Naira loses marginally against dollar at parallel market
The Naira on Monday lost 50 kobo to close at N 360 . 5 to the dollar , weaker than
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Economy
Dollar Gains For A Second Day As Markets Eye Fed Minutes
The United States currency, Dollar, has appreciated for the second day in a row, reports from the capital markets reveal.
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Naira appreciates against dollar at parallel market
The Naira on Tuesday appreciated against the dollar at the parallel market, exchanging at N 360 to the dollar ,
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Nigerian govt to sell Polaris bank in two years
The Asset Management Corporation of Nigeria (AMCON) says it plans to sell Polaris Bank within two years. Ahmed Kuru, Chief
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We Wrongly Advised Nigeria – World Bank Admits Mistake
The World Bank President, Jim Yong Kim, has admitted that the financial institution’s advice to Nigeria caused problems in health,
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Trouble As CBN Liquidates Another Bank, Revokes Its License Over Liquidity Problem
The nation’s apex financial institution, the Central Bank of Nigeria (CBN), has liquidated a yet another bank and revoked its
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Nigerians transfer N216bn via mobile devices in nine months
The efforts to leverage mobile phones to create a cashless economy and drive financial inclusion are yielding results as financial
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FG Slashes Business Name Registration Fees In Nigeria
The Federal Government has slashed the amount needed for the registration of Micro, Small and Medium Enterprises businesses in Nigeria.
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NLC Reveals What Will Happen To Governor Who Oppose New Minimum Wage
Nigerian governors might be in for serious shock as Nigeria Labour Congress has vowed to deal with them if they
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CBN to revoke 154 microfinance banks’ licences, 28 others
The Central Bank of Nigeria on Wednesday gave a notification to revoke the operating licences of 182 other financial institutions
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BREAKING: After Meeting FG Delegation, NLC Insists On Total Strike
According to a report by Premium Times, a last minute effort by the federal government to prevent a workers strike
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Nigeria Might Slide Back To Recession – CBN
There is the strong possibility that Nigeria could return to recession following the adverse economic indicators. The Monetary Policy Committee
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Again, CBN holds MPR at 14%, seeks speedy budget implementation
The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday left the Monetary Policy Rate unchanged at 14
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