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CBN begins sales of dollars to BDCs

The Central Bank of Nigeria has declared its intention to sell foreign exchange valued at $20,000 to all qualified Bureau De Change operators nationwide. This...

Prayers can’t pitch naira against US dollars – Omokri tackles Pastor...

Prayers can’t pitch naira against US dollars – Omokri tackles Pastor Adeboye Reno Omokri, a sociopolitical critic, has tackled the Redeemed Christian Church of God,...

Chinese yuan strengthens to 7.1283 against dollar

The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 22 pips to 7.1283 against the dollar on Tuesday, according to...

CBN cannot continue selling dollars to people who buy arms –...

CBN cannot continue selling dollars to people who buy arms – Emefiele NEWS DIGEST - The Central Bank of Nigeria (CBN) says it cannot continue...

Euro at one-month low vs dollar; yuan set for worst month...

NEWS DIGEST - The euro plunged to a one-month low against the dollar on Friday as investors looked for aggressive easing by the European...

Dollar steady near two-year high, U.S. GDP awaited

NEWS DIGEST - The dollar held steady close to a two-year high against its peers on Friday, supported by data showing strong U.S. capital...

Pound holds above $1.3 as crunch Brexit talks continue

NEWS DIGEST - Sterling held above $1.3 on Monday but traded in a narrow range reflecting nervousness in the market about key Brexit talks...

Buhari’s gov’t withdrew $3.2bn from NLNG dividend account in 3 years,...

Buhari's gov’t withdrew $3.2bn from NLNG dividend account in 3 years, CBN confirms NEWS DIGEST- Twenty-two withdrawals totalling 3.12 billion dollars were made from the...

Kaduna needs $65.5 billion to provide infrastructure – El-Rufa’i

Kaduna needs $65.5 billion to provide infrastructure – El-Rufa’i NEWS DIGEST - Kaduna State Government, says it will require up to 65.5 billion dollars to...

Osinbajo says ERGP labs will generate 24 Billion Dollars investment

NEWS DIGEST - Vice President, Prof. Yemi Osinbajo, on Thursday said the launch of the Economic and Growth Recovery Plan (ERGP) Focus Laboratories could...
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