The Central Bank of Nigeria (CBN) has issued a circular announcing fresh sales of $10,000 to each licensed Bureau De Change (BDC) operator i...Read More
The price of a bag of rice, a staple food in Nigeria, has dropped from N90,000 to between N42,000 to N67,000 in Abuja, Lagos, Ogun and some ...Read More
The naira strengthened against major currencies on Monday the greenback saw an increased safe-haven demand, in the wake of an Iranian strike...Read More
The Nigeria Police Force National Cybercrime Centre has arrested a suspect, Muhammed Zenabdin, for criminal conspiracy and possession of sus...Read More
Allen Onyema, chief executive officer (CEO) of Air Peace, says some airlines are conspiring to take his company out of business by underpric...Read More
The Central Bank of Nigeria has written to all banks in Nigeria to stop the use of foreign currencies as collateral for naira loans. It disc...Read More
The Central Bank of Nigeria has reduced the price of dollar to Naira in a latest move. The Apex Bank announced the sale of huge amount of do...Read More
The 650,000 barrels per day Dangote Petroleum Refinery has pegged a minimum of one million litres of Automotive Gas Oil (AGO) diesel per mar...Read More
The management of the Federal Airports Authority of Nigeria (FAAN) has closed the KFC facility at the Murtala Muhammed International Airport...Read More
Against claims by the Central Bank of Nigeria (CBN) that it has successfully settled all outstanding foreign exchange (FX) obligations, fore...Read More
The Central Bank of Nigeria has allocated N141.64 billion out of the over N10.3 trillion intervention funds to the health sector since incep...Read More
The Islamic Development Bank (IsDB) has earmarked $125 million to facilitate the Abia State Integrated Infrastructure Development Project. T...Read More
Justice Emeka Nwite granted the interim order after ruling on the ex parte motion moved by the lawyer representing the anti-corruption body,...Read More
A Nigerian lady has revealed the intensifying competition between African billionaires Abdul Samad Rabiu and Aliko Dangote with Rabiu initia...Read More
Despite recent moves by the Central Bank of Nigeria to strengthen the foreign exchange market, the naira closed trading on the Investor &...Read More
One Awulu Friday Ayegba, a relationship manager with a new generation bank has been arrested for allegedly withdrawing the sum of N14,850,00...Read More
Naira has crashed massively to all time low under President Tinubu administration. Torizone reports that the exchange rate between the naira...Read More