Business

CBN announces new charges on ATM withdrawals

The Central Bank of Nigeria (CBN) has announced the removal of the three free monthly withdrawals for customers using other…

1 year ago

Stock market records 0.04% loss

The Nigerian stock market started the week on a mixed note as the market’s All-Share Index (NGX ASI) depreciated by…

1 year ago

IFC invests $50m in Lagos free zone to boost industrial growth

The IFC has announced an equity investment of $50 million in Lagos Free Zone Company to support the development and…

1 year ago

NPA raises tariff by 15% after 32 years

The Nigerian Ports Authority (NPA) says it is reviewing its charges upward by 15 per cent, citing a need for…

1 year ago

CBN restricts BDCs to one bank for weekly purchase of $25,000

The Central Bank of Nigeria (CBN) has issued new guidelines directing Bureau de Change (BDC) operators to purchase foreign exchange…

1 year ago

CBN extends forex sale period to BDCs

The Central Bank of Nigeria (CBN) has extended the foreign exchange (forex) sale period to Bureau de Change (BDC) operators…

1 year ago

Naira trades N1,495/$ at official market

The naira depreciated at the official market on Monday, February 3, 2025, trading at N1,495.60 to a dollar. Data from…

1 year ago

$3bn Agge seaport set for completion as Oyetola’s team arrive Bayelsa

In efforts to further develop maritime infrastructure and ease congestion at the country's ports, plans are underway to finalise the…

1 year ago

Bitcoin drops below $100,000 as Trump tariffs rattle markets

Cryptocurrency prices slid on Monday, February 3, 2025, with bitcoin at a three-week low and ether at its lowest since…

1 year ago

Canada to challenge Trump’s tariffs at WTO

Canada will file a World Trade Organization (WTO) claim against United States President Donald Trump's tariffs and also seek redress…

1 year ago

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