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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Naira 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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