China’s State Banks Engage in Offshore Dollar Sales to Curb Yuan Declines.
In the early hours of Thursday, major state-owned banks in China were observed engaging in dollar selling to purchase yuan...
Widening Gap After Exchange Rate Unification: I&E Window vs. Parallel Market Rate.
The recent unification of the exchange rate in Nigeria aimed to close the gap between the Investors and Exporters (I&E)...
CBN to Release Full List of Licensed Bureau De Change Operators
The Central Bank of Nigeria (CBN) has announced that it will be releasing the complete list of licensed Bureau De...
Ecobank Nigeria to Appeal N72 Billion Judgment in Favor of Honeywell Flour Mills
Ecobank Nigeria Limited has announced its decision to appeal a recent judgment delivered by the Federal High Court in Lagos,...
Britain to add Nigeria’s naira to list of accepted trade currencies.
In a move signaling its commitment to bolstering trade ties with Nigeria, Britain's export finance agency has announced the inclusion...
Naira-Dollar Exchange Rate Plummets to Lowest Ever at N803/$1
The exchange rate between the Nigerian Naira and the United States Dollar fell to N803/$1 at the investor and exporter...
President Tinubu Vows to Recover Nigeria from Vested Interests.
President Bola Tinubu expressed his determination to reclaim Nigeria from vested interests that have hindered its progress during a meeting...
Gold set for best week in 14 on expected pause in Fed rate hikes
Gold prices experienced a slight decline on Friday after a five-day rally, as expectations of a pause in U.S. interest...
Reps To Probe N14trn Revenue Loss From Alleged Abuse Of Tax Incentives, Waivers.
The Nigerian House of Representatives has announced its decision to initiate an investigation into allegations of abuse of tax incentives,...
NLC Demands 300% Salary Increase From FG.
The Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have criticized President Bola Tinubu's proposed N500 billion palliative...
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