The Governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso has said about $26 billion was moved by unknown sources…
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BUSINESS
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Henceforth, bureau de change (BDC) operators are expected to sell foreign exchange (FX) to end users at one percent margin of the…
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BUSINESSFEATURED
Geometric Power Plant Commissioned: Prof. Barth Nnaji Happy With AMCON, Afrexim, BOI, CBN, Others
History was made today in Aba Abia State when the Vice President of the Federal Republic of Nigeria, Senator Kashim Shettima commissioned…
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President Bola Tinubu (right) with Peter Obi Peter Obi, The 2023 presidential candidate of the Labour Party, Mr. Peter Obi has said…
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By NewsBits The Enugu Electricity Distribution Company (EEDC) has said that it will effect its technical implementation for the Standard Transfer Specification…
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The Central Bank of Nigeria (CBN) is mulling an increase in the share capital of Bureau De Change (BDC) operators to N2…
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BUSINESSFEATUREDNEWS
President Bola Tinubu Changes The Executive Management Of AMCON, NCC, NIGCOMSAT
By NewsBits Nigeria President Bola Ahmed Tinubu has approved the appointment of a new four-man management team for the Asset Management Corporation…
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BUSINESSFEATURED
IMF Predicts Further Depreciation Of Naira By 35% To Hit N2,081/$1 In Official Market
The International Monetary Fund (IMF) has warned that the exchange rate of the Naira may further depreciate by about 35 percent this…
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The raid of bureau de change (BDC) operators continued on Wednesday with the operatives of the Economic and Financial Crimes Commission (EFCC)…
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The Lagos State Environmental Taskforce, on Thursday, arrested 110 persons suspected to be destroying and stealing rail track. The suspects were arrested…