Naira to Dollar: Naira Maintains Solid Form At Parallel Market
The naira was traded at N545 to the dollar at the parallel market over the weekend, sustaining its strongest level since early September 2021. Also, it traded at N411.59 to…
The naira was traded at N545 to the dollar at the parallel market over the weekend, sustaining its strongest level since early September 2021. Also, it traded at N411.59 to…
Kano State collected more money as Value Added Tax (VAT) than the entire South East zone in the first eight months of 2021, an exclusive data obtained by Daily Trust…
Transactions cross N60m as experts express reservation over economic impactsApex Bank explains its intervention programme to editors The Central Bank of Nigeria (CBN) has onboarded over 488,000 consumer wallets and…
China’s ambassador to Nigeria, Cui Jianchun, has stated that his country is prepared to collaborate with Nigeria to develop her value-added industries, in order to improve exports and grow the…
The 2008 global financial crisis was largely blamed on the radical optimism of new classical economists whose prescriptions allowed for the stupendous-albeit-spontaneous investment in the stock exchange and financial markets,…
The Chinese Ambassador to Nigeria, Cui Jianchun, on Tuesday said the framework for the N720 billion Bilateral Currency Swap (BCS) deal between China and Nigeria was being expanded. The envoy,…
The President, Major General Muhammadu Buhari (retd), on Monday, unveiled the Central Bank of Nigeria’s digital currency, also known eNaira, in a keynote event attended by top government functionaries at…
Despite subsisting litigation over its patent right, a Federal High Court sitting in Abuja has given a go-ahead for the eNaira launch. ENaira Payment Solutions Limited brought the case (FHC/ABJ/CS/113/2021),…
Indications have emerged that the Federal Government’s bond issues are squeezing the private sector out of the bonds market as it has raised over N4.7 trillion, far above what private…
A firm, ENaira Payment Solutions Limited, has sued the Central Bank of Nigeria before a federal high court over the name “eNaira.” The apex bank is set to unveil its…