The Central Bank of Nigeria (CBN) says it sold a cumulative amount of 148 million dollars to authorised dealers in the Nigerian Foreign Exchange Market (NFEM).
Browsing: Business/Economy/Banking & Finance
The Director-General of the Securities and Exchange Commission (SEC), Dr Emomotimi Agama says embracing a green economy will bring numerous benefits, including economic diversification, job creation, and improved public health to Nigeria.
The International Telecommunication Union (ITU) has ranked Nigeria highly, scoring 71% in comparative legal, policy, and governance frameworks for digital…
The naira has suffered further depreciation on the Nigerian Autonomous Foreign Exchange Market (NAFEM) window, closing at N1,603.80/$1 on Thursday, July 25, 2024, Nairametrics reports.
ASHENEWS reports that The Alternative Bank has taken a significant step toward economic inclusion through a strategic alliance with the…
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday raised the country’s baseline interest rate by another 50 basis points to 26.75 per cent.
“We are excited about the opportunity to invest in Gabon. Our goal is to contribute to the country’s economic diversification and industrialization efforts. By leveraging our expertise in cement and fertilizer production, we aim to support Gabon’s infrastructure and agricultural sectors,” Dangote stated.
The Monetary Policy Committee (MPC), on Tuesday announced another increase in the country’s Monetary Policy Rate (MPR), known as the baseline interest rate, to 26.75 per cent from 26.25 per cent.
The Federal Ministry of Health (FMOH) in collaboration with Onesight Essilorluxottica Foundation has launched the Effective Spectacle Coverage Initiative Nigeria (ESCIN) to increase access to eye care in the country. The first Vision Centre in Lagos State was unveiled at the Alimosho General Hospital alongside the flag-off event.
The Central Bank of Nigeria (CBN) has implemented stricter regulations for managing dormant accounts and unclaimed financial assets in banks and other financial institutions.