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The Naira has appreciated to N1,587.29/$1 in the official market as EFEMS drives transparency and market efficiency. The launch of Electronic Foreign Exchange Matching System (EFEMS)...
Heritage Bank customers have begun receiving funds from The Nigeria Deposit Insurance Corporation (NDIC) deposited in the bank two weeks after the bank lost its license....
The Federal High Court sitting in Lagos on Thursday ordered an interim forfeiture of the sums of $4,719,054, N830,875,611, and several properties linked to Godwin Emefiele,...
Some point-of-sale operators in Abuja have condemned the Corporate Affairs Commission’s directive that PoS agents register their businesses. The CAC issued a two-month registration deadline on...
The naira appreciated against the dollar by 5.97 per cent at the official market by the close of Wednesday’s trading session, according to data from the...
The Central Bank of Nigeria on Monday disclosed that it sold $10,000 to each Bureau De Change operators at a rate of N1,251 per U.S. dollar....
The naira experienced a slight appreciation at the official market, trading at N1,431.49 to a dollar on Friday. Data from the official trading platform of the...
Aliyu Abdulhameed, former managing directing, Nigeria Incentive-Based Risk Sharing System for Agricultural Lending, NIRSAL Plc, will be arraigned by the police on March 13 on allegations...
The Federal Government says the President Bola Tinubu administration is mobilising its Ministries, Departments and Agencies to “bring down inflation, stabilise the foreign exchange rates and...
Former Deputy Governor of the Central Bank of Nigeria in charge of Financial System Stability, Aisha Ahmad has been reportedly arrested and currently detained by the...
