Nigeria has secured a $1.1 billion loan from the African Development Bank to provide electricity for 5 million people by the end of 2026. President Bola...
Governor of the Central Bank of Nigeria, Olayemi Cardoso, has issued a stern warning to commercial banks and Bureau De Change operators over compliance with its...
The Nigerian currency, the naira, appreciated massively against the dollar in both parallel and official foreign exchange markets on Tuesday. On the black market, the naira...
Abuja Electricity Distribution Company, AEDC, has confirmed a power outage in parts of the Federal Capital Territory, Abuja. AEDC disclosed this in a statement on Tuesday....
The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, has said the issuance of gas distribution licences to petroleum marketers is instrumental in repositioning the...
The Nigeria Customs Service has issued a 30-day deadline for consignment imports clearance at the nation’s port terminals. The spokesperson of NCS, Abdullahi Maiwada, disclosed this...
There can be no better time than now for the take-off of the National Single Window initiative aimed at eliminating bureaucratic delays in export and import...
The Central Bank of Nigeria has granted a waiver to authorized Bureau De Change operators on the 2025 non-refundable annual license renewal. The apex bank disclosed...
The Naira appreciated against the dollar at the parallel exchange market on Monday. A Bureau de Change operator in Wuse Zone 4, Abuja, Abubakar Alhasan, told...
The Central Bank of Nigeria, CBN, on Monday released the Nigeria Foreign Exchange (FX) Code as the Naira appreciated against the dollar at the black market....
