The Central Bank of Nigeria (CBN) may increase the number of items not eligible for forex from 41 items to include many others products being produced in Nigeria. Godwin Emefiele
Business
Oil marketers have given the federal government a seven-day ultimatum to settle outstanding debts totalling N800 billion, failing which depots would cease operation across the country. The marketers, comprising Major
Godwin Emefiele, governor of the Central Bank of Nigerians (CBN), says currency speculators, betting on a fall of the naira, will lick their wounds again. Speaking at the 2018 Annual
The Central Bank of Nigeria has granted Diamond Bank a national operating licence. Uzoma Dozie, the bank’s chief executive officer, confirmed the development in a statement released on Friday. The
The Central Bank of Nigeria (CBN) has stepped in to save the naira, as the local currency dropped on the
Itanna, an accelerator and investment vehicle, which doubles as Honeywell Group’s 100-year survival strategy, held its inaugural demo day in Lagos
Nigeria is set to begin selling electricity to Burkina Faso, a neighbouring West African country, despite poor electricity supply in
The Nigerian Ports Authority (NPA) has described as untrue reports that it withheld the 2017 operating surplus meant to be
Lukman Otunuga, FXTM research analyst, says the naira will not benefit from a weakening dollar if oil prices keep declining
Umar Danbatta, executive vice-chairman of Nigeria Communications Commission (NCC), says telecommunications operators in the country will roll out 5G services
