The Central Bank of Nigeria (CBN) has slashed the Customs duty rates for cargo clearance following the naira's rally in the ...

ShareThe naira fell sharply on the parallel market on Wednesday, dropping to N1,750 per dollar from N1,640/$1 on the previous ...

In the budget, infrastructure development is top priority with a budgeted sum of N110,022,597,786.09, representing 20%, ...

Dressed in a faded pink dress, 6-year-old Juliet Samaniya squats under scorching skies to chip at a jagged white rock with a ...

Growing demand for the lithium used in batteries for electric vehicles and energy storage has created a new frontier for ...

Operatives of Kano State Police have arrested three individuals in connection with the possession of counterfeit currency ...

The naira depreciated against the dollar at both official and parallel foreign exchange markets, the second since this week ...

ShareThe House of Representatives, on Tuesday, urged the Central Bank of Nigeria (CBN) to urgently address the persistent cash crunch affecting commercial banks across the country. The decision was ...

Adopting a motion of urgent public importance by Uguru Emmanuel (APC, Ebonyi ), the House asked the Central Bank of Nigeria to immediately address the issue of scarcity of the naira notes and call the ...

“In tandem with these reforms, the CBN had also implemented aggressive Monetary Policy Rate (MPR) hikes, to curb inflation and stabilise the naira, a move supported by the International Monetary ...

The naira closed flat at the official foreign exchange (FX) market and steadied at the parallel market on Wednesday, a day after the Central Bank of Nigeria (CBN) raised the monetary policy rate (MPR) ...

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