Category: Local

The Central Bank of Nigeria (CBN), Mr Godwin Emefiele has announced that the new CBN policy to improve the Diaspora…

The Nigerian Stock Exchange (NSE) yesterday said from Monday, December 7, the Stamp Duty rate of 0.08 per cent on…

‘Clearing agents lose average of N300m to illegal collection’ Importers, clearing agents and truck owners have expressed concerns over worsening…

Empower New Energy and Rensource have teamed up to create the largest power purchase agreement for solar energy in the…

Oil extended gains toward $50 a barrel after OPEC+ reached a compromise deal to gradually taper production cuts, ending days…

After hitting a four year low on Monday, the Naira has staged a minor rebound due to a broadly weaker…

The unstable nature of the naira is a very troubling development for key industry players and will continue to shape…

There is palpable excitement among Forex users as the Central Bank of Nigeria’s (CBN) new policy that allows unhindered access…

The Federal and Lagos State governments Thursday insisted that less than 800 houses might be demolished to pave way for…

It is no big reveal that Africa’s largest economy, Nigeria, is the sixth biggest remittance recipient in the world. Last…

Abuja — The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, has said that following the introduction of the…

Nigerian banks will on Friday commence dollar payout for diaspora inflows and close naira remittance accounts after the regulator eased…

The Naira’s fighting spirit continued on Thursday and at the close of business, it finished stronger against the United States…

ECONOMY The Lagos Chamber of Commerce and Industry (LCCI) has predicted that capital inflows into the Nigerian economy will remain…

The governor of the Central Bank of Nigeria (CBN) Godwin Emefiele says the embrace of the parallel market exchange rate…

OPEC and a group of Russia-led oil producers agreed to increase their collective output by 500,000 barrels a day next…

International money transfer operators (IMTOs) and commercial banks in the country have agreed to start paying beneficiaries of diaspora remittances…

The Vice President, Prof. Yemi Osinbajo, on Thursday, said Nigeria requires about $3tn over the next 30 years to bridge…

The Minister of State for Petroleum Resources, Timipre Sylva, on Thursday, assured that the country will record more outstanding results…

The Governor of the Central Bank of Nigeria, Godwin Emefiele, on Thursday said the target of the CBN was for…

LONDON — OPEC and non-OPEC allies, after days of tense discussions, agreed on Thursday to increase production by 500,000 barrels…

Nigeria has generated a total of N7.8 trillion from company income tax (CIT) from January 2015 till end of last…

Nigeria’s central bank has introduced special bills to manage excess liquidity on the money market awash with naira after foreign…

Kenya’s and Uganda’s currencies are expected to remain stable in the coming week. Zambia’s is expected to be under pressure…

Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, on Thursday said that the apex bank was eyeing close to…

The Nigeria National Petroleum Corporation (NNPC) has said that the withdrawal of over $21 billion from the Nigeria Liquefied Natural…

DESPITE an estimated annual diaspora remittance of $24 billion, international money transfer operators (IMTO) have been shortchanging recipients by delivering…

The Economic and Financial Crimes Commission (EFCC) told a Federal High Court in Abuja on Thursday that it has taken…

An investment expert and Chief Executive of EFG Hermes Nigeria Limited, Lilian Olubi, has said that rising oil prices would…