Naira depreciates by 1.4% as CBN extends FX sales deadline
The Naira depreciated at the official market on Monday, trading at N1,495.60 to a dollar. Data from the FMDQ Security...
CBN extends FX sale period to BDCs
The Central Bank of Nigeria (CBN) has extended the Foreign Exchange (FX) sale period to Bureau de Change (BDC) operators...
CBN approves listing of CFA on NXP forms for export repatriation proceed
The Nigeria Export Promotion Council (NEPC) says that Central Bank of Nigeria (CBN) has approved CFA Franc to be captured...
Naira ends week stronger against Dollar, gaining N11.17
The Naira further appreciated in the official market on Friday, trading at N1,474.78 to the Dollar. Data from the...
Coca-Cola unveils packaging hub to address waste collection challenge
The Coca-Cola System in Nigeria, comprising of Coca-Cola Nigeria Ltd. and its authorised bottler, Nigerian Bottling Company (NBC), has unveiled...
Naira appreciates by 0.7% at official market
The Naira appreciated at the official market on Tuesday trading at the N1,522.68 to a Dollar. Data from the FMDQ...
CBN unveils new FX code to reform market practices
Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, on Tuesday, unveiled a new Foreign Exchange (FX) Code to...
CBN Governor announces new Compliance Department, projects 4.17% GDP
Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, on Thursday, announced plans to establish a Compliance Department...
Market gains N472bn as investors react to NCC’s tariff hike
The equity market gained N472 billion, or 0.75 per cent, on Tuesday as investors responded to the 50 per cent...
Stock market dips further, sheds N931bn
The equity market, on Wednesday, dipped further as the market capitalisation shed N931 billion or 1.47 per cent to close...
CBN sanctions nine banks for failing to dispense cash via ATMs
The Central Bank of Nigeria (CBN) has sanctioned some Deposit Money Banks (DMBs) for failing to make Naira notes available...
Naira depreciates by 0.3% at official market
The Naira recorded a slight loss at the official market on Wednesday, trading at N1,539.39 per dollar. Data from the...
GTCO Plc announces successful completion of first phase of its Equity Capital Raise Programme; raises N209bn
Guaranty Trust Holding Company Plc (“GTCO Plc” or the “Group”) (NGX: GTCO) is pleased to announce the successful completion of...
Fidelity Bank launches ‘Bundles of Joy’ Initiative to support children with special needs and their families
Fidelity Bank launches 'Bundles of Joy' Initiative to support children with special needs and their families As part of its...
Debt: NCC grants MTN approval to disconnect Exchange Telecommunications
The Nigerian Communications Commission (NCC) has approved the disconnection of Exchange Telecommunications Ltd. from MTN Nigeria network due to the...
Dangote, MRS partner to sell petrol at N935 per litre nationwide
Nigeria Dangote Refinery has partnered with MRS Oil and Gas to sell petrol at N935 per litre at retail outlets...
Yuletide: Dangote reduces petrol price
The Dangote Petroleum Refinery has reduced the price of its Premium Motor Spirit (PMS), also known as petrol, to N899.50k...
FirstBank subsidiary becomes registered nominee company
First Bank of Nigeria Ltd. says its subsidiary, First Nominees Nigeria Ltd., has been registered by the Securities and Exchange...
Tinubu hails Shell’s $5bn Bonga north investment
President Bola Tinubu, on Monday, lauded the $5 billion Final Investment Decision (FID) made by Shell and its partners on...
All denominations of Naira banknotes valid indefinitely – CBN
The Central Bank of Nigeria (CBN) says all denominations of Naira banknotes currently in circulation remain indefinitely valid as legal...
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