Thursday, April 18, 2024
More
    Home Business

    Business

    Cardoso links depleting external reserves to debt repayments

    The Central Bank of Nigeria has clarified reasons for the significant decline in the nation’s foreign exchange reserves, asserting that it wasn’t primarily aimed...

    FG plans three national ID cards for 104m Nigerians June

    The Federal Government is to launch three new national identity cards in May this year and has a target of providing them for about...

    External reserves drop by $950m in 17 days — CBN report

    Nigeria’s foreign exchange reserves have taken a significant hit, dropping by approximately $1.02bn within 18 days as the Central Bank of Nigeria steps up...

    BDC operators ask CBN to lower exchange rate

    The Association of Bureaux De Change Operators of Nigeria has appealed to the Central Bank of Nigeria to adjust and lower its applicable exchange...

    FG, INTERPOL in talks over Binance chief’s extradition

    The Federal Government and the International Criminal Police Organisation have commenced the process of extraditing a Binance chief, Nadeem Anjarwalla, who escaped from detention...

    Naira sells below 1,280/$ at official, parallel markets

    The naira began the new month on a bullish note, appreciating to N1,278.58 against the United States dollar from N1,309.39 per dollar recorded last...

    Diesel price drops as Dangote sells N1,225/litre, supplies petrol May

    The pump price of Automotive Gas Oil, popularly called diesel, has dropped from about N1,700/litre which it sold for a few weeks ago, to...

    Electricity consumers rose to 12.12m in Q4 2023 – NBS

    The number of electricity consumers rose by 410,000 from 11.71 million in the third quarter of 2023 to 12.12 million in the fourth quarter...

    Naira closes 1,309/$ as banks sell $2.5bn

    In the last two weeks, the Central Bank of Nigeria and other banking institutions have improved dollar supply to the foreign exchange market by...

    Must Read

    Shaibu’s impeachment panel begins sitting

    The seven-man panel set up by the Chief Judge of Edo State, Justice Daniel Okungbowa, to investigate the allegation of misconduct levelled against the...

    FG, INTERPOL in talks over Binance chief’s extradition

    The Federal Government and the International Criminal Police Organisation have commenced the process of extraditing a Binance chief, Nadeem Anjarwalla, who escaped from detention...

    Father of 3 boys Deyemi Okanlawon says he wants to have a daughter

    Nollywood actor Deyemi Okanlawon has revealed that when his wife was pregnant with their third child, he initially wished that it was a girl. In...