Business
Senate Moves To Secure CBN Grant Permits For Offshore Banking
Chairman, Senate Committee on Trade, Industry and Investment, Senator Francis Fadahunsi, has said the National Assembly would ensure the Central...
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Banking Sector Tops Nigeria’s Stock Exchange
Nigeria's banking industry, last week, outpaced other sectors on the stock exchange with a gain of 1.3%. The NGX Banking...
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Lagos Tops 2nd Highest with Intercity Bus Transport Fares in Nigeria
The average fare paid by Nigerian commuters for a bus journey within the city increased by 79.39% year-on-year to stand...
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Air Peace Expands Flights to Lagos-Ilorin
Air Peace has commenced daily flights to Ilorin from Lagos and back, as well as to Abuja, as part of...
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Lagos Backseats at 20th In Cities Ranking for Ease of Doing Business
Lagos State has emerged as the 20th on Nigeria’s subnational ease of doing business survey. The survey conducted by the...
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CBN Issues Non-Interest Banking License to Lotus Bank
The Central Bank of Nigeria (CBN) has granted a non-interest banking licence to Lotus Bank Limited. This follows Lotus Bank’s...
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Naira Gains Across Forex Markets Amid CBN Intervention
The exchange rate between the naira and the US dollar closed at N411.5/$1 at the official Investors and Exporters window....
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Lagos Paid Highest for Petrol in May
The National Bureau of Statistics (NBS) says Lagos, Benue and Ebonyi states paid highest for petrol, at an average price...
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Exchange Rate Drops at Forex Markets Despite Rising Dollar Liquidity
The exchange rate between Naira and the US dollar closed, yesterday, at N411.75/$1 at the official Investors and Exporters window....
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World Bank Blames CBN For Nigeria’s Forex Crisis, Offers Solutions
The World Bank has tied the Central Bank of Nigeria to the Foreign exchange crisis currently being experienced in the...
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