Pilgrims: Lagos Pegs 2025 Hajj Initial Deposit at N8.5m
The Lagos State Muslim Pilgrims Welfare Board has fixed N8.5m as initial deposit for the 2025 Hajj exercise.
The board called on intending pilgrims to the Kingdom of Saudi Arabia to obtain the Hajj form from...
CBN Approves Forex Sales of $20,000 to BDCs at N1,590/$
The Central Bank of Nigeria has announced its decision to sell foreign exchange worth $20,000 to eligible Bureau De Change operator across the country.
This was disclosed by the apex bank in a statement signed by...
Domestic Investors Lead Trading as NGX Transactions Hit N3.48tn in Eight Months
The Nigerian Exchange Limited has recorded total transactions of N3.48tn year-to-date as of August 31.
This was revealed in the NGX domestic and foreign portfolio investment report for August released on Wednesday.
According to the...
NIBSS: E-payment Transactions Rises 86% to N566.39tn in 2024
The Nigeria Inter-Bank Settlement System says E-payment transactions in the country jumped by 86.44 per cent to N566.39tn in the first half of 2024 from N303.60tn in the same period of last year.
The data showed July...
Marketers Plan to Purchase Petrol Directly from Dangote Refinery
Oil marketers are seeking to deal directly with the Dangote Petroleum Refinery instead of buying the company’s Premium Motor Spirit, popularly called petrol, from the Nigerian National Petroleum Company Limited.
Dealers under the aegis of the Independent...
AGF Denies Seizure of Nigeria’s $21m By US Court
The Attorney General of the Federation and Minister of Justice, Lateef Fagbemi (SAN), has denied claims that a United States District Court authorised Louis E. Williams to seize $21m from Nigeria’s account with JP Morgan.
The Ministry...