Finance & Economy - Page 61

Forex Crisis: CBN Sells $122.67m To 46 Authorised BDC Operators

Save Naira: CBN Sells $20,000 Forex To BDCs At Reduced Rate Of N1,301/$

the Central Bank of Nigeria (CBN) has once again begun providing foreign exchange to Bureau de Change (BDCs) operators as a way of increasing liquidity in the forex market.

Victor Ezeja

9 months ago

CBN Raises Benchmark Interest Rate To 26.75% Amid Soaring Inflation

Business·Finance & Economy·Latest News

CBN Raises Benchmark Interest Rate To 22.75%

he Central Bank of Nigeria has raised the monetary policy rate (MPR) by 400 basis points to a record 22.75 per cent. This was announced by the CBN governor, Yemi Cardoso

Victor Ezeja

9 months ago

Business·Finance & Economy·Latest News

Peg Import Duty Dollar Rate At N1000/$ – CPPE Urges CBN

The Centre for the Promotion of Private Enterprise (CPPE), has urged the Central Bank of Nigeria (CBN) to peg exchange rate for Customs duty assessment at ₦1,000/$ to alleviate the financial difficulties

Victor Ezeja

9 months ago

Business·Currency·Latest News

CBN Issues New Guidelines For BDCs Operations In Nigeria, Bars Financing Political Activities With Dollars

CBN has released a document containing revised regulatory and supervisory guidelines for Bureau De Change (BDC) Operations in Nigeria.

Victor Ezeja

9 months ago

Business·Currency·Latest News

Adopt Official FX Rate For Import Duty Assessment, CBN Tells Nigeria Customs

Following concerns raised by importers about irregular changes in import duty assessment levies applied by Nigeria Customs Service (NCS), in recent times, the Central Bank of Nigeria (CBN) has directed NCS and

Victor Ezeja

9 months ago

Financial Inclusion Key To Realising Nigeria's $1trn Economy Target - Cardoso

Finance & Economy·Latest News

Why CBN Adopted Market-based Approach In Managing Forex – Cardoso

Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has advanced reasons the monetary authority decided to adopt the policy of allowing market forces determine rates in the foreign exchange market in the

Victor Ezeja

9 months ago

FEATURES·Finance & Economy

Economic Crisis: Nigeria Has No Option Than To Produce For Food Security, Forex Stability – Utomi

The ongoing economic reforms by the current administration in Nigeria have no doubt had a lot of impact on the economy and the citizens in the last nine months. In an exclusive

Victor Ezeja

9 months ago

Business·Latest News·Oil & Gas

NNPCL Destroys 82 Illegal Refineries In 1 Week, Vows To Combat Oil Theft

The Nigerian National Petroleum Company Limited (NNPCL) revealed that it eradicated 82 illegal refineries in the Niger Delta between February 10 and 15, 2024. Speaking on behalf of the corporation, a spokesperson

Emmanuel Ochayi

9 months ago

Business·Latest News·Oil & Gas

Nigerian Oil Marketers Demand End To Dollar Transactions To Alleviate Economic Strain

The Natural Oil and Gas Suppliers Association of Nigeria (NOGASA) has raised a call for an end to dollar transactions within the Nigerian economy, citing the detrimental impact it poses on businesses

Emmanuel Ochayi

9 months ago

High Building Materials Costs: We Need Policies That Promote Investment, Growth Of Construction Industry – Experts

Business·FEATURES·Real Estate

Real Estate Woes: We Need Policies That Promote Investment, Growth Of Construction Industry – Experts

As costs of building materials such as cement, rods, and others continue to rise in Nigeria, experts have underscored the need for the creation of policies and systems that promote investment and

Victor Ezeja

9 months ago

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Finance & Economy - Page 61

Save Naira: CBN Sells $20,000 Forex To BDCs At Reduced Rate Of N1,301/$

CBN Raises Benchmark Interest Rate To 22.75%

Peg Import Duty Dollar Rate At N1000/$ – CPPE Urges CBN

CBN Issues New Guidelines For BDCs Operations In Nigeria, Bars Financing Political Activities With Dollars

Adopt Official FX Rate For Import Duty Assessment, CBN Tells Nigeria Customs

Why CBN Adopted Market-based Approach In Managing Forex – Cardoso

Economic Crisis: Nigeria Has No Option Than To Produce For Food Security, Forex Stability – Utomi

NNPCL Destroys 82 Illegal Refineries In 1 Week, Vows To Combat Oil Theft

Nigerian Oil Marketers Demand End To Dollar Transactions To Alleviate Economic Strain

Real Estate Woes: We Need Policies That Promote Investment, Growth Of Construction Industry – Experts

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