The Central Bank of Nigeria (CBN) has directed all deposit money banks in the country to restructure loan terms and tenors to households and businesses affected...
The Central Bank of Nigeria (CBN) is contemplating a downward review of the lending rate as a buffer against the current economic austerity occasioned by the...
Between 1st January and 12th March this year, Nigeria’s external reserves shed the sum of $2.43 billion (about N888.165 billion) in value, data from the Central...
The naira appreciated against the dollar at the weekend after days of panic buying amid speculations that the Nigerian central bank may devalue the local...
The Federal Government has begun consultations with relevant stakeholders on the possible reduction of the pump price of Premium Motor Spirit (PMS), popularly called petrol, as...
The Central Bank of Nigeria (CBN) has sanctioned over a hundred Bureau De Change (BDC) operators for various infractions in the foreign exchange market. This was...
The Central Bank of Nigeria (CBN) has debunked speculations making the rounds and suggesting that the naira is finally about to be devalued. In a statement,...
By Richards Adeniyi As part of measures aimed at curtailing the spread of the dreaded coronavirus disease (Covid-19), the Nigerian Ports Authority (NPA) has said that...
By Richards Adeniyi THERE were tensions inside the Tin Can Island Port recently as the Lagos State Government made an attempt to start collection of its...
Former Aviation Minister, Femi Fani-Kayode has reacted to the bill seeking the ban on the importation and use of all kinds of generators which passed first...