33.2 C
Lagos
Sunday, May 19, 2024
- Advertisement -spot_img

CATEGORY

Exclusive

Naira Weakens as CBN Sells Dollars to Bureau de Changes at N1,021/$

The naira weakened for a third straight day after hitting three-month highs as the Central Bank of Nigeria (CBN) on Tuesday offered dollars to...

Dangote Refinery Slashes Diesel, Aviation Fuel Prices to N940, N980

Dangote Petroleum Refinery on Tuesday announced a further reduction in the prices of both diesel and aviation fuel to N940, and N980 per litre...

CBN Partners Money Transfer Companies in Bid to Double Remittances to Nigeria

The Central Bank of Nigeria (CBN) has secured the cooperation of some International Money Tranfer Organisations (IMTOs) to double the flow of remittances to...

Nigeria Working on Details of Dollar-denominated Local Bond – DMO

Nigeria is working on the details of  the proposed dollar-denominated domestic bonds, which is part of overall measures by the federal government to address...

Banks Groan Under N481.96bn Regulatory Costs

Regulatory induced costs have been a contentious issue among shareholders of banks who argue that a reduction in these mandatory levies will boost their...

US House Passes New Iran Oil Sanctions in Foreign Aid Package

The US House passed new sanctions on Iran’s oil sector set to become part of a foreign-aid package, putting the measure on track to pass the...

US House Passes $95 Billion in Aid to Ukraine, Israel and Taiwan

The US House passed $61 billion in fresh aid for Ukraine on Saturday, ending a six-month political impasse during which Kyiv’s stockpiles dwindled in...

FBN Holdings Cancels EGM For N300bn Capital Raise Plans

FBN Holdings a Tier one Nigerian lender has cancelled an Extraordinary General Meeting (EGM), scheduled to be held on Tuesday, April 30, 2024. The meeting...

Dangote Refinery Boosts Production With US Oil Imports

Nigeria’s new mega Dangote oil refinery is slowly grinding into gear, with the 650,000 barrel-a-day plant in Lagos is taking advantage of cheaper US...

FAAC Shares N1.1trn March 2024 Revenue To FG, States, LGCs

The Federation Account Allocation Committee (FAAC) on Friday shared a total sum of N1.123 trillion March 2024 Federation Account Revenue to the three tiers...

Latest news

- Advertisement -spot_img