Latest Business News
CBN Directs Banks to Sell Excess Dollars Within 24 Hours
Amid its fresh moves to stabilise the nation’s volatile exchange rate, the…
CBN Warns FX Dealers Against Manipulation as Naira Slides to N1,500
Amid sustained slide of naira, which currently trades around N1,500 in exchange…
NCAA Issues Warning to Airlines and Travelers: Exercise Caution as Weather Conditions Pose Risks This Week
The Nigeria Civil Aviation Authority, NCAA, has warned pilots and airline operators…
1,500 CBN Staff Redeployed, Commence Work at Lagos Office
At least 1,500 members of staff of the Central Bank of Nigeria…
Naira Experiences Significant Decline in Official Market, Falls to N1348/$
In apparent reflection of the dollar scarcity plaguing the economy, the Naira…
CBN Resolves Additional Verified Forex Liabilities, Releases $500 Million
In its determination to address the backlog of verified foreign exchange (forex)…
PalmPay Urges Users to Update BVN and NIN as Unverified Wallets Face Closure Starting Jan 31
Following the CBN’s directive on strengthening Know Your Customer (KYC) procedures for…
