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Bureaux De Change
Within a space of six months this year, the Central Bank of Nigeria (CBN) has so far expended about $20.91 billion to stabilise the naira at the various segments of the foreign exchange (forex) market.
Banks have placed a ‘Post no Debit’ notice on the accounts of some Bureaux de Change operators, demanding that they remit taxes on their transaction turnover.
The Naira on Tuesday converged at N360 to the dollar across the major foreign exchange market, the News Agency of Nigeria reports.
The Central Bank of Nigeria has made it mandatory for all the Bureau de Change operating in Nigeria to access Foreign Exchange from it thrice a week.
Ahead of the 2019 general elections, the President of the Association of Bureaux De Change Operators of Nigeria (ABCON), Alhaji Aminu Gwadabe, has warned of a possible capital flight.
The All Progressives Congress (APC) says it will engage the Peoples Democratic Party (PDP) on completed projects and pro-people policies it had embarked upon as a government rather than engaging in frivolities.
The All Progressive Party (APC) on Thursday alleged that the Peoples Democratic Party (PDP) is colluding with traditional institutions to canvass for support in Sokoto state.
The first lady, Aisha Buhari, is visiting Akwa Ibom state on Friday to flag off her pet project, called Future Assured.
As Venezuela’s hyperinflation and chronic medicine shortages leave HIV patients with little hope of obtaining antiretroviral drugs, many are now relying on leaves of tropical tree known as guasimo.
Zamfara Government says it has concluded plans to recruit 200 paramedical health workers as part of effort to improve healthcare services in the state.
Coach Kabiru Baleria has said Kano Pillars are gradually taking shape ahead of the new season after the huge disappointment of losing the Aiteo Cup final to Enugu Rangers.
The Court of Appeal in Benin City, Edo State, has granted an appeal seeking to direct the Independent National Electoral Commission (INEC) to include names of Nigerians in various prisons in the country in the voter register.
Ondo State Governor Oluwarotimi Akeredolu has approved the appointment of Interim Management Committee Chairmen for the 18 local government areas of the state.
Absence of counsel to the Economic and Financial Crimes Commission stalls the trial of former Niger Governor Babangida Aliyu
The National Peace and Reconciliation Committee of the All Progressives Congress on Monday appealed to aggrieved aspirants and members of the party in Ekiti and Ondo states to embrace peace.