Business
Naira Strengthens Against Dollar in Official Market
The Naira strengthened by N28.34 against the dollar, trading at N1,468.99 per dollar, indicating a significant 1.89% appreciation Trading data...
‘It’s annoying’– Dangote speaks on struggles of obtaining visas to travel within Africa
Dangote said the Chairman of Total Energies, Patrick Pouyanne, does not need 35 visas on his French passport to gain...
Nigeria to end fuel imports by June, says Dangote
Dangote said the refiner would not only focus on producing petroleum products. He said the refinery would take most African...
JUST-IN: NCC suspends new licence issuance in three categories
Suspends issuance of virtual operators licence The NCC said the suspension is in line with its powers under the Nigerian...
Interest rates to remain high until inflation comes down — Cardoso
Says orthodox policies would be implemented to tame inflation The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso...
CBN orders banks to deduct ‘Cybersecurity Levy’ on all electronic transfers
Experts and financial analysts have also said the new levy could upend the drive for financial inclusion and cashless policy....
JUST-IN: FG To Delist Naira From P2P Platforms
The federal government through its SEC has announced plans to delist the naira from all peer-to-peer (P2P) platforms. Emomotimi Agama,...
Amid galloping inflation, CBN jacks up Customs FX duty rate for cargo clearance by 14%
However, whatever respite and joy importers felt with the news of the import duty slash were shortlived after the apex...
Multichoice hikes subscription prices on DStv, GOtv
New development to take effect Wednesday, 1 May 2024 Multichoice Nigeria, owners of DStv and GOtv, has announced a price...
Naira depreciates to N1,250/$ in parallel market
The closing rate represented 5.51 per cent depreciation The naira exchanged on Monday at N1,234.49 to dollar at the official...
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