The Central Bank of Nigeria (CBN) says the foreign exchange (FX) price verification system (PVS) portal used by importers has been discontinued. The CBN disclosed this...
The Economic and Financial Crimes Commission (EFCC) has secure a final forfeiture order of the Federal High Court Lagos against a $1.4 million allegedly linked to...
The federal executive council (FEC) has approved N1.99 billion for the purchase of 33 vehicles powered by compressed natural gas (CNG) to boost the operations of...
The naira has weakened further against the US Dollar, falling to N1,500.79/$1 on the official market on June 25, 2024. This marks the lowest exchange rate...
The Central Bank of Nigeria (CBN) says measures have been implemented to allow eligible international money transfer operators (IMTOs) access naira liquidity at the official window....
With most purchases, there’s typically a tradeoff between affordability and durability. Inexpensive usually means cheap because things that don’t cost a lot aren’t usually built to...
Uju Kennedy-Ohanenye, minister of women affairs, could not list the six pilot states where a $500 million World Bank project will be implemented. Kennedy-Ohanenye was a...
Flutterwave, a payment technology company, has laid off 24 workers, representing 3 percent of its workforce. Olugbega Agboola, chief executive officer (CEO) of Flutterwave made the...
Shoprite supermarket has announced its readiness to close its branch in Abuja by the end of the month due to the “current business climate.” The South...
Femi Otedola, the chairman of FBN Holdings, has once again increased his stake in the company, further cementing his position as the single largest shareholder of...