Business
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...
JUST IN: Tinubu To Depart Abuja Tuesday For Netherlands On Official Visit
The official visit was on the invitation of the Mark Rutte, the Dutch prime minister. The President will be accompanied...
BREAKING: Tinubu Appoints SEC Board Members (Full List)
President Bola Tinubu has approved the appointment of the following Nigerian professionals to the Board of the Securities and Exchange...
Nigeria’s FX Reserves Decline by Over $2bn in One Month, Hits Lowest in 6 Years
Nigeria's FX reserves plummet by $2.16 billion in 29 days, reaching $32.29 billion on April 15 amid CBN interventions Reserve...
At last, Naira hits N1,000 per dollar
The naira was selling at N1,000 to the dollar at the parallel market The value of the naira gained strength...
Naira Could Potentially Trade Below N1,000/$, Goldman Sachs Forecasts
The naira maintains strength against the dollar, hitting a four-month high amid inflation concerns and expectations of delayed rate hikes...
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