JUST IN: CBN brings back BDC, introduces new Operational Mechanism for...

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The Central Bank of Nigeria (CBN) has announced a series of operational modifications for the Bureau De Change (BDC) segment in an effort to...

JUST IN: Central Bank Unveils Official FX Price Verification System Portal

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The Central Bank of Nigeria has implemented a foreign exchange pricing checking system to allow importers access to foreign currency. According to a statement issued...

“Learn From Kenya” – Oil Marketers Tell President Tinubu Over Fuel...

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Oil marketers have asked President Bola Tinubu to learn from his Kenyan counterpart, President Williams Ruto over the lingering crisis generated as a result...

DSTV exits Malawi after Court halts plans to increase subscriber fees

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In response to a high court order banning MultiChoice from increasing DStv service prices further, the corporation has announced its pullout from Malawi. MultiChoice made...

“We talk about black markets, which also create problems” CBN explains...

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The Central Bank of Nigeria (CBN) has linked the naira's depreciation versus the dollar and its inability to manage the foreign exchange market to...

Foot Locker Rejected Yeezy Restock Allocation, Fearing Backlash

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Last week, Adidas continues to sell off the remaining inventory of the sneakers from its failed collaboration with Kanye West. Foot Locker, which did...

“VAT Should Be Suspended On Diesel” — Presidential Tax Committee Chair

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Taiwo Oyedele, the Chairman of the Presidential Committee on Tax Policy and Fiscal Reforms has told President Bola Tinubu to suspend Value Added Tax...

“We’ll decide tomorrow whether to suspend or continue subsidy protest” —...

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Nigeria Labour Congress (NLC) says it will make its decision on the suspension or continuation of its protest against the effects of fuel subsidy...

CBN to phase out old Naira notes gradually

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The Central Bank of Nigeria (CBN) has confirmed its intention to phase out the old N200, N500, and N1,000 naira notes gradually. Folashodun Shonubi, the...

Subsidy Removal: “We Can’t Feed Or Pay Fees” – University Lecturers,...

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University workers and lecturers have lamented hardship in the country, saying they can no longer feed or pay fees of their children. The lecturers under...
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