CBN Lifts Restriction On Domiciliary Accounts, Allows $10k Withdrawals
CBN Issues Further Guidance on Operational Changes to Foreign Exchange Market
Following the Central Bank of Nigeria (CBN) press statement of June 14, 2023, on...
Tony Elumelu, family raise stake in Transcorp to 36%
Nigerian tycoon Tony Elumelu and his family upped their stake in Transnational Corporation Plc (Transcorp) to more than one-third, taking their combined interest in the conglomerate to 14.6...
CBN floats naira, grants banks freedom to trade forex at any rate
The Central Bank of Nigeria (CBN) has authorised commercial banks to freely trade foreign exchange at any rate.
The authorisation means that banks now have...
Top 5 highest salary-paying Nigerian companies
PulseNets presents a list of top Nigerian companies that paid the highest average salary per staff in Nigeria in 2022.
Access Holdings, Nigerian...
Top 10 African countries with the largest gold reserves
Algeria is the African country with the largest gold holding, at 174 metric tons.
The North African country was followed by South Africa,...
Nigeria bans Binance operation, declares it illegal entity
SEC bans Binance operation in Nigeria, declares it illegal entity
The attention of the Securities and Exchange Commission (the Commission) has been drawn to the...
Fuel subsidy: Nationwide shutdown looms as inflation bites harder
Since President Bola Tinubu announced the abolition of the fuel subsidy regime on Monday, May 29, 2023, the country has been in a state...
Naira stable at official market window
Naira recorded no movement against the United States dollar on the official market to trade at N464.67 per $1 local on Friday.
This is the...
NNPC supports Tinubu on Fuel Subsidy Removal
The Nigerian National Petroleum Company Limited (NNPCL) has welcomed the pronouncement of President Bola Tinubu on the removal of fuel subsidy.
The President, in his...
Banks can now issue NIN cards to Nigerians — Minister
The federal government says Nigerians can now request their commercial banks to issue them with a debit card which doubles as their National Identity...
