Business

Smuggling of Fuel Reduced Significantly Following Fuel Subsidy Removal, Reports Adamawa/Taraba Customs Command

The Adamawa/Taraba Area Command of the Nigeria Customs Service has revealed that the elimination of fuel subsidy has resulted in

Central Bank of Nigeria Urges Tertiary Institutions to Embrace e-Naira for Seamless Transactions

In a bid to enhance efficiency and cost-effectiveness in financial transactions, the Central Bank of Nigeria (CBN) has called upon

Naira Trades Higher at Black Market for the First Time Since 2015

Central Bank of Nigeria Removes Limits on Domiciliary Accounts, Allowing Unrestricted Access to Funds

The Central Bank of Nigeria (CBN) has made significant changes to the regulations governing domiciliary accounts, lifting the previously imposed

Naira Appreciates as Central Bank of Nigeria Floats Currency, Unifies Exchange Rates

Nigerian Oil Marketers Eager to Import Petrol as Central Bank Liberalizes Foreign Exchange Rates

Chinese Yuan Weakens Against the US Dollar as Central Parity Rate Falls

Foreign Exchange Inflows Rise by 22% in First Two Months of 2023, Boosted by Drop in Outflows

Gas Flaring in Nigeria Surges, Oil Companies Face Hefty Penalties for Violations