Naira
BDC operators blow hot, send message to CBN over new capital base
The CBN's regulatory guidelines, establishing minimum capital base at N2 billion for Tier-1 and N500 million for Tier-2 operators, were rejected by BDC operators.
BDC traders sell dollar at new exchange rate as naira stands firm in official market
BDC traders in Nigeria are selling the US dollar at a new rate as the naira performed well in the official foreign exchange market amid an increase in supply.
Old pics of Naira Marley, Zlatan after their EFCC saga trends: "Thank God he moved away from him"
Amid the recent celebrations for rapper Zlatan on his 10th year in the music industry, an old image of the singer and Naira Marley trended online and drew reactions.
Nigerian refinery achieves new feat one year after commencing diesel, other fuel production
To enhance their investment in the state, Don Mac Limited, Edo Refinery, and Dufil Prima Foods have received incentives related to pioneer status.
More Nigerians abandon entrepreneurship dreams, return to job market as economy bites hard
The National Bureau of Statistics said the number of small-scale industrialists in Nigeria has significantly reduced as the economy bites harder.
Official, black market rates gap widens as traders adopt new naira to dollar exchange rate
The naira's inconsistent run against the dollar continues in the official and unofficial markets and FMDQ, the data provider, has shared more interesting insights.
FG to begin distribution of N2.5 million loan to Nigerian businesses, states requirement to apply
The Bank of Industry (BoI) and the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) have signed a deal to provide single-digit lending rates.
Dollar supply rise as CBN issues new rules to black market traders on street FX trading, naira gains
The Nigerian foreign exchange market recorded an increase of more than 200 per cent, leading to the naira's appreciation in the official forex market.
CBN announces new Customs dollar exchange rate, importers to pay more to clear goods
The Central Bank of Nigeria has decided to increase the foreign exchange rates for cargo clearance in Nigerian ports following the depreciation of the naira.
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