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Exit Fears: Nestle Nigeria's Financial Woes Spark Worries Among Investors
Nigeria Exit Fears: Nestle Nigeria's Financial Woes Spark Worries Among Investors
Nigeria News
2 min read
Nestle Nigeria Plc has encountered a significant financial setback, reporting a loss before tax of N104 billion for the fiscal year 2023, a stark...
Tinubu Introduces Expatriate Employment Levy to Address Wage Gaps in Nigeria
Nigeria Tinubu Introduces Expatriate Employment Levy to Address Wage Gaps in Nigeria
Nigeria News
1 min read
President Bola Tinubu took a significant stride on Tuesday by launching the Expatriate Employment Levy, a groundbreaking initiative introduced by...
Naira Crisis: Nigerian Government Continues 'Stick and Carrot' Approach as CBN Releases $20,000 to Each BDC to Stabilize Currency
Nigeria Naira Crisis: Nigerian Government Continues 'Stick and Carrot' Approach as CBN Releases $20,000 to Each BDC to Stabilize Currency
Nigeria News
2 min read
The Central Bank of Nigeria (CBN) is taking proactive measures to rectify distortions in the country's foreign exchange market, particularly in...
Nigerians Demand Action as CBN Governor Rejects Responsibility for Economic Woes
Nigeria Nigerians Demand Action as CBN Governor Rejects Responsibility for Economic Woes
Nigeria News
1 min read
In the midst of Nigeria's economic challenges, Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), addressed concerns during the first...
CBN Implements Drastic Measures: Interest Rates Skyrocket to 22.75% in Bid to Tackle Inflation Surge
Nigeria CBN Implements Drastic Measures: Interest Rates Skyrocket to 22.75% in Bid to Tackle Inflation Surge
Nigeria News
1 min read
In response to the persistent challenge of soaring inflation, the Central Bank of Nigeria (CBN) has announced a significant hike in the monetary...
Travel, Medicals, and School Fees: CBN Sets New Limits on Forex Transactions
Nigeria Travel, Medicals, and School Fees: CBN Sets New Limits on Forex Transactions
Nigeria News
1 min read
The Central Bank of Nigeria (CBN) has instituted new regulations governing the foreign exchange (FX) sales by Bureau De Change (BDC) operators, as...
Nigeria's Poverty Trap: Only About 5% Of Nigerians Have Over N500,000 In Their Bank Accounts — Wale Edun
Nigeria Nigeria's Poverty Trap: Only About 5% Of Nigerians Have Over N500,000 In Their Bank Accounts — Wale Edun
Nigeria News
1 min read
Finance Minister and Coordinating Minister of the Economy, Wale Edun, disclosed in a recent interview with Channels TV that approximately only 5%...
Naira Crisis: CBN Set to limit Cash FX Transaction to $500
Nigeria Naira Crisis: CBN Set to limit Cash FX Transaction to $500
Nigeria News
1 min read
The Central Bank of Nigeria (CBN) is contemplating significant regulatory changes for Bureau De Change (BDC) operators, including a potential ban...
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