed Tinubu, on Monday, approved the…
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Naira rises to N1,550/$ in parallel market
The Naira yesterday appreciated to N1,550 per dollar in the parallel market from N1,560 per dollar…
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CBN to sanction banks rejecting old dollar notes
The Central Bank of Nigeria has warned against the continued rejection of old series and lower…
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EXCLUSIVE: Nigeria Spends $600m Importing Palm Oil Annually
The National Palm Produce Association of Nigeria (NPPAN) says Nigeria spends $600 million on palm oil…
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No plan to revoke licences of Wema, Polaris, Fidelity, Unity, CBN reassures customers
The Central Bank of Nigeria has again reassured the banking public of the safety of their…
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South Korea, African Countries Sign Agreements on Minerals, Exports
Nearly 50 deals and agreements have been signed during South Korea’s first summit with leaders from…
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FG Eyes $7bn FDI From Oil Sector – Wale Edun
Wale Edun, the minister of finance and the coordinating minister of the economy, has said that…
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