The Central Bank of Nigeria has issued a directive to all banks on the need to strictly comply with recent foreign exchange policy reforms. In a...
President Bola Tinubu has said the Federal Inland Revenue Service will review a request to reduce the withholding tax for telecommunications companies operating in the country....
The Organisation of Petroleum Exporting Countries said crude oil production increased by 203,000 barrels per day ( bpd) in February to an average of 26.57 million...
The Central Bank of Nigeria, on Wednesday, handed over N100bn worth of fertilisers to the Federal Ministry of Agriculture and Food Security to boost food production...
The Naira continued its depreciation against the US dollar at the close of the official foreign exchange market on Friday, days after Binance’s discontinued Naira-denominated transactions....
The Nigerian government has inaugurated the Governing Council of the Midstream and Downstream Gas Infrastructure Fund to reduce the prices of Liquefied Petroleum Gas and Compressed...
Debt Management Office (DMO) has listed N350 billion Sukuk on the Nigeria Exchange and FMDQ. This, according to a statement by the debt agency would give...
The Manufacturers Association of Nigeria has said that 767 manufacturers shut down operations while 335 became distressed in 2023. This came against the backdrop of exchange...
The Governor of Edo State, Godwin Obaseki, has faulted the Central Bank of Nigeria for raising the Monetary Policy Rate by 22.75 per cent. Obaseki contended...
Over 70 million bank customers are at risk of losing access to their accounts when the Central Bank of Nigeria’s directive on restricting accounts without Bank...