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CBN approves forex sales to BDCs at N1,590/$
The Central Bank of Nigeria has announced its decision to sell foreign exchange worth $20,000 to eligible Bureau De Change...
CBN raises interest rate by 50 basis points to 27.25%
The Central Bank of Nigeria (CBN) Monetary Policy Committee has made the decision to raise the interest rate by 50...
Approved Digital Loan Apps in Nigeria Surge to 320 Amid High Demand
The number of companies authorized to provide digital loans to Nigerians, commonly referred to as loan apps, has increased to...
Naira loses over half of its value in Cardoso’s one year in office
The Naira has lost over half of its value in the last one year. According to data from the FMDQ,...
CORAN`s kick as Marketers dump Dangote Refinery for imported petrol
The Crude Oil Refiners Association of Nigeria (CORAN) on Friday has criticized plans by petroleum marketers to import Premium Motor...
CBN to now charge cybercrime levy at 0.005%
The Central Bank of Nigeria (CBN) has confirmed the enforcement of the controversial cybercrime levy at 0.005 percent on all...
FG, states, LGs shared N1.2tn in August
The Federal Accounts Allocation Committee has said it disbursed N1.2 trillion earned as revenue in August 2024 to the Federal...
Seven Nigerian banks rake in N132.45 billion from e-business
Seven leading Nigerian banks have collectively generated N132.45 billion from e-business operations in the first half of 2024, underscoring the...
NNPCL announces pump prices nationwide
The Nigerian National Petroleum Company Limited (NNPCL) has released details on the estimated prices of Premium Motor Spirit (PMS), popularly...
FG Offers Free CNG Conversion For Vehicles
The Federal Government, through its Presidential Compressed Natural Gas Initiative (PCNGi), is offering Lagos residents free vehicle conversions to Compressed...
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