The Central Bank of Nigeria (CBN) is considering banning Bureau De Change (BDC) operators from street trading and limiting the cash payment for selling...
The Naira experienced a decline against the US Dollar in the official market, concluding the week at N1,665.50/$1, amid sustained demand pressures that continued to exert...
Apparently overwhelmed by the endless crashing of the Naira against the dollar (and other hard currencies) in the foreign exchange (forex) market for some months now,...
The Federation Accounts Allocation Committee (FAAC) has announced the distribution of N1.15 trillion in revenue to the three tiers of government in February 2024, marking an...
The Nigerian Communication Commission (NCC) has reiterated its commitment at ensuring all its licensees to their obligations. Dr. Aminu Maida, Executive Vice Chairman of...
Despite the Central Bank of Nigeria (CBN) implementing various policies aimed at bolstering the supply of foreign exchange, the Naira has continued with its yo-yo...
The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede, has called for a broad-based collaboration and synergy between the Commission and the...
President Bola Tinubu says his administration is strongly committed to providing excellent healthcare facilities for all Nigerians and will continue to prioritize domestic and foreign direct...
The parallel market exchange rate has experienced a significant decline, plummeting to a record low of N1960 per Euro, driven by persistent demand pressures that continue...
The naira, on Wednesday, reversed its depreciation trend, strengthening to N1,860 at the parallel section of the market. This represents an appreciation of N40 or 2.11...