Business
CBN: Non-remittance of dollars by NNPC behind Naira crisis
The Central Bank of Nigeria (CBN) has disclosed that the non-remittance of dollars to foreign reserves by the Nigeria National Petroleum...
Naira depreciates further to N685/$1
The Nigerian currency, naira has depreciated further at the official and unofficial currency markets. This was seen in a data...
Discontinue ‘indiscriminate’ borrowing’, BudgIT tells FG
A civic-tech organisation, BudgIT has disclosed that it is worried over the poor fiscal performance of the federal government's 2022...
LCCI asks FG to reconsider ban on mining activities
The Lagos Chamber of Commerce and Industry (LCCI) has called on the federal government to reconsider its decision to ban...
Emefiele: Nigerians now shamefully pay dollars to study in West African varsities
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has stated that Nigerians now "'shamefully" pay dollars to study...
CBN vows to arrest Nigerians using naira to buy dollars
The Central Bank of Nigeria (CBN) has intimidated that it will arrest and prosecute any Nigerian caught using naira to...
Naira appreciates against US dollar as forex supply jumps by 301.3%
Tuesday saw a 1.16% increase in the value of the Nigerian Naira versus the US Dollar in the Investors and...
BREAKING: CBN raises interest rate to 14%
The Central Bank of Nigeria has raised the interest rate to 14 percent. This new development is coming barely two...
Ngurah Rai International Airport To Close For 24 Hours For Nyepi
Dropcap the popularization of the “ideal measure” has led to advice such as “Increase font size for large screens and...
Nigeria didn’t flout World Bank borrowing rules – FG
The federal government has debunked reports about Nigeria's disregard for the World Bank Disclosure Rule and borrowing loans. The Debt...
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