The Central Bank of Nigeria (CBN) has ordered all Point-of-Sale operators in the country to register their businesses with the Corporate Affairs Commission (CAC) in two months. This was revealed…
Naira crashes to dollar at official market The Naira on Monday further depreciated at the official market, trading at N1,419.11 to the dollar. Data from the official trading platform of…
The value of the naira gained strength midday on Monday, opening at N1,130 to the dollar but rising to N1,000 by noon at the parallel market. This surge comes as…
Shettima hands over 200 new stores to traders at Adire market Vice President Kashim Shettima has announced the handover of 200 newly refurbished stores to 400 entrepreneurs at the popular…
The Central Bank of Nigeria (CBN) has finally lifted the foreign exchange restrictions it placed importers of 43 items eight years ago. The CBN in a statement signed by Dr.…
Vice President Kashim Shettima says the Federal Government will ensure quick access to single digit loans for Nigerian small businesses. The vice president made this pledge on Tuesday in a…
MultiChoice Nigeria and major stakeholders in the pay television broadcasting industry in the country, including Startimes, yesterday, rejected the pay-per-view model being advocated by the Senate. Major cable television providers in…
The Competition and Consumer Protection Tribunal sitting in Abuja, on Tuesday, refused to grant a suit filed against MultiChoice, the operator of DStv and Gotv, over the recent price hike…
The Central Bank of Nigeria on Friday, released $265m to airlines operating in the country, to settle outstanding ticket sales to check a brewing crisis in the country’s aviation sector.…
From next week, Nigerians will be able to open an eNaira wallet and conduct transactions by simply using a designated USSD code on any phone. To carry out these transactions, Nigerians will…