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Tag : CBN

Business

Nigeria’s central bank ‘devalues’ Naira again

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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...
Business

New SEC chief Lamido Yuguda assumes office

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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...
Business

NECA: Central bank’s adjustment of Naira rate’ll cause inflation

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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...
Business

Former central bank chief tasks federal government on ailing refineries

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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...
Business

FIRS generates N66 billion from stamp duties

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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...
Business

PPPRA: Why we still provide ‘guiding price’ for petrol despite ‘deregulation’

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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...
Business

PPPRA: Why government’ll not hands-off downstream oil sector

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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...