Business

CBN: FX Reforms Aimed at Transparency, Liquidity, Discouraging Speculation

It has pegged the withdrawal from domiciliary accounts at $10, 000 per day.

1 year ago

Bloomberg: Nigeria’s Oil Shipping Costs Soar as Tanker Owners Steer Clear

THISDAY reported last week that at least two oil tanker owners were staying away from Nigeria after several companies received…

1 year ago

ICAN to World Bank: Use Our Accountability Index to Approve Loans for Nigerian Government

It's President said ICAN is positioned to play a vital role in the improvement of public sector financial management and accountability…

1 year ago

Afreximbank Pushes Ahead with Continental Payment System as Several Countries Join

The platform has started commercial operations with nine countries signed up so far, the Bank's President Oramah said.

1 year ago

Amazon, Marriott And Other Companies Vow to Hire Thousands of Refugees in Europe

Just ahead of World Refugee Day on Tuesday, more than 40 corporations say they will hire, connect to work or…

1 year ago

Microsoft Says Early June Disruptions to Outlook, Cloud Platform, Were Cyberattacks

Microsoft's explanation in a blog post Friday evening followed a request by The Associated Press two days earlier. Slim on…

1 year ago

CBN Okays eNaira as Payment Option for Diaspora Remittance

It said the move was in furtherance of efforts to liberalise the payout of diaspora remittances.

1 year ago

Four More Countries Show Interest in $25bn Nigeria-Morocco Gas Pipeline

The pipeline which will originate from Brass Island (Nigeria) will supply gas to Morocco, 13 other African countries and Europe.

1 year ago

IMF Salutes FX Unification as Naira Rises to N663/$1 at I&E Window

The Fund said it's ready to provide technical assistance to enable the policy succeed.

1 year ago

Naira Expected To Reach N600 to $1 In Coming Months, Says JP Morgan

It was reported on Wednesday that the naira, during trading hours at the I&E window, sold for between N750 and…

1 year ago