The Central Bank of Nigeria, CBN, Monetary Policy Committee, MPC, on Tuesday raised the interest by 50 basis points to 26.75 per cent from 26.25 per...
The Corporate Affairs Commission (CAC) has said it would cancel the certificates of incorporation of Bureaux De Change(BCDs) whose licences have been revoked by the Central...
The Federal Government has suspended duties, tariffs and taxes on some essential food items imported through land and sea borders. Minister of Agriculture and Food Security,...
The Corporate Affairs Commission has announced the approval to extend the mandatory Point of Sales agents, super agents and sole agents registration to September 5th, 2024....
Nigeria’s foreign exchange reserves have reached a high of $34.7bn, according to data obtained from the Central Bank of Nigeria’s website by The PUNCH on Sunday....
Anjola Femi, a Nigerian man, has returned $14,000 (approximately N21 million) that was mistakenly sent to him by a foreign crypto trader. The incident, which unfolded...
The Naira depreciated by over 40 percent in the half quarter of 2024 at the foreign exchange market. The FMDQ data showed that the Naira weakened...
The Central Bank of Nigeria (CBN) has issued fresh guidelines to Deposit Money Banks (DMBs) on the deposit of foreign currency notes with the apex bank....
The Central Bank of Nigeria says it will discontinue the foreign exchange price verification system portal used by importers from July 1. It also noted that...
The Federal Government, on Tuesday, declared that there was no importation of dirty fuel into Nigeria, countering the recent position of an official of the Dangote...