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Ex-MAN Chairman Urges CBN Not to Implement Cyber Security Levy Dr Wale Adegbite, a former Chairman, of the Manufacturers Association of Nigeria (MAN), Ogun Chapter, has urged the Central Bank…
Saudi Aramco Profit Shrinks by 14.4% in Q1 Saudi Arabia’s national oil company, Aramco, posted a 14.4% drop in net profit during the first quarter of 2024 in line with…
Binance Bribery Allegation Diversionary-FG The Federal Government says the bribery allegation by Binance is a diversionary strategy to run away from their wrong doings. The Minister of of Information and…
PoS Agents Frown at CAC’s Registration Mandate, Says Customers Will Pay More Some Point of Sale (PoS) agents in the FCT, have frowned at the new directive of the Corporate…
CBN Sells US Dollars to Banks at N1200 The Central Bank of Nigeria (CBN) sold about $42 million to deposit money banks (DMBs) at N1200 to saturate the foreign currency…
Banks Loans Account for 35% of Industry Assets in 2023 Nigerian deposit money banks (DMBs) combined loan portfolio accounted for 35% of their aggregate total assets in the industry at…
Transcorp President Makes MIPAD’s Global Top 100 List Amidst Impressive Q1 Results President/GCEO of Transcorp Group, Dr. Owen D. Omogiafo, OON has been recognized as one of the most influential…
NLC Rejects CBN’s Cybersecurity Levy The Nigeria Labour Congress (NLC) has rejected the recent directive by the Central Bank of Nigeria (CBN) of 0.5 (0.005) per cent Cybersecurity Levy on…
The Black Market Dollar to Naira Rates are tabulated below: Black Market Rates Dollar to Naira rate BUY 1435 DOLLAR (USD) SELL 1445 Pound to Naira rate BUY 1770 POUND…
Equities Investors Lose N269bn as FBNH, GTCO, MTNN Tumble Equities investors in the Nigerian Exchange (NGX) lost about N269 billion on Tuesday following records of price decline registered by FBN…