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CBN

We have no plan to convert $30bn in domiciliary account holdings to Naira – CBN

But the CBN, in a statement issued on Saturday by Sidi Ali, Hakama Ag. Director, Corporate Communications, said the attention…
Naira

FG breaks silence on report it plans to convert dollars in domiciliary accounts to Naira

According to the minister, the publication of such falsehood at a time when the government is working to restore economic…
Investors lose N1.14trn as NGX reacts to MPC decision

Investors on stock market gain N899bn

On the gainers’ table, Sterling Nigeria, Neimeth International Pharmacy (NEIMETH) and Transcorp led in percentage terms of 10 each to…

China Airport Construction hosts Sanwo-Olu, promises partnership with Lagos

Speaking during a meeting with the management of the China Airport Construction Company (CACC), Sanwo-Olu said Lagos is desirous of…
CBN

CBN relaxes restrictions on fx rates quoted by IMTOs

The CBN had earlier directed Deposit Money Banks (DMBs) to sell their excess dollar stock in a bid to stabilise…
CBN

CBN orders banks to sell all excess dollars in their domains today

The circular said the CBN had noted with concern the growth in foreign currency exposures of banks through their Net…
Otedola

Otedola becomes board chairman First Bank Holdings

Femi Otedola became the major shareholder of FBN Holdings (FBNH), the owners of First Bank Nigeria, after acquiring a 5.07…
LIRS

LIRS extends deadline for filing of annual Tax Returns

Subair urged employers of labour to take full advantage of the extension to perform their civic obligation to avoid penalties…
2024 Budget: Lagos to invest N550.689bn on infrastructure

2024 Budget: Lagos to invest N550.689bn on infrastructure

The Commissioner said the Budget would also address development of affordable housing schemes and urban renewal projects in addressing the…
PayPal launches dollar-backed stablecoin

PayPal to sack about 2,500 workers globally

The payments firm announced it was launching new artificial intelligence-driven products as well as a one-click checkout feature.
AEDC announces 2-day power outage in Abuja

AEDC appoints new management team

AEDC began operations and business of power distribution in November 2013 as one of 11 Electricity Distribution Companies (DisCos) granted…
CapitalMetriQ Swift Bank

CapitalMetriQ Swift Bank: Your Banking Sanctuary in a Chaotic World

CapitalMetriQ Swift Microfinance Bank's commitment to customer-centric banking is evident in its range of services. With free ATM cards, a…
CBN

CBN: Backlog of foreign exchange owed foreign airlines cleared

CBN said this on Tuesday while announcing payment of an additional 64.44 million dollars to the foreign airlines
Obidients, Arise TV's Rufai Oseni after my life – Reno Omokri cries out

How the Naira can bounce back – Reno Omokri

"Gone are the days when the government artificially set the Naira's value. And all major Presidential candidates said they would…
FG, RMAFC to deepen collaboration on revenue leakages

Mining Sector: FG, RMAFC to deepen collaboration on revenue leakages

Bello in his remarks stated that the commission's visit was hinged on pledging support for efforts of the Minister to…
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