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Category: Finance

June 13, 2024Finance

CBN tightening of monetary policy won’t curb inflation — World Bank

Contrary to analysts’ predictions, the World Bank suggests that the tightening of monetary policy by the Central Bank of Nigeria (CBN) may […]

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June 11, 2024Finance

Emefiele’s Trial: Buhari gave approval for Naira redesign – Ex-CBN Director

The trial involving the former Governor of the Central Bank of Nigeria, CBN, Mr. Godwin Emefiele, resumed before the High Court of […]

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June 7, 2024Finance

Naira appreciates to N1,470 /$ in parallel market

The Nigerian Naira experienced positive movement in the exchange rates today, with the parallel market showing an appreciation to N1,470 per dollar […]

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May 31, 2024Finance

Customs FX rate moves up by 23 per cent, increases to N1,474/$

The Nigeria Customs Service (NCS) announced an increase in the foreign exchange (FX) rate for import duties to N1,474.69 per dollar last […]

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May 25, 2024Finance, Technology

Nigerian airports most expensive globally – NAHCO

The Nigerian Aviation Handling Company Plc has announced a revenue target of N100 billion to be achieved within the next five years. […]

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May 17, 2024Business, Finance

Tinubu to Chinese executives: Your investments in Nigeria safe

President Bola Tinubu, in a meeting with Chinese business executives, reassured them of the safety of their investments in Nigeria. He emphasized […]

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May 12, 2024Finance, Technology

Nigeria’s oil production grows marginally by 4% to 1.28mbpd

Nigeria saw a slight uptick in its crude oil production during April 2024, with a four percent increase to 1.28 million barrels […]

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May 12, 2024Environment, Finance

NNPC, NOSL target 40,000bpd as OML 13 begins production

NNPC Limited made a significant announcement on Sunday, revealing that its upstream subsidiary, NNPC Exploration and Production Limited (NNPC E&P Ltd), in […]

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May 11, 2024Finance

Alleged Fraud: Court acquitted me of N52.5m, not N93bn — Boni Haruna

Former Governor of Adamawa State, Mr. Boni Haruna, disputed a report suggesting that the Economic and Financial Crimes Commission (EFCC) had prosecuted […]

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May 9, 2024Finance

Reps orders CBN to halt implementation of 0.5% levies on e-transactions

The House of Representatives has instructed the Central Bank of Nigeria, CBN, to halt the planned enforcement of the cybercrime levy of […]

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