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Economy: CBN Slashes Customs FX Duty Rate By 5.3% As Naira Stabilises

The Customs FX duty rate was reviewed downward from N1630.159/$ to N1, 544.081/$ on Monday, March 04, 2024 Following the recent stability in the exchange...

CBN Revokes Licences Of 4,173 bureaux de change operators

The affected institutions listed on the CBN website failed to comply with regulations, including the “payment of all necessary fees, license renewal, within the...

Forex Trade: $26bn passed through Binance from ‘unknown sources’, CBN reveals

“In the case of Binance, in the last one year alone, $26 billion has passed through Binance Nigeria from sources and users who we...

Dangote, Elumelu, Rabiu Make List of Tinubu’s Economic Advisory Panel

Prominent members of the private sector that made the list include the Chairman of United Bank for Africa, Mr. Tony Elumelu, Chairman of Dangote...

FG To Ban Exportation Of Cooking Gas To Crash Price

All LPG produced within the country will have to be domesticated and when this is done, the volume will increase and, of course, the...

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