Deposit Money Banks in the Federal Capital Territory have increased their maximum over-the-counter withdrawal…
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Business News
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Business NewsNational NewsNews
Banks can trade with deposited foreign currencies – CBN
by Hafeestonovaby HafeestonovaThe Central Bank of Nigeria (CBN) has authorized banks to trade with foreign currency…
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The naira has demonstrated signs of strengthening against the United States dollar, appreciating by…
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Business NewsNational NewsNews
CBN raises capital base for mega banks to N500bn
by Hafeestonovaby HafeestonovaBarely 48 hours after restating the need to increase the capital base of Deposit…
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Business NewsNational NewsNews
Dollar not selling at N1,000/$1- BDCs
by Hafeestonovaby HafeestonovaContrary to the report making the rounds on X (formerly Twitter), Bureau De Change…
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Business NewsNational NewsNews
FG files tax evasion charges against Binance
by Hafeestonovaby HafeestonovaThe Federal Government on Monday initiated proceedings against Binance, a prominent cryptocurrency exchange platform…
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Business NewsNational NewsNews
FG asks applicants to submit NINs for trade grants
by Hafeestonovaby HafeestonovaThe Ministry of Industry, Trade, and Investment has directed applicants of the Presidential Conditional…
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Business NewsNews
EFCC obtains order to track Nigerians transacting on Binance
by Hafeestonovaby HafeestonovaThe Federal High Court in Abuja, on Monday, ordered Binance Holdings Limited to provide…
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International business research firm, Economist Intelligence Unit, has said that the Central Bank of…
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Cryptocurrency exchange, Binance, has announced plans to discontinue all services related to the Nigerian…
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Business NewsNews
Elumelu, Dangote make Tinubu’s economic advisory panel
by Hafeestonovaby HafeestonovaPresident Bola Tinubu has created an economic advisory committee comprising the federal government, sub-nationals…
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Business NewsNational NewsNews
Breaking News: Exchange rate for cargo clearance hits N1,605/$
by Hafeestonovaby HafeestonovaThe Federal Government through the Central Bank of Nigeria has again raised the exchange…
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Nigeria’s local currency is currently exchanging above 2,000 naira against the Great Britain Pound…
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Business NewsNational NewsNews
Access Holdings names Bolaji Agbede as acting CEO
by Hafeestonovaby HafeestonovaAccess Holdings Plc on Monday announced the appointment of Ms. Bolaji Agbede as the…
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The naira fell to a new all-time-low of N1,534/$ on the official Nigerian Autonomous…
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The naira plunged further at the official window on Tuesday, closing at an all-time-low…
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Business NewsNational NewsNews
Naira falls to N1089/$ on official I&E window
by Hafeestonovaby HafeestonovaThe naira fell to N1089.51/$ on the official Investor and Exporter window on Tuesday.…
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Business NewsNews
CBN bars crypto bank account operators from cash withdrawal
by Hafeestonovaby HafeestonovaCash withdrawals will not be possible from accounts opened for virtual and digital assets…
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Business NewsNational NewsNews
CBN will direct banks to raise capital base – Cardoso
by Hafeestonovaby HafeestonovaThe Governor of the Central Bank of Nigeria, Dr Olayemi Cardoso, has said that…
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Business NewsNews
There are way to access part of your pension before retirement
by Hafeestonovaby HafeestonovaThe Contributory Pension Scheme makes provisions for workers to access part of their pension…
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