Business

Naira depreciates, exchanges at 456.50 to dollar

The naira, on Friday, exchanged at 456.50 to the dollar at the Investors and Exporters window. The figure represented a…

3 years ago

CBN: Cash withdrawals limit not based on politics

The Central Bank of Nigeria (CBN) says its cash withdrawals limit policy is not based on politics, stressing that it…

3 years ago

FEC approves N13bn Group Insurance fee for Police

The Federal Executive Council (FEC) has approved N13.3 billion for the provision of group life assurance scheme for the Nigerian…

3 years ago

Bayelsa receives N90bn from excess crude accounts

The Bayelsa State government has confirmed it got N90 billion from the Excess Crude Account (ECA) from the Federal Government…

3 years ago

NUPRC opens bid round for seven offshore oil blocs

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the Mini Bid Round 2022 for new crude oil exploration and…

3 years ago

CBN reviews cash withdrawals to N500,000 weekly

The Central Bank of Nigeria (CBN) has set N500,000 as the maximum limit for weekly cash withdrawal over the counter…

3 years ago

Emefiele to Reps: I’m ill, can’t appear to defend cashless policy

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says he will not be able to appear before…

3 years ago

Lekki Port begins commercial operations

The newly-completed Lekki Deep Seaport is ready for inauguration and for commercial operations. The Managing Director of Lekki Port Lagos…

3 years ago

Naira redesign: Traders explain why they’re rejecting new notes

Six days after the new naira notes went into circulation, some traders are still finding hard to accept it as…

3 years ago

Naira loses to dollar, exchanges at N452.67

The naira, on Tuesday, exchanged at N452.67 to the dollar at the Investors and Exporters window. The figure represented a…

3 years ago

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