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Thursday, August 13, 2020
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CBN resumes dollar sales for SMEs, school fees

In view of the gradual easing of the COVID-19 lockdown both globally and in Nigeria, the Central Bank of Nigeria (CBN) says...

Naira Falls To N410/$ on Parallel Market

Nigeria’s local currency, the Naira, depreciated to N410 to the US dollar on the Parallel market on Friday in the face of...

Naira Hits New Low at N395 per US Dollar on Black Market

The Nigerian Naira fell to a new low on the black market as it fell to N395 to the dollar on Monday.

CBN denies Naira devaluation

Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele on Saturday clarified that the recent jump in foreign exchange rate...

CBN devalues naira to N380/$1

Barley a week after it insisted that it was not about to devalue the naira, the Central Bank of Nigeria (CBN) yesterday...

Coronavirus: CBN reduces interest rate on N3tn intervention fund to 5%

The Central Bank of Nigeria on Monday announced policy measures to tackle the impact of Coronavirus on the economy.

Naira crashes as dollar sells for N420

On Thursday, the naira exchanged between N405 and N420 to a dollar in the Bureau De Change segment of the market.

Analysts Predict Naira Devaluation To N400/$

According to analysts, the Nigerian currency is expected to depreciate between 10 and 20 per cent next year as the impact of...

N50 POS charge to be paid by businesses NOT customers – CBN

Central Bank of Nigeria (CBN) has urged customers not to pay N50 charge to businesses for using point of sale (POS)...

MTN Nigeria signs N200bn syndicated loan with 7 local banks

MTN Nigeria Communications Plc on Friday signed a seven-year 200 billion naira medium term facility with a consortium of seven mostly local...

Naira remains stable at N359 to dollar at parallel market

The Naira on Monday remained stable at the parallel market in Lagos, exchanging at N359 to the dollar. The...

Emirates Unveils its Pavilion for Expo 2020 Dubai Focusing on Future of Commercial Aviation

Emirates, Premier Partner and the Official Airline of Expo 2020 Dubai, today unveiled the design and visitor experience concepts of its ultramodern...
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NBC fines radio station N5m over Mailafia interview

Recall the Commission recently unveiled its Reviewed Broadcasting Code in Lagos and raised the fine for hate speech from N500,000 to...

NBC to sanction broadcast stations that insults president, governors, senators

The National Broadcasting Commission (NBC) has threatened to sanction broadcast stations over messages that “insult” Nigerian leaders and elders.

I remain Unilag Vice Chancellor – Prof Oluwatoyin Ogundipe

Prof. Oluwatoyin Ogundipe remains the Vice-Chancellor of University of Lagos. The Vice Chancellor, University of Lagos, Prof. Oluwatoyin...

Woman shows her two husbands and they all live happily in the same home [PHOTO]

A woman from the United States of America identified as Kenya Stevens has shocked everyone by showing off her two husbands.