FX Rate: Dollar’s future looks dismal – Abuja BDC dealers
The Central Bank of Nigeria (CBN) on Friday offered fresh 100 million…
World Bank approves $200m agric-credit to Nigeria
The World Bank has approved a 200 million dollars credit facility to…
Profit taking: Market indices maintain downward slide on NSE
Transactions on the Nigerian Stock Exchange (NSE) on Friday for the fourth…
Rate disparity: CBN-licensed BDCs to incur regulatory loses of N130m
Alhaji Aminu Gwadabe, the President, Association of Bureau De Change Operators of…
Naira consolidates strength against dollar
The Naira on Friday in Lagos consolidated its position against the dollar…
Naira appreciation: Sen. Uzodinma applauds CBN’s bullish intervention
Sen. Hope Uzodinma has commended the Central Bank of Nigeria (CBN) for…
FG launches Accounting software to checkmate financial recklessness
The Federal Government has developed an IPSAS Compliant accounting software suite “OneBook”,…
Reps urge CBN to withdraw mutilated currency in circulation
The House of Representatives, on Thursday urged the Central Bank of Nigeria…
Dollar records further loss, sells for N390 at parallel market
The value of the Dollar continued to diminish against the Naira as…
CBN’s rates disparity may stifle exchange rate convergence – BDCs
The Association of Bureau de Change Operators of Nigeria (ABCON) has said…
Badagry to become international hub for investments, leisure activities by 2020- –stakeholders
Some stakeholders at the ongoing two-day Badagry Economic Summit on Thursday said…
Sarah Alade retires, recalls how ‘four governors’ ruled CBN during Jonathan’s administration
The Deputy Governor of the CBN, Economic Policy, Dr. Sarah Alade, retired…
Naira Makes Amazing Recovery Against Dollar For The First Time In Seven Months
The Nigerian currency, naira has made an amazing recovery against the greenback…
It’s not yet uhuru for Nigerian banks, 2017 is not brighter – Fitch Ratings
Fitch Ratings on Wednesday said Nigerian banks would continue to face challenges…
Naira gains strength against dollars, now N405/$1
For the first time in seven months, the dollar fell below the…
Naira gains N20 against dollar
The naira appreciated significantly against the dollar on Wednesday to trade at…
Naira continues to appreciate against dollar
The Naira has continued to appreciate against the dollar at the parallel…
2016 Budget: Senate approves Buhari $500m Euro bond loan
President Muhammadu Buhari $500million euro bond loan request meant to finance 2016 budget deficit…
Operators lose as dollar falls to N400 at parallel market
Following the Central Bank of Nigeria’s (CBN) intervention in foreign exchange (forex),…
Zenith Bank shareholders approve N100 bn fresh capital
The shareholders of Zenith International Bank Plc on Wednesday authorised the board…
Economist suggest to CBN the necessary steps to get out of recession
A financial expert, Dr Tunde Adeoye, on Wednesday urged the Central Bank…
Rates retention needed to sustain economic recovery- experts
Some financial experts on Wednesday said the retention of monetary policy rates…
Nigeria equity market indices down by 0.44%
The Nigerian Stock Exchange (NSE) Market indicators on Tuesday downgraded by 0.44…
Naira to sell at N415/$ as CBN sustains intervention – Gwadabe
The naira will trade at N415 to a dollar if the series…
CBN optimistic of rates convergence at FOREX market– Emefiele
Mr Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN) says…
FOREX: CBN releases another $180m
The Central Bank of Nigeria (CBN) has offered additional 180 million dollars…
Paris-based Company to Invest $280 Million To Boost Electricity In Nigeria
A Paris-based independent power company, GreenWish Partners has revealed its plans to…
Sigma Golf-Riverbank consortium buys Keystone Bank for N25bn
After nearly eight years of legal tussles with the original owners under…
NNPC To Start Providing Nigerians Electricity, set 4000 Megawatts Target
The Nigerian National Petroleum Corporation (NNPC) says it will generate about 4,000…
Naira extends gain against dollar, sells at N440-N445 per dollar
The Naira on Monday continued to extend its gains against the dollar…