NASS passes Finance Bill, imposes 70% levy on Banks’ windfall forex profits
The National Assembly on Tuesday passed proposed amendment to the Finance Act which seeks…
Dormant accounts are more susceptible to fraud – Cardoso
Olayemi Cardoso, the governor of Central Bank of Nigeria (CBN), says dormant…
CBN injects $106.5m into forex market amid demand surge
The Central Bank of Nigeria (CBN) on Friday said it sold the…
Why inflation may increase – NESG
The Nigeria Economic Summit Group (NESG) has said the inflationary pressures in…
CBN approves sale of FX to BDCs at N1,450/$
CBN has approved the sale of foreign exchange (FX) to eligible bureau…
Court rejects Emefiele’s plea to travel abroad for medical treatment
A federal capital territory (FCT) high court in Maitama has rejected an…
Nigerian senators reject bill seeking to reduce CBN’s regulatory power on FX market
Nigerian senators have rejected a bill seeking to amend the Foreign Exchange…
CBN sells $122.671 million to 46 authorised dealers
The Central Bank of Nigeria, CBN, has sold the sum of USD122,671,000.00…
CBN will act as needed to tame inflation, says Cardoso
Nigeria's central bank will do whatever is necessary to tame double-digit inflation…
Nigeria’s external reserves increase to $35bn, first time in over a year
Nigeria’s external reserves increased to $35.05 billion on July 8 — the highest…