CBN bans 17 banks from forex market (List)

In response to persistent complaints that some Deposit Money Banks have deliberately frustrated efforts by many Small and Medium Enterprises to access forex from the new window created by the Central Bank of Nigeria,...

01/05/2017: Today’s Naira Rate Against The Dollar, Pounds And Euro

Today's (02/05/2017) exchange rate of the Nigerian Naira against the Dollar, Pound and Euro

BREAKING: Nigerians Lose Job As Ecobank Shuts Down 74 Branches

cobank Nigeria has shut down about 74 of its 479 branches. The bank says it will deploy staff from the merged branches to other projects but failed to touch on reports that the bank had...

MTN Sacks 15% of Its Entire Nigerian Workforce

South African telecoms firm, MTN, on Friday sacked 280 of its employees in Nigeria, in a major job cut that affected about 15% of the company’s entire Nigerian workforce, Premium Times reports. Those affected by...

Nigerians Lose Job As Ecobank Shuts Down 74 Branches

Ecobank Nigeria has shut down about 74 of its 479 branches. The bank says it will deploy staff from the merged branches to other projects but failed to touch on reports that the bank had...

BREAKING: Glo Nigeria Increases Data Charges By 100%

Glo Nigeria has reviewed its data plan bundle by cutting it down by 100 per cent for all customers on its network. Glo, which offered a competitive cheap internet packages tailored to suit usage on...

28/04/2017: Today’s Naira Rate Against The Dollar, Pounds And Euro

Today's (28/04/2017) exchange rate of the Nigerian Naira against the Dollar, Pound and Euro

27/04/2017: Today’s Naira Rate Against The Dollar, Pounds And Euro

Today's (27/04/2017) exchange rate of the Nigerian Naira against the Dollar, Pound and Euro

26/04/2017: Today’s Naira Rate Against The Dollar, Pounds And Euro

Today's (26/04/2017) exchange rate of the Nigerian Naira against the Dollar, Pound and Euro

Dangote Releases First Batch of Locally Assembled Trucks

Dangote Sinotruck West Africa Limited on Tuesday rolled out its first set of locally assembled Chinese trucks, The Group General Manager, Projects, Mr. Hikmat Thapa, announced. According to him, the firm works in eight-hour shifts,...

JUST IN: Lagos Govt. To Relocate Computer Village

The Lagos State Government has said that it would relocate the popular Computer Village in Ikeja to Katangowa in Agbado/Oke-Odo area of the State, just as it also disclosed that an embargo has been...

CBN extends BVN to microfiance banks

The Central Bank of Nigerian has extended the Bank Verification Number (BVN) exercise to microfinance banks. This was disclosed in a circular dated April 21 with reference number OFI/DIR/CIR/GEN/17/139 and signed by the CBN Director...

Bags of Rice Sells For N11, 000 , Residents Troop To Buy [PHOTOS]

A Non-governmental organization, Sudais Foundation has started selling a bag of rice at the rate of N11,000 in Kaduna as against the market price of N17,000. Hundreds of people gathered at Gamagira road by Kasuwan...

Naira Recorded 5.2% Gain Against Dollar This Week

Nigerian naira recorded 5.19 per cent at the Bureau De Change, BDCs, market this week, following interventions in the foreign exchange market with dollars by the Central Bank of Nigeria. The currency firmed up at...

MTN Denies Increasing Prices of Recharge Cards

MTN Nigeria has told its subscribers not to pay more than the amount printed on any of their recharge cards. The telecommunication’s Public Relations and Protocol Manager, Mr Funso Aina, said in a statement on...

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