As demands continue to regularly exceed supply, the naira continues to fall in the parallel market as forex traders are selling at the rate of N1,050...
The Central Bank of Nigeria (CBN) has removed restrictions on the importation of all 43 items that were previously subject to restrictions as per the 2015...
The management of BUA Cement Plc has announced a reduction in price of its cement from N5,500 to N3,500 per 50kg bag. The company’s Chairman, Abdul...
The World Bank has approved a fresh $700m loan for Nigeria. It disclosed this in a statement published on its website on Friday, Sept. 22. The...
The Central Bank of Nigeria (CBN) has confirmed the resignation of Mr Godwin Emefiele as its governor, three months after being suspended from office by President Bola...
The Revenue Mobilisation Allocation And Fiscal Commission (RMAFC) says a total of N5,244,037,636,561.60 has accrued into the Federation Account for the period between January and June...
The Lagos Chamber of Commerce and Industry (LCCI) has urged the Central Bank of Nigeria (CBN) to suspend interest rate hikes to relieve the pressures on...
The Debt Management Office (DMO), has disclosed that Nigeria has spent N2.34 trillion on debt servicing within six months. In a recent report, DMO says the...
Prof. Umar Danbatta, the Executive Vice-Chairman, Nigeria Communications Commission (NCC), says telecoms investment inflow grew from $38 billion to $77 billion by the second quarter of...
President Bola Tinubu has appointed Dr Olayemi Michael Cardoso as the new Governor of the Central Bank of Nigeria (CBN). Cardoso is to serve a term...