Business
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CBN Warns FX Dealers Against Manipulation as Naira Slides to N1,500
Amid sustained slide of naira, which currently trades around N1,500 in exchange to a dollar, the Central Bank of Nigeria…
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NCAA Issues Warning to Airlines and Travelers: Exercise Caution as Weather Conditions Pose Risks This Week
The Nigeria Civil Aviation Authority, NCAA, has warned pilots and airline operators to exercise caution over a three-day dust haze…
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1,500 CBN Staff Redeployed, Commence Work at Lagos Office
At least 1,500 members of staff of the Central Bank of Nigeria will on Friday resume at its Lagos office…
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Naira Experiences Significant Decline in Official Market, Falls to N1348/$
In apparent reflection of the dollar scarcity plaguing the economy, the Naira yesterday recorded its biggest fall in the official…
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CBN Resolves Additional Verified Forex Liabilities, Releases $500 Million
In its determination to address the backlog of verified foreign exchange (forex) transactions, the Central Bank of Nigeria (CBN) has…
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PalmPay Urges Users to Update BVN and NIN as Unverified Wallets Face Closure Starting Jan 31
Following the CBN’s directive on strengthening Know Your Customer (KYC) procedures for Tier 1 accounts, fintech company, PalmPay, is encouraging…
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PENGASSAN Declares Intent to Oppose Any Sale of Shell Assets
The SPDC arm of Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) says the Shell Petroleum Development Company…
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