law-cbn-lagospost.ng

Naira disappoints, loses 11.7% despite FX market intervention

The Nigerian naira ended today downbeat, losing about 12% day on day despite forex market intervention. Despite FX sales to local banks, exchange rate...
naira-lagospost.ng

Forex: Naira appreciates against dollar

The Naira appreciated against the dollar at the official foreign exchange market on Wednesday, coinciding with the first anniversary of President Bola Tinubu's administration.According...
Minimum wage-lagospost.ng

Minimum wage: Labour unions agree to meet FG on Tuesday

The Organised Labour has agreed to attend the ”negotiation” meeting of Tripartite Committee on the Minimum Wage slated for Tuesday.Mr Etim Okon, the Vice...
CBN-reforms-lagospost.ng

CBN will retain high interest rates to control inflation — Cardoso

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has hinted that the apex bank will keep interest rates high until inflation...
PoS- lagospost.ng

CAC Registration: Police to go after unregistered PoS operators

The Federal Government has underscored the potential security advantages of the mandatory registration of Point-of-Sales (PoS) operators nationwide, suggesting it could aid in reducing...
Bayo Onanuga- lagospost.ng

Cybersecurity levy is 0.005% not 0.5% – Tinubu’s aide clarifies

Bayo Onanuga, the spokesperson to President Tinubu, has clarified that the recently introduced cybersecurity levy to all banks and financial services is 0.005 percent,...
Presidency - lagospost.ng

Nigeria to receive $2.25bn World Bank loan

The World Bank is set to consider Nigeria's $2.25 billion loan request in June 2024, according to a statement from the finance ministry released...
dollar-naira-lagospost.ng

Naira crashes to N1,234/$ at official market as speculators resume hoarding

The naira declined against the United States dollar to N1,234 at the official foreign exchange market on Monday, marking a 5.26% decrease from N1,169.99/$1...
tinubu-lagospost.ng

FG disburses N200b palliative grants

The Federal Government on Tuesday said it has begun disbursing the N200 billion Presidential Conditional Grant Scheme to verified applicants.The Minister of Industry, Trade...
reps - lagospost.ng

Reps issue ultimatum to SEC, FRC over N45m unremitted funds

The House of Representatives Public Accounts Committee on Tuesday issued a 21-day ultimatum to the Securities and Exchange Commission (SEC) and Fiscal Responsibility Commission...
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