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The Naira on Tuesday converged at N360 to the dollar across the major foreign exchange market, the News Agency of Nigeria reports.
The Nigerian Civil Aviation Authority (NCAA), on Thursday, said that domestic and international airlines operating in Nigeria sold tickets worth N505.2 billion in 2017.
The Vice President Yemi Osinbajo, has expressed support for an upward review in remuneration of personnel of the Nigeria Customs Service (NCS) to enhance their performance.
The bank said the funds were allocated to companies in the agricultural, airline, petroleum and machinery sectors.
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.
The Central Bank of Nigeria (CBN) on Sunday directed all commercial banks and Bureau de Changes (BDCs) to sell foreign exchange (Forex) to all eligible travelers over the counter, regardless of their customer status.
In an apparent move to safeguard the interest of customers seeking to purchase foreign exchange for personal obligations and checkmate any attempt at causing panic in the market, the Central Bank of Nigeria (CBN) on Thursday, May 24, 2018, released the sum of $100 million into the Nigerian Forex market.
In keeping with Article 4 of United Nations Conference on Trade and Development (UNCTAD) minimum standards for shipping agents all over the world, the Federal Government has now compelled all shipping agencies to open Disbursement Accounts (DAs) from where they will carry out operational costs for their multinational principals overseas.
The Central Bank of Nigeria (CBN) has injected $210 million into the inter-bank foreign exchange (forex) market in continuation of its efforts to sustain liquidity.
The Central Bank of Nigeria (CBN) yesterday stepped into the inter-bank sector of the Foreign Exchange (forex) market, yet again, intervening in the wholesale segment and other sectors of the market to the tune of $210 million.
The Central Bank of Nigeria (CBN) says it has again injected 210 million dollars into the Foreign Exchange (Forex) market in continuation of its intervention in the sector.
The Naira on Tuesday depreciated marginally against the dollar at the parallel market, exchanging at N361.20 to the dollar.
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 Central Bank of Nigeria (CBN), on Tuesday intervened in the inter-bank sector of the Foreign Exchange market to the tune of $210 million.
The Central Bank of Nigeria (CBN) yesterday sustained its intervention in the foreign exchange (forex) market by injecting the sum of $339.89 million in the Retail Secondary Market Intervention Sales (SMIS).
The British pound recovered Friday from weakness prompted by a Russian decision to expel British diplomats, as the world rallied in support for London in a crisis sparked by the poisoning of a double agent, analysts said.
Novak Djokovic ended his final drought as the former world number one reached his first title match for a year with a 7-6 (7/5), 6-4 win against Jeremy Chardy at Queen's Club on Saturday.
The University of Jos has awarded degrees to 18, 348 graduate students, out of which 165 graduated with Doctor of Philosophy Degrees (PhDs) and 33 others graduated with first class.
Comrade Adams Oshiomhole, Saturday, took charge of the All Progressives Congress (APC) as National Chairman, saying the APC is the darling of Nigerians while the opposition Peoples Democratic Party (PDP) “is no alternative”.
Romelu Lukaku is optimistic that he will be able to play against England on Thursday in Kaliningrad despite injuring his ankle during Belgium's impressive 5-2 win against Tunisia on Saturday.
Women throughout Saudi Arabia waited for the stroke of midnight, turned the keys in the ignition, fired up their engines — and hit the road to a bright new future.
Roger Federer claimed his 98th ATP title on Sunday with a 6-4, 7-6 (7/3) defeat of Milos Raonic in the grass-court Stuttgart Cup final.
The Asset Management Corporation of Nigeria (AMCON) says it recovered bad loans worth N731bn, excluding clawbacks, from the start of its operations in 2010 up to December 2017.
The Department of State Services has arrested the Senator representing Abia South in the Senate, Senator Eyinnaya Abaribe.
The National Orientation Agency (NOA) Sokoto State, in partnership with the Centre for Leadership, Strategy and Development (CLSD), is to promote transparency, empower citizens, fight corruption and harness new technologies to strengthen governance.
The All Progressives Congress (APC) in Kwara State has raised the alarm that two different groups, led by some aggrieved members of the party were compiling fake list of delegates ahead of Saturday’s national convention of the party in Abuja.