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