The Central Bank of Nigeria authorised the Providus-Unity Bank of Nigeria on August 6, 2024. The day after, the apex bank approved a bailout loan of…
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All the latest business news in Nigeria
According to FMDQ data over the past seven days, the Naira advanced by N42.88 weekly in comparison to the dollar in the foreign exchange market due…
A week after Arik Air planes were grounded due to a dispute with Atlas Petroleum, Nigeria’s aviation authorities have decided to lift the suspension on the…
FMDQ data has shown that the Naira has appreciated against the Dollar for three consecutive days at the foreign exchange market amid the Central Bank of…
The Naira appreciated twice against the Dollar in the foreign exchange market this week. According to FMDQ data, the Nigerian currency rose further to N1601 per…
The Nigerian Communications Commission (NCC) has instructed telecom operators to streamline their tariff plans, packages, and promotional offers after many Nigerians voiced dissatisfaction with the rapid…
The Nigerian National Petroleum Company Limited (NNPCL) has launched the Utapate crude oil grade to the international market. NNPCL’s spokesman, Olufemi Soneye, announced this on Monday.…
Despite the ongoing protests, the Naira has gained significantly against the Dollar in the foreign exchange market. Data from FMDQ showed that the Nigerian currency gained…
The Central Bank of Nigeria has increased the import duty exchange rate to N1618.73 due to foreign exchange fluctuations. According to the Nigeria trade hub, the…
Recent data from the Central Bank of Nigeria (CBN) reveal that it plans to auction N216.09 billion worth of treasury bills on Thursday, August 8, 2024.…