CBN

Stamp duty: Court refuses to restrain CBN from disbursing ‘trillions’ deposited by commercial banks

The Federal High Court sitting in Abuja has refused to restrain the Central Bank of Nigeria (CBN) from disbursing all accrued deposits paid into the CBN NIPOST stamp duty collection account by... Read more »
Naira

Naira Appreciates To N1,382/$ After $7bn FX Settlement

As controversy trails foreign airlines’ funds, the local currency continued on a recovery note yesterday with naira appreciating significantly against the dollar on the strength. The local currency continued on a recovery... Read more »
NANTA LOGO

FG not owing foreign airlines – Travel agents

President of the National Association of Nigerian Travel Agencies (NANTA), Mrs. Susan Akporiaye in a chat with Daily Trust said as it currently stands the Federal Government is not owing foreign airlines... Read more »
Central-Bank-of-Nigeria-CBN

CBN Clears $7 Billion Foreign Exchange Backlog

The Central Bank of Nigeria (CBN) has cleared the $7 billion foreign exchange (FX) backlog which was pending when Yemi Cardoso took over as the Governor of the apex bank. This development... Read more »
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Excitement by the staff as Adaora Umeoji emerges the first female MD of Zenith Bank

Excitement by the staff as Adaora Umeoji emerges the first female MD of Zenith Bank Plc. Read more »
Textile

Textile import, seven others gulp N1.4tn after CBN ban reversal

Nigerians spent N1.39trn on the importation of seven out of the 43 items earlier restricted by the Central Bank of Nigeria from accessing foreign exchange on its official platform in the fourth... Read more »
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Transnational Corporation Plc Announces Transcorp Power

Transnational Corporation (Transcorp) Plc on Monday announced the listing of its subsidiary, Transcorp Power Plc via listing by introduction on the Main Board of the Nigerian Exchange (NGX). The Group, in a... Read more »
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March 2024 Price-list of Tokunbo Cars in Lagos

TOKUNBO / FOREIGN USED CARS BELOW: 2012 Toyota Camry LE + Alloy wheels @ 9.2m (Gold ) 2010 Venza Limited + Pano roof @ 15.5m 2011 Camry Sport + Thumbstart @ 10m... Read more »
SACHET DRINKS

Ibadan liquor sellers protest ban of sachet alcoholic drinks

Scores of liquor sellers, on Thursday in Ibadan, staged a peaceful protest against the prohibition of production and sales of sachet alcoholic beverages in the country by the National Agency for Food... Read more »
Naira

Naira Continues Appreciation Streak, Gains And Closes At ₦‎1,500/$

Naira has continued its appreciation streak at the parallel section of the foreign exchange (FX) market. The local currency traded at N1,500/$ on Wednesday, representing a gain of 9.09 percent from N1,650/$... Read more »