Naira Records Highest Ever Fall Amid Declining External Reserves
Naira fell to an all-year low on the first trading day of April, following increased demand for dollars amid declining external reserves.
At the close...
FG Unveils Passport Production Centre, Front Office In Ilesa
The Federal Government has unveiled a passport production centre and the new Passport Front Office in Ilesa, Osun State.
The opening was aimed to make...
Banks Slash PTA/BTA To $2000
Amid the lingering forex (FX) scarcity in the country, commercial banks have announced that international school fees and upkeep requests through Form A will now...
FAAN To Close Lagos Int’l Airport Runways For Eight Weeks
The Federal Airports Authority of Nigeria (FAAN) says it will close runways 18R and 36L at the Murtala Muhammed International Airport (MMIA) in Lagos...
Old Naira Notes Remain Legal Tender, says Sanwo-Olu
The State Government says it has noted the hardship sparked by the Naira redesign policy, which has affected business and commercial activities.
“There is no...
CBN Introduces Open Banking
The Central Bank of Nigeria (CBN) has approved the operation of Open Banking in Nigeria.
Open Banking in Nigeria refers to data sharing across the...
Banks Resume Receiving Old N500, N1000 Notes
Inquiries have shown that old N500 and N1000 notes have resumed arriving at Deposit Money Banks (DMBs).
According to Vanguard investigations, the banks have been...
INEC Declares Bola Ahmed Tinubu Winner Of The 2023 Presidential Elections
The Independent National Electoral Commission (INEC) declared Bola Tinubu as the winner of the 2023 presidential election Wednesday morning at the International Conference Centre,...
Ukraine War Turns French Port Of Rouen Into Grain Powerhouse
Dozens of miles inland from the English Channel, the Seine River port of Rouen is bustling with shipments of wheat, barley and other grains,...
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Konga Set to Unveil Africa’s First Buyers and Sellers TV in October
As Nigerians are going through seasons of very high cost of living, including suffocating cost of fund to do business, a piece of exciting...
Stanbic IBTC Insurance Launches Comprehensive Funeral Expenses Cover – Sunset Benefit Plan
Stanbic IBTC Insurance Limited, a subsidiary of Stanbic IBTC Holdings PLC, has unveiled its latest insurance product THE SUNSET BENEFIT PLAN, to help customers...
