Business

Things to know as CBN begins sales of dollars to BDCs

The Nigerian Central Bank has declared its intention to offer foreign exchange valued at $20,000 to all qualified Bureau De…

1 year ago

Naira vs USD: “Who gave you such advice” – Peter Obi tackles Tinubu over BDC

The Labour Party's 2023 presidential candidate, Peter Obi, believes it was a bad idea for the Economic and Financial Crimes…

1 year ago

Naira vs USD: CBN to ban street trading, mulls fresh guidelines for BDCs

The Central Bank of Nigeria has announced new rules to Bureau De Change Operators in Nigeria, including the possibility of…

1 year ago

Why fuel queues resurfaced in Lagos, Abuja – Marketers

Fuel marketers attribute the resurgence of lines in Lagos and the Federal Capital Territory to supply disruptions. Billy Gillis-Harry, the…

1 year ago

Otti appeals for finance, logistics support from US

The governor of Abia State, Alex Otti, has requested assistance from the US consulate in promoting investment, commerce, and other…

1 year ago

Cement Price hike: Nigerian Senate takes drastic step

The Nigerian Senate will investigate the recent increase in cement prices in Nigeria. Deputy Senate Leader Lola Ashiru expressed worries…

1 year ago

CBN increases exchange rate for cargo clearance to N1,605 per US dollar

In light of the ongoing foreign exchange crisis, the Central Bank of Nigeria increased the exchange rate for cargo clearance…

1 year ago

Cement price: Nigerian govt promises to fix roads, reduce import duties

The federal government promises to focus more on road maintenance and look into reducing import duties and petrol prices to…

1 year ago

Three states emerge highest in foreign investments in Nigeria – NBS

In the fourth quarter of 2023, the states with the largest foreign investments were Lagos, the Federal Capital Territory, and…

1 year ago

Cement price surges to N15,000 in Abuja

According to ZINGTIE, the price of a 50 kg bag of cement in the Federal Capital Territory has increased to…

1 year ago