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CBN abolishes Naira4Dollar, RT200 rebate schemes

    CBN abolishes Naira4Dollar, RT200 rebate schemes

The Central Bank of Nigeria (CBN) has announced the cessation of the RT200 rebate scheme and the Naira4Dollar remittance scheme, with effect from June 30. The apex bank announced the development

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Naira begins recovery after float, closes at N664/$ at I&E window

    Naira begins recovery after float, closes at N664/$ at I&E window

The naira closed at N664.04 per dollar at the investors and exporters (I&E) window on Wednesday.  Earlier in the day, the local currency was initially quoted between N750 and N755

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Naira hits N755/$ at I&E window as CBN directs banks to trade freely

    Naira hits N755/$ at I&E window as CBN directs banks to trade freely

The naira, Nigeria’s legal tender, is currently trading at N750-N755 per dollar at the investors and exporters (I&E) window. The I&E foreign exchange (FX) window is the country’s official exchange

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May inflation, Emefiele’s suspension… 7 business news to track this week

    May inflation, Emefiele’s suspension… 7 business news to track this week

Here are the seven top business news you need to track this week — June 11 to June 15. NBS REPORT The National Bureau of Statistics (NBS) is expected to

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Emefiele, El-Rufai, Aregbesola and their Bata drums

  Emefiele, El-Rufai, Aregbesola and their Bata drums

The Batá is a Yoruba drum that is in a class of its own. It used to be highly venerated

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CLOSE-UP: Folashodun Adebisi Shonubi, engineer, IT expert, banker — and acting CBN governor

  CLOSE-UP: Folashodun Adebisi Shonubi, engineer, IT expert, banker — and acting CBN governor

Folashodun Adebisi Shonubi, appointed acting governor of the Central Bank of Nigeria (CBN) by President Bola Tinubu on Friday, is

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TIMELINE: From ban to taxation — FG’s journey to cryptocurrency acceptance

  TIMELINE: From ban to taxation — FG’s journey to cryptocurrency acceptance

Bitcoin and other cryptocurrencies have long been a topic of debate and regulatory scrutiny worldwide, and Nigeria has been no

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Reps summon Emefiele over N32.5bn ‘undocumented payment’

  Reps summon Emefiele over N32.5bn ‘undocumented payment’

The house of representatives committee investigating the missing 48 million barrels of Bonny Light crude has summoned Godwin Emefiele, governor

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How Tinubu’s unified exchange rate and naira devaluation can affect you

  How Tinubu’s unified exchange rate and naira devaluation can affect you

Let me save you some time and answer your questions from the top. Will there be a devaluation of the

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Newspaper Headline: Reps begin probe of N413bn subsidy fund borrowed from CBN

  Newspaper Headline: Reps begin probe of N413bn subsidy fund borrowed from CBN

The end of the petrol subsidy regime and the economic impact on the people – takes the front seat in

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