Senate Approves Finance Act Amendment, Raises Banks’ Windfall Levy to 70%
In a significant move, the Nigerian Senate has passed an amendment to the 2023 Finance Act, increasing the windfall levy ...
In a significant move, the Nigerian Senate has passed an amendment to the 2023 Finance Act, increasing the windfall levy ...
Nigeria's external reserves have reached $37.05 billion as of July 18, 2024, according to the Governor of the Central Bank ...
The Central Bank of Nigeria (CBN) has raised the interest rate by 50 basis points, bringing it to 26.75%. This ...
The Central Bank of Nigeria (CBN) has reported a significant increase in foreign exchange inflows through International Money Transfer Operators ...
The exchange rate for customs duties collection by the Nigeria Customs Service (NCS) has increased, surpassing the official market rate ...
The Central Bank of Nigeria (CBN) has taken decisive action to stabilize the foreign exchange market by injecting $122.67 million ...
The naira began Thursday's trading session on a weaker note against the British pound sterling, surpassing the N2,000 threshold. Concurrently, ...
In a significant revelation, the Presidency has disclosed that Nigeria’s expenditure to defend the Naira plummeted to $1.5 billion per ...
Despite the Central Bank of Nigeria's (CBN) efforts to boost foreign exchange reserves, total direct FX remittances dropped by 6.28% ...
Amidst the dollar's recent robust performance, the Nigerian naira steadfastly maintained its bullish trajectory this week, bolstered by lingering concerns ...
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