Category: Business

CBN compels sellers of Forex above $10,000 to declare sources of money.

  The Central Bank of Nigeria,CBN,has mandated foreign exchange sellers to Bureau De Change of the equivalent of $10,000 and above to declare their forex sources....

CBN asks Customs To Use Official FX Rate For Import Duty

  The Central Bank of Nigeria, CBN, has instructed the Nigerian Customs Service (NCS) to utilise the forex closing rate on the date of the form M submission by...

Forex Crisis:FG wields big stick bans Binance,OctaFX, Coinbase,others

See Full List   The Federal Government has moved against online platforms of Binance and other cryptocurrency firms over alleged manipulation of the forex market....

Escalating Prices:FG Bans Cooking Gas Export

  The Federal Government has banned the exportation of Liquefied Petroleum Gas, popularly called cooking gas. According to the government, the move is in a bid to...

CBN:Senate confirms Cardoso, Yuguda, 10 others as MPC members

  The Senate has confirmed the appointment of 12 persons as members of the Monetary Policy Committee of the Central Bank of Nigeria (CBN).   This confirmation...

Hardship:Civil servants in Lagos to be at work three times a week – Sanwo-Olu

    Certain categories of civil servants are now to be at work three times in a week from next week. This was contained in his statement while talking to...

Celebrating the Unbreakable Naija Spirit:Bigi Unveils New TVC

  In it’s bid towards celebrating Nigeria’s unbreakable spirit,Bigi,the top notch carbonated drink,has released a new television commercial (TVC) that...

Why we are relocating Computer Village-LASG

Says Current location residential area The Lagos State Government said it decided to relocate the popular Computer Village in Ikeja to Katangua in Abule-Egba area...

Building an Authentic Fashion Brand Identity in the Digital Age – Victor Adewole, Creative Director, Vixteau Couture

  By Omolara Akintoye     In today’s fast-paced digital world, building a fashion brand that stands out requires more than just great designs; it...

AEDC Threat of Disconnection:Tinubu directs immediate payment of Outstanding Electricity Bill

  President Bola Tinubu has directed the immediate settlement of outstanding electricity bills due to the Abuja Electricity Distribution Company. The Special...