Nigeria’s central bank ‘devalues’ Naira again
The Central Bank of Nigeria on Tuesday adjusted the value of the naira to exchange to the dollar at N381, as parts of measures to...
Tag : CBN
New SEC chief Lamido Yuguda assumes office
The Director General of the Securities and Exchange Commission, SEC, Lamido Yuguda, has stated that the capital market has a lot of potentials for growth...
NECA: Central bank’s adjustment of Naira rate’ll cause inflation
The Nigeria Employers’ Consultative Association (NECA) has said the Central Bank of Nigeria’s adjustment of naira exchange rate from N360/dollar to N380/dollar at the Secondary...
Forex constraint devalues naira to N380 per dollar
Shortage of forex in the economy caused the naira to fall below the official rate of by 3.5 per cent to N380/$1 from N360/$1 according...
Former central bank chief tasks federal government on ailing refineries
Stock Photo Dr Titus Okunronmu,a former Director, Budgetary Department, Central Bank of Nigeria (CBN) has urged the Federal Government to resuscitate all the nation’s refineries...
Nigerian stocks down by N1.14 trillion in first half
Nigerian stocks closed the first half down with average loss of 8.80 per cent, equivalent to net capital depreciation of N1.14 trillion as investors struggled...
FIRS generates N66 billion from stamp duties
The Federal Inland Revenue Service (FIRS) has generated the sum of N66 billion from stamp duties between January and May. The FIRS Director, Communications and...
PPPRA: Why we still provide ‘guiding price’ for petrol despite ‘deregulation’
The Petroleum Products Pricing Regulatory Agency (PPPRA) says it is no longer fixing the pump price of Premium Motor Spirit (PMS) also known as petrol...
PPPRA: Why government’ll not hands-off downstream oil sector
The Petroleum Products Pricing Regulatory Agency (PPPRA), Sunday, insisted that it would continue to regulate the downstream petroleum industry, irrespective of the recent deregulation of...
CBN: We’ll steer Nigeria away from recession
The Central Bank of Nigeria on Wednesday said it would not be deterred in its effort to steer the Nigerian economy away from the looming...