The Financial Services Regulation and Coordinating Committee (FSRCC) and the National Broadcasting Commission (NBC) have asked the public to report illegal financial operators (IFOs) to law enforcement agencies. The announcement
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The Central Bank of Nigeria (CBN) has introduced a foreign exchange (FX) price verification system (PVS) portal to enable importers to access forex. The CBN, in a statement on Thursday
The Nigerian National Petroleum Corporation (NNPC) Limited has secured a $3 billion emergency crude repayment loan to support the naira and stabilise the foreign exchange market. NNPC Limited secured the
The naira, Nigeria’s legal tender, is currently trading at N890 per dollar at the parallel section of the foreign exchange (FX) market. The figure represents an appreciation of 60 or
In light of the recent naira slump, Agora Policy, an Abuja-based think tank, has suggested a framework that the federal
Resolved. There are smarter people in government than ‘Mayowa Tijani; these people have the answers to the economic challenges the
The Central Bank of Nigeria (CBN) says new measures will be taken to stabilise the naira against the dollar. Folasodun
Here are the seven top business stories you need to track this week — August 14 to August 18. NBS
The Central Bank of Nigeria (CBN) says staff allowances gulped N155.63 billion in 2022. The bank disclosed this in its audited financial
The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria’s oil production declined in July 2023, making the country the
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