The Central Bank of Nigeria (CBN) has suspended foreign exchange sales to the Bureau De Change (BDC) operators until further notice. The Association of Bureau de Change of Nigeria (ABCON) had on the...
Trading on the Nigerian equity market returned to negative territory on Wednesday with 0.05 per cent dip or losses in MTN Nigeria and six other stocks. Consequently, the All-Share Index dropped 11.68 points or...
The board of the Federal Inland Revenue Service has approved the retirement of all directors that have served up to eight years. The board also approved the appointment of four Coordinating Directors and two...
The Governor of Lagos State, Babajide Sanwo-Olu, has ordered the closure of all markets not selling essential commodities such as medical equipment, water, foodstuff with effect from Thursday. Sanwo-Olu said this in a live...
The disruption to air travel due to the continued spread of coronavirus will cost Nigeria’s aviation industry over N160.58bn (using Bureau de Change rate of N370 to $1) ($434m) in revenue and 22,200 jobs, the International Air...