CBN directs all BDCs to reapply for licence, meet new requirements by June 3
Akudo Abengowe The Central Bank of Nigeria (CBN) has directed all existing Bureau de Change operators (BDCs)...
Investment
Borrowers face surge in interest payment after CBN’s rate hike
Customers who borrowed money from the banks will begin to witness a surge in interest...
Ruto to meet Biden for talks on Kenyan debt relief this week
U.S. President Joe Biden will host Kenyan President William Ruto this week for extensive discussions...
Why TotalEnergies chose Angola over Nigeria for $6B energy project
French oil major TotalEnergies has chosen Angola over Nigeria for a $6 billion energy project....
Naira up by 0.22%, trades for N1,465/$ at official market
The Naira traded for N1, 465.68 to a dollar at the official market on Tuesday....
Nigeria’s interest rate increment will worsen the economy – Peter Obi
Peter Obi, the presidential candidate of the Labour Party in the last general election, has...
Naira records first gain at official market after rate hike
Naira has recorded a marginal appreciation of 0.39 percent at the official foreign exchange (FX)...
Eight years after, FG poised to complete $700m OB3 gas pipeline project in March
The Federal Government has announced that the $700m Obiafu/Obrikom/Oben gas pipeline, popularly called OB3, would...
Top 5 products Nigeria imported from the UK in 2023
The trade partnership between Nigeria and the UK is a testament to the enduring ties...
Exchange rate means nothing, what matters to Nigeria is stability – Afreximbank chair, Oramah
The President and Chairman of the Board of Directors of the African Export-Import Bank (Afreximbank),...