The Central Bank of Nigeria (CBN) has announced it will hold its Monetary Policy Committee meeting on 20 March to 21 March 2023 in Abuja. MPC is the highest policy-making …
Business
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Business
BREAKING: CBN breaks silence, says old naira notes remain legal tender
by Salisu Hamisu Ali 1 minutes readThe Central Bank of Nigeria (CBN) says the old N200, N500 and N1000 notes remain legal tender until December 31, 2023. Isa Abdulmumin, CBN spokesperson, announced the development in a…
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The Dangote Articulated Truck Driving School has graduated 50 trainees who have passed through a specially designed and rigorous educational curriculum. The articulated truck driving school at Obajana in Kogi…
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The Naira has on Friday dropped against the dollar as it was exchanged at N461.50 at the Investors’ and Exporters’ window. Compared to Thursday’s N461 exchange to dollar, the rate…
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The naira gained further on Thursday as it exchanged at N461 to the dollar at the Investors and Exporters’ window. The rate represented an increase of 0.05 per cent, compared…
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The pioneer Flour Mill in Sokoto, Kebbi and Zamfara States has commenced operation in Birnin Kebbi, the Kebbi State Capital. The firm was established by the Kebbi State Government under…
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By Mustapha Salisu MTN Nigeria has has revealed it has raised N125bn through issuance of commercial papers to boost its short-term working capital and funding requirements. The Company’ Secretary, Ufo…
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By Mustapha Salisu As part of its efforts to boost and sustain the 100-for-100 Policy on Production and Productivity that commenced in January last year, the Central Bank of Nigeria,…
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Business
Naira gains against dollar at Investors, Exporters window
by Hadiza Musa Yusuf 1 minutes readOn Monday, the naira exchanged at N461.33 to the dollar at the Investors and Exporters window. The rate represented an increase of 0.09 percent compared to the N461.75 it exchanged…
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By Mustapha Salisu The latest data from the Central Bank of Nigeria shows that the nation’s external reserves fell by $317 million in February 2023, from $36.99 billion as of…