Business

The bank says there is no country that floats its currency by just leaving it to the dictates of the...

“Supply of foreign currency to the new window shall be through portfolio investors.”

The Central Bank also ordered commercial banks to make refunds to customers already affected.

Remittance to Nigeria, according to the report, went down by 10 per cent in 2016.

‎"My vision is to make NNPC a renowned Health Medical Services (HMS) provider globally."

The official also spoke on the challenges of accessing the Nigerian Content Development Fund.

The minister noted that Nigeria must focus on implementing the right type of economic policies.

The World Bank official noted that continued monetary policy tightening would address the pressures on the Naira.

Loss before tax amounted to N33.7 billion.

Under the new arrangement, SMEs are allowed to purchase $20,000 per quarter.

The naira appreciated from the N410 it posted at the segment on Friday.

The IMF said continued growth in agriculture and big government spending will drive the nation's growth.

"In total, the non-payment for the 12 oil blocks by NPDC sums up to $3.925billion," NEITI said.

The official said the Nigerian government saves N4 billion monthly on MDAs bank accounts

The board of directors of the company recommend a vote against the proposal.

The bureau de change union says politicians are stashing huge amounts of dollars.

The NNPC announced the immediate retirement of three of the officials, and redeployment of four others.

On a year-on-year basis, the sector recorded a reduction from 18.53 per cent in the previous months to 18.44 per...

The breakdown of the debt of Nigeria’s largest domestic airline was made.

The nominees have been sent to the Senate for confirmation.

About 100 million litres of NNPC’s petrol was sold by Capital Oil without permission of the state oil firm.

This was in spite of the CBN’s intervention at the interbank market and Bureau De Change (BDC) window.

The bank may open window for dividend remittances.

The BDC operators were also warned to desist from sharp practices.

The capacity utilisation in December was 7.55 per cent.