Naira depreciates by 50% after ban on BDCs
Since the Central Bank of Nigeria (CBN) prohibited the sale of dollars to bureau de changes, the black market value of the dollar against...
JUST IN: Nigeria Stock Market at highest level in 15 years,...
Equity trading on the Nigerian Exchange Limited (NGX) concluded the first half of the year on a positive note, with the NGX All-Share Index...
World Bank announces a $93 billion replenishment package for Nigeria, others
The International Development Association (IDA) will receive a $93 billion replenishment package from the World Bank to assist Nigeria and other low-income countries in...
PoS Operators Give CBN Ultimatum Over Withdrawal Limit Policy
The Central Bank of Nigeria and the Association of Mobile Money and Bank Agents in Nigeria may soon clash over the controversial cash withdrawal...
JUST IN : Pres. Tinubu approves additional N10,000 for workers
President Bola Tinubu has approved additional N10,000 for workers for a period of six months.
This follows a meeting which the Federal Government officials had...
“We Are Working To Avert Further Naira Fall” – CBN
With an escalating demand for foreign exchange for both goods and services by Nigerians, the Central Bank of Nigeria (CBN) has assured that it...
BREAKING: President Tinubu Suspends Fuel Subsidy Regime
President Bola Tinubu has announced the removal of the fuel subsidy from July 1, 2023, emphasising that his government will not provide funds to...
Gold Hits Record Highs as U.S. Government Shutdown Sparks Investor Flight...
Gold prices surged to fresh all-time highs on Wednesday as investors sought safe-haven assets amid heightened political turmoil in Washington, where the U.S. government...
Fuel Scarcity: IPMAN Explains Why Fuel Queues Returned To Lagos
The Independent Petroleum Marketers’ Association of Nigeria (IPMAN) has disclosed why there is fuel scarcity leading to queues in Lagos state.
Speaking to Daily Trust,...
Governor Hope Uzodimma Raises Civil Servants’ Salaries By N10,000
The Imo state governor, Hope Uzodimma, on Saturday, announced N40,000 as the new minimum wage for civil servants in the state.
He stated this at...