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Saturday, February 22, 2025

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Business

CBN implements new FX sales guidelines for BDC operators

The Central Bank of Nigeria (CBN) has introduced fresh regulations limiting Bureau de Change (BDC) operators to purchasing foreign exchange from only one authorized...

Naira strengthens, reaches N1,595/$ in parallel market

The Naira appreciated to N1,595 per dollar in the parallel market on Tuesday, up from N1,610 per dollar on Monday. This marks a N45 week-on-week...

Revamped Port Harcourt, Warri refineries to drive down petrol prices – PETROAN

The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has expressed confidence that the recent revival of the Port Harcourt and Warri refineries...

Naira strengthens against dollar, FMDQ data reveals

The Naira continued its upward trend on Wednesday, further appreciating in the official market to N1,510.72 per dollar. According to data from the FMDQ Securities...

Marketers opt out of Dangote’s Refinery as imported petrol becomes cheaper

The landing cost of imported Premium Motor Spirit (PMS) has decreased to ₦922.65 per litre, a ₦32.35 reduction compared to the ₦955 per litre...

UI Economics department not ordinary- Adenikinju

The president of Nigerian Economic Society and former Head, Department of Economics University of Ibadan, Professor Adeola Adenikinju, has challenged students and alumni of...

Minimum wage: Alao demands full enforcement in Oyo

A chieftain of the All Progressives Congress (APC) in Oyo State and former gubernatorial aspirant, Engineer Hakeem Alao has urged Governor Seyi Makinde to...

NCC okays spectrum renewal agreement between MTN, NTEL

The Nigerian Communications Commission (NCC) has granted approval for the renewal of the spectrum lease agreement between MTN Nigeria Communications Plc and Natcom Development...

CBN sets N100,000 daily withdrawal limit for PoS transactions

The Central Bank of Nigeria (CBN) has introduced a daily withdrawal limit of N100,000 for Point-of-Sale (PoS) transactions as part of its efforts to...

Financial freedom possible through CBEX trade, join training group for more details

Cbex is an exchanger and a trading platform. You put your funds there first. Then you follow signals, which are only released twice a day...

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