Economy

By John Ikani  Association of Bureaux De Change Operators of Nigeria (ABCON) has assured members of the public that Bureaux De Change (BDCs) will continue to provide foreign exchange services. The ABCON President, Aminu Gwadabe, gave...

By John Ikani Bankers Committee has allayed fear of increasing rise of the Dollar following the decision of the Central Bank of Nigeria (CBN) to stop the sale of forex to Bureau De Change operators. Addressing...

By Chioma Iruke Bauchi, a state in northern Nigeria, says it has begun a one-week headcount of commercial sex workers operating in the state. Permanent Commissioner, Bauchi State Hisbah Command, Aminu Balarabe, stated this at the...

  By Chioma Iruke Nigeria’s Apex bank, Central Bank of Nigeria (CBN) has ordered commercial banks to create mobile applications and alert systems to update customers of their foreign exchange movement. This follows the CBN’s ban...

By John Ikani  Naira fell significantly against the U.S. dollar at the parallel market on Wednesday noon, a day after the Central Bank of Nigeria (CBN) said it would no longer sell forex to Bureau De...

By John Ikani As part of efforts geared towards boosting electricity supply in Nigeria, the Central Bank of Nigeria (CBN) has disbursed N156.33 billion to Distribution Companies (DisCos). This was contained in a Monetary Policy Committee...