Naira continues recovery, trades at N1,548/$1 in official window, slumps to N1,600 in black market

The Naira continued its recovery on the first day of March 2024 to trade at N1,595.25/$1,…

MTN blocks 4.2m phone lines after SIM-NIN linkage deadline

MTN Nigeria has disclosed that it disconnected 4.2 million lines following the expiration of the February…

NGX: Investors lose N672bn as equities market tumbles again

Investors in the Nigerian equities market ended the week with a N672 billion loss as the…

Hunger: Hoodlums loot truckload of spaghetti in Zaria

Hoodlums have attacked a BUA truck loaded with cartons of spaghetti at the Dogarawa axis of…

CBN revokes licenses of over 4,000 BDCs for regulatory infractions

The Central Bank of Nigeria (CBN) has revoked the licenses of 4,173 Bureaux De Change Operators…

CBN promises to clear FX backlog in days as dollar inflow improves

The Central Bank of Nigeria (CBN) will clear all outstanding foreign exchange obligations owed in forward contracts in…