AdminMar 16, 20171 min readNaira appreciates further against dollarThe Naira on Thursday consolidated its gains against the dollar at the parallel market. The Nigerian currency gained two points to...
AdminMar 16, 20171 min readCBN approves Dollar sale to additional 110 Bureau-de-Change operatorsThe Central Bank of Nigeria (CBN) has cleared 110 more Bureau-de-Change operators to take part in the weekly dollar sale to boost...
AdminMar 14, 20171 min readEconomic recovery: Nigeria’s inflation rate drops to 17.78 percent – NBSInflation rate in Nigeria in February fell to 17.78 percent from 18.72 percent that it was in January. According to a report released by...
AdminMar 13, 20172 min readFG tells CBN to extend BVN to Micro-Finance BanksThe Minister of Finance, Mrs Kemi Adeosun, has asked the Central Bank of Nigeria (CBN) to extend Bank Verification Number (BVN)...
AdminMar 13, 20171 min readDomestic borrowing: FG offers new retail savings bondThe Debt Management Office (DMO) has opened bidding for a new two-year savings bond targeted at retail investors. According to DMO, the...
AdminMar 12, 20171 min readNaira to appreciate further as CBN plans more dollar supplyAs the Naira continues to appreciate against the dollar and other foreign currencies, indications emerged on Sunday that the Central Bank...
AdminMar 12, 20172 min readHow NCC, CBN, banks achieved bail out for Etisalat – Tony OjoboNigerian Communications Commission, NCC, and the Central Bank of Nigeria, CBN, have secured a reprieve for Etisalat, which is facing a...
AdminMar 8, 20172 min readInjecting dollars into Forex market to strengthen Naira, an artificial solution – ExpertAn economist, Dr Anthony Aziegbemi, described the Central Bank of Nigeria’s (CBN) latest strategy of strengthening the value of Naira by...
AdminMar 8, 20171 min readNaira crashes against the dollarThe Naira on Wednesday crashed against the dollar at the parallel market. The local currency has weakened to N465 per dollar as against...
AdminMar 7, 20171 min readAccess Bank’s gross earnings hit N381.32bn in 2016Access Bank on Monday announced gross earnings of N381.32 billion for the financial year ended Dec. 31, 2016, the News Agency of Nigeria...
AdminMar 6, 20171 min readNaira strengthens further against dollarThe Naira on Monday, appreciated against the American dollar at the parallel market. The local currency has strengthened to N460 per...
AdminMar 6, 20171 min readCBN orders banks to meet forex demand within 48 hoursThe Central Bank of Nigeria, CBN, has directed Money Deposit Banks to henceforth process and meet the demand for dollars and other...
AdminMar 3, 20171 min readRecession: Buhari’s government should ignore IMF – NLCThe Nigerian Labour Congress (NLC) has advised the Federal Government not to heed any suggestion by the International Monetary Fund (IMF)...
AdminMar 3, 20171 min readNaira crashes against dollar, other currencies againNigerian currency, naira has crashed to N458 per dollar as against the N455 it closed March 1. The Naira also weakened to N540 against...
AdminMar 2, 20171 min readMTN loses $200m‎ in 2016South African Telecoms Company, MTN, Thursday announced first ever loss since its inception in Nigeria. The company said it made a $200m...
AdminMar 2, 20172 min readRecession: MURIC charges government to introduce cow tax, party levyMuslim Rights Concern (MURIC) has advocated the introduction of ‘cow tax’ and ‘party levy’ as a way of dealing with recession in the...
AdminMar 2, 20171 min readNaira remains stable at parallel marketNaira on Wednesday remained stable at the parallel market, exchanging at N450 to a dollar, the News Agency of Nigeria reports. The Pound...
AdminMar 1, 20172 min read2016: Dangote ends Nigeria’s Cement importationDangote Cement in the year 2016 sold 8.6 million metric tons of cement outside the country. The development shows that it sold 54 per...
AdminFeb 28, 20172 min readNaira further regains strength at N425 dollar in parallel marketThe naira continued to regain strength and appreciate in value in the parallel market on Tuesday as it was sold for N425 to a dollar....
AdminFeb 28, 20175 min readHow Cokodeal.com trades made in Nigeria products beyond bordersCokodeal.com is an ecommerce marketplace trading solely Made in Nigeria products for domestic, continental, and global markets. In this...
