Our reporter/ The Central Bank of Nigeria (CBN) on Wednesday informed all authorised dealers and the general public of immediate changes to operations in the Nigerian Foreign Exchange (FX) Market.…
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Category: Economy
Nigeria’s telecom access gaps drop by 53%
The number of identified areas of clusters across Nigeria without access to the telecommunications services has been reduced by 53.1 per cent as at the end of 2022. The Executive…
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Danbatta receives APPON award, assures of broadband support for e-procurement
The Association of Public Procurement Practitioners of Nigeria (APPON) has conferred the Executive Vice Chairman and Chief Executive Officer of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, with the “Excellent…
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Naira trades at N755/$ as CBN discreetly devalues local currency
Our reporter/ The naira on Wednesday traded at N750-N755 per dollar at the investors and exporters (I&E) window. According sources privy to the development the Central Bank of Nigeria (CBN)…
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Air Peace refutes claim of losing $19m on leased aircraft by Sirika
Air Peace on Monday debunked claims by former aviation minister, Hadi Sirika that it lost $19 million from parking two leased Boeing 777 aircraft for several months. Sirika had on…
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