Reversing recent gains, the Nigerian naira has become the world’s worst-performing currency in the past month, according to a new Bloomberg report. According to the Friday…
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All the latest business news in Nigeria
According to the Interbank Forex rates from the Bank of Ghana today, May 13, 2024, the Ghana Cedi is trading against the dollar at a buying…
The Nigerian Government has rejected the proposal by telecommunications companies to raise their tariff. The government asserted that elevating prices for data, voice, and text messages is not the solution…
Bayelsa State Governor, Douye Diri, has said that International Oil Companies (IOCs), notably Shell Petroleum Development Company, bear responsibility for the oil spillage causing extensive environmental…
FBN Holdings on Thursday officially announced that Mr. Tunde Hassan-Odukale, Chairman of First Bank of Nigeria Limited, will step down following the expiration of his tenure.…
The President of Nigeria, Asiwaju Bola Ahmed Tinubu, has instructed the Central Bank of Nigeria (CBN) to halt the implementation of the cybersecurity levy policy. This directive follows…
The Nigerian Government is expected to secure a $2.25 billion loan from the World Bank in June 2024. This funding will be received through two pivotal…
The International Monetary Fund has encouraged Nigeria’s government to ask global cryptocurrency trading platforms to register or get licences before operating in the country. This proposal…
The Central Bank of Nigeria (CBN) has reduced its initial restriction on international oil companies operating in the country from repatriating cash revenues. In a circular…
The Central Bank of Nigeria (CBN) has demanded that all point-of-sale (POS) operators in the country register with the Corporate Affairs Commission (CAC) within two months.…