FX convergence: ABCON seeks autonomy to digitise operation
The Association of Bureaux Des Changes Operators of Nigeria (ABCON) has urged the CBN to democratise and centralise the operation of it's members by granting them autonomy to go digital.
Crude Oil Refiners Task CBN On Intervention Fund
The Crude Oil Refiners Association of Nigeria (CORAN), the umbrella body of indigenous crude oil refiners, has appealed to the Central Bank of Nigeria(CBN) to create crude refinery intervention fund for its members.
Polaris Bank explains easy conversion of dollars to naira
Polaris Bank, one of Nigeria’s new generation banks, has outlined steps for converting dollars to naira at customers’ convenience.
Nigeria takes legal action against Binance demanding $81.5b…
Nigeria has filed a lawsuit demanding $81.5 billion from Binance for the economic losses it claims were caused by the exchange's operations in the...
Why Nigeria’s inflation hits 26.72% in September
The Nigerian Bureau of Statistics on Monday, announced the rise of the nation’s annual inflation to 26.72% in September from 25.8% in August.
FG shares N1.13trn December 2023 revenue to states, LGAs
The Federation Account Allocation Committee (FAAC) says it shared N1.13 trillion among the three tiers of government as revenue in December 2023.
The total figure...
