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…
Continue ReadingFEC 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…
Continue ReadingNaira 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…
Continue ReadingCBN to sanction banks rejecting old dollar notes
The Central Bank of Nigeria has warned against the continued rejection of old series and lower…
Continue ReadingEXCLUSIVE: Nigeria Spends $600m Importing Palm Oil Annually
The National Palm Produce Association of Nigeria (NPPAN) says Nigeria spends $600 million on palm oil…
Continue ReadingNo 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…
Continue ReadingSouth 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…
Continue ReadingFG Eyes $7bn FDI From Oil Sector – Wale Edun
Wale Edun, the minister of finance and the coordinating minister of the economy, has said that…
Continue ReadingNaira Strengthens To ₦1,339.33/$ At Official Market
The Nigerian Naira appreciated significantly against the US dollar on Monday, closing at 1,339.33/$ in the official foreign…
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