The naira further depreciated to N470/$ on Wednesday from N465/$ in the previous day in the parallel segment of the foreign exchange market. There has been...
OBINNA EZUGWU Nigeria’s apex bank, the Central Bank of Nigeria (CBN) in its global standing instruction (GSI) guidelines published on Monday, has decided that effective from...
Adebayo Obajemu As part of efforts by the Federal Government to increase local production, stimulate rapid economic recovery, safeguard rural livelihoods and increase jobs, which were...
By FELIX OLOYEDE Portfolio investors in Nigeria are having hard time repatriating their funds due to the paucity of dollar in the country, caused by the...
The naira depreciated from N460.50/$ to N461.50/$ at the parallel foreign exchange market on Thursday. The Investors and Exporters (I&E) FX window opened at N387.32, traded...
Power Distribution Companies (DisCos) is seeking Central Bank on Nigeria-funded massive meter rollout project to ensure electricity customers are adequately metered. The intervention they say will...
The naira depreciated by 0.06 percent to N386.75/$ at the Investors and Exporters (I&E) foreign exchange window on Wednesday. The I&E forex window had opened at...
Adebayo Obajemu The Central Bank of Nigeria (CBN) has said it has given approval to Stirling Trust Company Limited to commence cash-in-transit operations in the country....
The Naira depreciated 5.54 per cent at the official window on Tuesday closed at 381.00/$1 as the Central Bank of Nigeria (CBN) attempts to unify the...