The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has said that Nigerians are paying over 200 unofficial taxes. Oyedele said this...
The Central Bank of Nigeria has removed the exchange rate cap for ease of transaction for international money transfer operators.
The Abuja Chapter of the Association of Bureau De Change (BDC) Operators has declared an indefinite closure of their business premises, effective Thursday, February 1, 2024....
The naira experienced a historic low of N1,530 against the dollar in the parallel market, indicating a 4.08% decline from the previous day’s rate of N1,470/$....
In a bid to stabilize the nation’s exchange rate, the Central Bank of Nigeria (CBN) has directed Deposit Money Banks to divest their excess dollar holdings...
The Minister of State, Petroleum Resources (Gas), Ekperikpe Ekpo, has praised Nigerian companies for their courage and hard work in expanding gas operations in line with...
The naira depreciated further to N1,482.57 against the dollar at the official window, also known as the Nigerian Autonomous Foreign Exchange Market (NAFEM), on Tuesday. At...
The Nigerian National Petroleum Company Limited (NNPC Ltd) yesterday said it has held talks with a South Korean consortium led by Daewoo E & C on...
OPay, a Nigerian financial technology firm, has implemented various security measures to prevent financial fraud. The initiative was aimed at improving the platform’s security and protecting...
The Central Bank of Nigeria (CBN) headed by Mr. Olayemi Cardoso, has asked all authorised dealers in the foreign exchange market to desist from reporting inaccurate...
