UPDATED: FG imposes levy on transactions above N10,000 on Opay, Moniepoint, others
The federal government has imposed a deduction of N50 Electronic Money Transfer Levy (EMTL) from every inflow of N10,000 and above received by custome
Business
All the recent business news in Nigeria, economy and industry updates.
CBN sells $20,000 to BDCs at new rate as naira falls
The Central Bank of Nigeria (CBN), says it has approved 20,000 dollars each for eligible Bureau De Change (BDCs) at the rate of N1,580 to a dollar. Th
Africa, China trade ties hit $280bn – Tinubu
President Bola Ahmed Tinubu has disclosed that “The flourishing Economic Partnership Trade between Africa and China has grown exponentially, reaching
FRC moves to enforce governance code for NGOs, faith groups
The Financing Reporting Council (FRC) has urged non-government organisations (NGOs) and faith-based groups to uphold Nigeria Not-For-Profit Governance
Naira crashes to 1,639/$ at official market
The downward slide of the local currency worsened yesterday as the naira exchanged for N1, 639.41 to a dollar at the official rate. The figure yesterd