Latest Business News
CBN Approves FX Sales to BDCs at N1,450 Per Dollar
The Central Bank of Nigeria (CBN) has approved the sale of foreign…
Dangote Refinery Accuses IOCs of Frustrating Operations, Demands Direct Crude Supply
The Dangote Refinery has again accused International Oil Companies (IOCs) of frustrating…
CBN Sells Over $122 Million to Authorized Dealers to Stabilize Forex Market
In a bid to promote stability and reduce market volatility in the…
Nigerian Exchange Group Announces Jude Chiemeka as CEO of Nigerian Exchange Limited
The Nigerian Exchange Group Plc (NGX Group) has announced the appointment of…
CBN Directs Banks and Forex Dealers to Accept Old Series, Lower Denominations of Dollars
The Central Bank of Nigeria (CBN) has issued a directive to banks…
Dangote Slams CBN’s 26% Interest Rate, Calls for Support for Manufacturers
Aliko Dangote, Chairman and CEO of the Dangote Group, has criticized the…
CBN Discontinues Foreign Exchange Price Verification System for Importers
The Central Bank of Nigeria (CBN) has announced the discontinuation of its…
CBN Governor Cardoso Reaffirms Commitment to Bank Recapitalization for Economic Growth
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso,…
