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The activities of governments after the disbursement of money by the Federation Account Allocation Committee (FAAC) contributed to the depreciation of the naira, according to data...
Signature Bank has officially launched and commissioned two new branches in Abia state – Umuahia – the state capital, and Aba – the commercial centre signaling...
The Central Bank of Nigeria has changed its stance on crypto assets in the country and asked banks to disregard its earlier ban on crypto transactions....
The naira yesterday depreciated N765.13 per dollar in the Investors and Exporters (I&E) window. Data from FMDQ showed that the indicative exchange rate for the window...
As the Dangote Refinery begins operations on Monday (today), the 650,000 barrels per day oil processing facility has been designed to process crude oil grades from...
Gains recorded in some banking stocks last week lifted the Nigerian Exchange (NGX) from the negative region even as investors gained N34 billion at the end of the...
he volume of dollars traded (turnover) in the Investors and Exporters (I&E) window of the foreign exchange market fell by 46 per cent, month-on-month (MoM) to $1.4...
The Central Bank of Nigeria (CBN) says the old N200, N500 and N1000 notes remain legal tender until December 31, 2023. Isa Abdulmumin, CBN spokesperson, announced...
The chaos trailing the cash scarcity has assumed a worrisome dimension with the organised private sector raising the alarm that the crisis has grounded the economy....
The Independent Petroleum Marketers at the tank farm in the Ijegun Egba Satelite area of Lagos have started selling petrol at N172 per litre. This was...
