By Modupe Gbadeyanka The House of Representatives on Thursday asked the Central Bank of Nigeria (CBN) to peg the exchange rate for customs duties below N1,000....
By Adedapo Adesanya The federal government has said there would be no need to import food items into the country amid soaring food costs. The Minister...
By Modupe Gbadeyanka The Central Bank of Nigeria (CBN) has directed authorised foreign exchange (FX) traders, particularly commercial banks, from disbursing cash to customers for Business...
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has stopped international oil companies (IOCs) operating in Nigeria from immediately remitting 100 per cent of their...
By Adedapo Adesanya Kogi State, which is one of Nigeria’s food-producing states, had the highest food inflation in January 2024 with prices of food rising by...
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has yet again raised the exchange rate for the clearance of goods from N1,444.56/$ to N1515.09/$1, indicating...
By Aduragbemi Omiyale President Bola Tinubu is holding an emergency meeting with the 36 state governors, the Minister of the Federal Capital Territory (FCT), the Inspector...
By Dipo Olowookere Despite the efforts of the Central Bank of Nigeria (CBN) to bring stability into the foreign exchange (FX) market to strengthen the Naira,...
By Adedapo Adesanya Nigeria’s headline inflation neared the 30 per cent mark as it increased by 0.98 per cent to 29.90 per cent in January 2024...
By Adedapo Adesanya President Bola Tinubu has sought the confirmation of the Senate for the appointment of a chairman and members Monetary Policy Committee (MPC) of...