The Central Bank of Nigeria on Friday revoked the licences of 4,173 Bureau De Change operators over their failure to meet regulatory guidelines. The apex bank...
The Central Bank of Nigeria is considering plans to increase the share capital of Bureau De Change operators to N2bn and N500m for Tier 1 and...
The Senate on Wednesday grilled nominees for membership of the Central Bank of Nigeria’s Monetary Policy Committee over the forex crisis and unending food crisis. President...
The equity market opened in the reds on Monday as investors lost about N1.82tn. Substantial depreciations were observed in bellwether stocks, fuelled by strong sell interest...
The Edo State Governor, Mr. Godwin Obaseki, is intensifying efforts to diversify the State’s economy with the exploitation of its solid minerals deposit, especially lithium as...
Stocks in the United States and Europe slumped on Tuesday while the dollar climbed as data showed that US inflation slowed less than expected in January,...
The naira fell to a new all-time-low of N1,534/$ on the official Nigerian Autonomous Foreign Exchange Market on Monday. This indicates a loss of 3.93 per...
Richard Asoge Nothing depresses a man of the house like waking up early in the morning in preparation for the task of the day but not...
The naira yesterday depreciated to N1,405 per dollar in the parallel market from N1,375 per dollar on Wednesday. Similarly, the naira depreciated to N900.96 per dollar...
Oil marketers under the aegis of the Independent Petroleum Marketers Association of Nigeria have berated the Nigerian National Petroleum Company Limited for alleged delay in the...