Naira falls after CBN stops forex sales to BDCs

Naira fell marginally against the U.S dollar at the parallel market on Tuesday, after the Central Bank of Nigeria (CBN)...

Traders, Experts Worry As Naira Free Fall Continues

The Naira has failed to appreciate as the United States dollar sells for N500+ with traders and experts calling on...

Nigeria’s debt hits N35.243trn

Nigeria’s debt profile, yesterday, hit N35.48trillion as President Muhammadu Buhari sought approval from National Assembly for an additional loan request of $6.183...

CBN removes N379/$1 from website, adopts I&E window rate

The Central Bank of Nigeria (CBN) has removed the official exchange rate of N379 to a dollar from its website. TheCable...

Nigeria has only three dollar-billionaires as Alakija drops off Forbes billionaires list

Nigeria, Africa’s largest economy, has only three dollar-billionaires, according to Forbes billionaires list released on Tuesday. They are Aliko Dangote, chairman...

Petrol price hike imminent as NNPC declares N120bn subsidy unsustainable

The Group General Manager, Nigerian National Petroleum Corporation, Mele Kyari, on Thursday said the Federal Government subsidises Premium Motor Spirit...

CBN USSD charges: CBN imposes mobile banking charge — a setback for financial inclusion

The Central Bank of Nigeria and the Nigerian Communications Commission have imposed a new charge for mobile banking services in the country,...
CAMA 2020

CAMA 2020: CAN drags FG to court – Don’t interfere with the management of...

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The Christian Association of Nigeria has dragged the Federal Government to court to challenge some provisions in the just gazetted...

CBN Introduces the Naira 4 Dollar Scheme for Diaspora Remittances

In an effort to sustain the encouraging increase in inflows of diaspora remittances into the country. the Central Bank of...

Bitcoin trades at $50,000 for the first time in history – Bitcoin news

Oluseyi Awojulugbe, The CableNG The price of Bitcoin has hit $50,000 for the first time in history. The cryptocurrency has been in...
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