CBN denies selling FX to BDCs at N1,001/$1
The Central Bank of Nigeria (CBN) has denied claims that it is selling foreign exchange (FX) to bureau de change ...
Monday, August 24, 2026
Petrol price stands at N696.79 in March – NBS
The National Bureau of Statistics (NBS) reported that the average retail price of a litre of petrol jumped from N246.29 ...
Google fires 28 Employees Involved in Protest of Israeli Cloud Contract
Google announced on Thursday that it has let go of 28 workers after some of them took part in demonstrations ...
NPA secures $700m loan for Apapa, Tincan ports rehabilitation
The Nigerian Ports Authority says has secured a $700m loan from Citibank for the rehabilitation of the Apapa and Tincan ...
Grid collapse: FG deploys technology to detect sudden power drop
In a bid to address the recurrent collapse of Nigeria’s power grid, the Federal Government has deployed a new technology ...
Fluctuating exchange rate affecting container traffic – CPPE
The Centre for the Promotion of Private Enterprise has said that the fluctuating exchange rate has adversely affected container traffic, ...
FG to execute $3.8bn gas supply agreement in May
The Gas Supply and Purchase Agreement to support the Final Investment Decision for the $3.8bn Brass methanol project is to ...
E-Money commits to raise Junior Pope’s children
Emeka Okonkwo, called E-Money, a popular businessman and socialite, has committed to care for the children of the late Nollywood ...
Naira depreciates to N1,105/$ in parallel market
Yesterday, the Naira dropped to N1,105 per dollar on the parallel market, down from N1,100 on Tuesday. However, the nugeria ...
Central Bank of Nigeria (CBN) Reduces Banks’ Loan-to-Deposit Ratio to 50%
The Central Bank of Nigeria (CBN) has rolled out a new directive impacting all Deposit Money Banks (DMBs), slashing the ...
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