The Human and Environmental Development Agenda (HEDA Resource Centre) on Sunday declared support for the resolution of the House of Representatives to probe critical financial institutions...
By Richard Adeniyi The Nigerian Shippers Council has shut down its offices and ordered its staff to stay at home in order to prevent the spread...
Oil prices fell on Monday morning as political leaders around the world escalated lockdowns to curb the spread of the global coronavirus pandemic that has plunged...
In a bid aimed at tightening regulatory controls in the Foreign Exchange (Forex) market and rein in dollar supply, the Bankers Committee has issued a directive...
The Central Bank of Nigeria (CBN) has officially devalued Nigeria’s Naira from the official N3017/$1 to N360/$1, as depreciation at the “market-determined” I&E window is 5%...
In a bid to curtail the spread of the coronavirus in Nigeria, the Nigerian Civil Aviation Authority (NCAA), says effective from Monday 23rd March to 23rd April, 2020,...
German Airline, Lufthansa, has suspended all flights out of Nigeria from 23 March 2020 to 19 April 2020. This was disclosed in an email sent by...
The Nigeria Deposit Insurance Company (NDIC) has warned Nigerians to stop patronising unlicensed financial institutions. Alhaji Umaru Ibrahim, the Managing Director/Chief Executive Officer of NDIC, warned...
The Central Bank of Nigeria (CBN) has decided to collapse the multiple exchange rate policy which was used to determine the value of the Naira and...
The Central Bank of Nigeria (CBN) sold dollars to banks at N380/$1, the highest official exchange rate between the dollar and naira in over two years...