Customs FX rate for import duties drops to N1238/$

The Nigeria Customs Service (NCS) has again adjusted the foreign exchange (FX) rate for duties to…

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CBN raises capital base for mega banks to N500bn

Barely 48 hours after restating the need to increase the capital base of Deposit Money Banks…

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FG directs banks to deduct 0.375% stamp duty charges on all loans

The Federal Government has directed commercial banks in the country to henceforth deduct and remit 0.375%…

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Detained Binance executive escapes from custody, flees Nigeria

Nadeem Anjarwalla, one of the executives from Binance detained in Nigeria on allegations of tax evasion and other…

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Naira hits two-month high of N1,382 on CBN’s FX reforms

Nigeria’s naira rose to a two-month high of N1,382.35 per dollar on Thursday at the official foreign…

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Access Bank Targets 100% Ownership Acquisition Of National Bank Of Kenya

Access Bank Plc and KCB Group Plc (KCB) have signed a binding agreement to acquire 100…

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Binance Nigeria: Crypto Crackdown Deepens Amid Currency Speculation Probe

The crackdown on cryptocurrency exchanges in Nigeria intensifies as the government detains two Binance executives amidst…

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Qatar makes U-turn, says will host Tinubu as scheduled

The Embassy of Qatar has refuted recent media reports claiming the cancellation of the visit by President Bola…

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Naira loses 1.82% despite steady rise in dollar supply

Naira depreciated against the dollar, losing 1.82 percent of its value despite rising liquidity in the official…

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Inflation: CBN increases PVS limit from 2.5% to 15%

The Central Bank of Nigeria, CBN, has announced an upward review of the Price Verification System,…

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