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See Nigeria Customs' new dollar exchange rate to clear goods as naira crashes

CBN has once again increased the Nigerian customs import duty exchange rate to above N1,500 a dollarThis development follows the depreciation of the Naira...

Business

See new price list for Nigerian Breweries drinks including Heineken, Gulder

Nigerian Breweries Plc has announced new prices for its popular beer brands, including Gulder, 33 Extra, and HeinekenThe company has explained the changes, citing...

Business

See the rate Nigerian banks are ready to buy dollar from customers

Nigerian banks are making efforts to encourage customers with dollar deposits to convert them to naira with themThe banks are using several strategies to...

Business

See details as Naira again crosses N1500/$ as IMF advises CBN on Nigeria's debt

The naira went down again on Wednesday, dashing the hopes of Nigerians after depreciating by 0.29% in the official marketA similar trend was observed...

Business

See details as e-Naira hits new record in 9 months after CBN's intervention

The adoption of e-Naira rose by 302% in nine months to reach N10.26 billion by the end of September 2023Sources in the CBN said...

Business

Why CBN asked banks to fix their own FX rates as IMTOs make decision

The Central Bank of Nigeria has said Forex dealers can now fix their foreign exchange ratesThe bank said the move is to ensure transparency...

Business

See naira to dollar exchange rate against US dollar

Nigerian currency continued its free fall against the US dollar in both the official and unofficial marketsLatest data shows that the Naira has hit...

News

CBN, Tinubu's govt contributed to naira fall, Peter Obi’s ally makes stunning revelation

There is hardship in the land due to President Bola Tinubu's economic policies which have not favoured the majority in the countryHowever, Pat Utomi,...

Business

Capital Market Can Rescue Naira’s Dwindling Fortune- Opara, CIBN President

The Nigerian Capital Market has a crucial role to play in helping to boost the foreign exchange reserves of the country. INDEPENDENT : Read More

Business

CBN set to streamline BDC operations in Nigeria, see details

The governor of the Central Bank of Nigeria has disclosed plans to modify BDC operations in the countryIt said the action would help to...

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