Business

CBN to raise minimum capital for bureau de change operators to N2bn

The Central Bank of Nigeria (CBN) has concluded plans to increase the minimum capital requirements for Bureau De Change (BDC)…

2 years ago

CBN to Customs: Use official forex rate for import duty

The Central Bank of Nigeria (CBN) has urged the Nigeria Customs Service (NCS) and other related parties to adopt the…

2 years ago

N2trn Jan revenue: FAAC shares N1.14trn to FG, states, LGCs

The Federation Account Allocation Committee (FAAC) has shared N1,149.816 billion to the Federal Government, States and Local Government Councils of…

2 years ago

NACCIMA writes CBN, proffers solutions to naira depreciation, inflation

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has proffered short, medium, and long-term strategies to…

2 years ago

FG threatens to open borders for cement importation

The Federal Government has declared that it might open the borders for cement importation, if manufacturers of the product fail…

2 years ago

FG intercepts 45 trucks of maize, uncovers 32 smuggling routes in Sokoto

Forty-five trucks of maize being smuggled to neighbouring countries have been intercepted in Sokoto State. Vice President Kashim Shettima made…

2 years ago

U.S., Ekiti officials parley on economic growth, cocoa devt

Governor Biodun Oyebanji has solicited the support and partnership with the United States of America in developing the critical economic…

2 years ago

FG to raise $10bn for forex liquidity, Naira stability

The Federal Government has expressed determination to raise at least $10 billion to increase foreign exchange liquidity to stabilise the…

2 years ago

Naira: ONSA partners CBN to stabilise forex market

The Office of the National Security Adviser (ONSA) has announced a partnership with the Central Bank of Nigeria (CBN) to…

2 years ago

First Bank to reward customers with N36m in cash out promo

First Bank has launched the second season of its Cash Out Promo designed to reward the bank customers with N36…

2 years ago

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