Again, CBN postpones MPC meeting despite increasing inflation
The Central Bank of Nigeria has once again postponed the meeting of its Monetary Policy Committee, MPC, even as inflation keeps soaring in the...
Naira continues to fall, exchanges at N1000/$
The naira on Thursday closed trading at N996.75/$ on the Investor & Exporter forex window despite the effort of the Central Bank of Nigeria...
FG recorded N333.9bn from customs revenue collection
In the last four months, the Nigeria Customs Service recorded a surge in monthly revenue collection from N202 billion to N333.9 billion.
This was disclosed...
Naira continues to fall, sells at N1,080/$
On Tuesday, the Naira continued its fall against the dollar on Tuesday, depreciating to N1,080/$ in the parallel market.
This is a 4.85 per cent...
BDC operators warn currency speculators amid naira gain
The Association of Bureau de Change Operators of Nigeria has warned those speculating on the currency to be wary as the Naira strengthens further...
Lagos State partners EnterpriseNGR to inaugurate International Financial Centre Council
The Lagos State Government in partnership with EnterpriseNGR, an advocacy group inaugurated the Lagos International Financial Centre Council to promote investment in the state.
This...
Naira exchanges at N1,185 to dollars on black market
On Wednesday, the naira exchanged at 1,185/$ at the parallel market, as the liquidity challenge persisted.
According to The Punch, some Bureau de Change Operators...
Court gives Emefiele till January 25 to explain $53m Paris Club debt
A Federal High Court in Abuja has given the ex-governor of the Central Bank of Nigeria, Godwin Emefiele, until January 25 to appear in...
Lagos tax tribunal orders MTN to pay $72.5m to FIRS
The Tax Appeal Tribunal in Lagos state has ordered MTN Nigeria Communications to pay $72, 551, 059, in tax default from 2007 to 2017...
FEC approves $3.45bn loan application for power, others
The Federal Executive Council has approved the application for a $3.45bn loan to finance five items.
This projects in the power sector, renewable energy, states’...
