CBN Increases Customs Duty Rate To N1,605.82 Per Dollar Once More
Less than five days after it marginally reduced the Customs Exchange rate from N1515.48 to N1472.756 last week, the Central Bank of Nigeria (CBN)...
N-Power: Enrollees Lament Delay In Stipend`s Payment
Some enrollees of the Federal Government’s N-Power Programme on Monday decried the continuous delay of payment of their N30,000 monthly stipends. The beneficiaries who spoke...
Naira To Appreciate, Settle At N600/$1 In Coming Months, Says JP Morgan
According to JP Morgan, an American global financial services organization, the naira is likely to strengthen and trade at around N600 per dollar in...
Old Naira Notes Have Lost Their Legal Tender Status, CBN Declares
The Central Bank of Nigeria (CBN) has declared that the old Naira Notes of N200, N500 and N1000 have ceased to be legal tender...
Pound Inches Up As Naira Holds Ground In Early February Trading
The British Pound Sterling began the first Monday of February 2026 with a slight rise against the Naira in Nigeria’s foreign exchange market, marking...
CBN Raises ITMO Application Fee To N10m, Restricts Banks, Fintechs From Providing Services
The Central Bank of Nigeria (CBN) has increased the application fee for the international money transfer operators (IMTO) licence application fee from N500,000 to...
Zamfara Moves Away From N7,000 Minimum Wage, Now Pays N30,000
The Zamfara State Government has commenced the payment of N30,000 minimum wage to workers in the North-Western state. This followed a meeting the state governor,...
CBN To Redesign N200, N500 And N1,000 Notes To Control Circulation
The Central Bank of Nigeria (CBN) on Wednesday said it will redesign the N200, N500, and N1,000 notes. CBN Governor, Godwin Emefiele, disclosed this during...
Gov. Mbah Lists Gains Expected As He Signs N521.5bn 2024 Budget Into Law
Governor of Enugu state, Peter Mbah has signed a N521.5billion Enugu State 2024 Budget into law, saying it would engender disruptive economic growth, radical...
We’ve Not Seen Reflection Of Uzodimma’s N40,000 Minimum Wage Increase, Imo Workers Cry Out
Imo state workers on Saturday complained that there was no increment in their salaries as promised by the Governor of the state, Hope Uzodimma. They...
