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Illegal forex sales: CBN issues warning to banks
Banks selling foreign currency illegally have been threatened with sanctions by the Central Bank of Nigeria (CBN).…
Naira hits of N950/$ at black market
The naira fell even more on the black market on Thursday, trading in Lagos for N950 to the dollar as opposed to…
Fuel pump price to increase as naira falls – IPMAN
The price of Premium Motor Spirit, often known as fuel, will keep rising, according to the Independent Petroleum…
N1000 per Dollar looms as naira continues falling
On Wednesday, the naira hit a record low of N925 to $1 on the black market as demand for foreign cash exceeded…
Azman Air break silence on sending all staff home on indefinite leave without pay
Azman Air, a Nigerian airline, has explained why it put all of its employees on an extended, compulsorily unpaid…
Fiscal Policy and Tax Reforms committee mulls over suspension of diesel VAT
The federal government would explore eliminating the value added tax on diesel in order to lower the rising cost of…
Nigeria ranks as Country with highest unemployment rate in the World
According to World of Statistics, Nigeria has the highest unemployment rate in the world.
Proclaimed on Monday…
Naira gains at I&E window, exchange at N757.51/$
Tuesday saw a strengthening of the Nigerian naira against the dollar, reaching N757.51 at the Investors and…
GSK Group folds up in Nigeria, to return capital to shareholders
GlaxoSmithKline Consumer Nigeria PLC has been told by GSK UK Group of its plans to stop selling its prescription…
CAC publish names of Companies to be deregistered (full list)
A list of businesses that did not adhere to the requirements outlined in the Companies and Allied Matters Act…