THE Federal Government through the Central Bank of Nigeria, on Tuesday, imposed stamp duty of N50 on bank customers for money received into their accounts. Consequently,...
Monday’s stoppage of foreign exchange sales to Bureau De Change operators by the Central Bank of Nigeria failed to lift the naira on Tuesday as the...
Nigeria might be the richest economy in Africa but that does not impress hard-nosed investors who buy and sell shares at the local stock exchange. The...
The Central Bank of Nigeria, CBN, has stopped, with immediate effect, the sale of foreign exchange, forex, to Bureaux de Change, BDCs, as part of measures...
As delivered by President Muhammadu Buhari on Tuesday, Dec. 22 to a Joint Session of the National Assembly; read 17 important things the President said in...
Below is the breakdown of the 2016 budget as presented by President Muhammadu Buhari to the house GDP Growth Rate Projection 4.37% Revenue Projection 3.86 Naira...
Deposit Money Banks have commenced a process to stop all customers from using their payment cards, popularly known as Automated Teller Machine cards, for dollar-denominated transactions...
The naira on Friday strengthened against the dollar after weeks of free fall at the parallel market. The currency gained N10 to exchange at N270 to...
The value of Nigeria’s crude oil export dipped by N372.8 billion in the third quarter of this year over the value recorded in the second quarter....
Minister of State for Petroleum Resources, Ibe Kachikwu on Wednesday assures that two out of Nigeria’s four refineries will restart production in the next two weeks....
