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Forex Crisis: CBN stops Opay, Moniepoint, Kuda from accepting new customers

The Central Bank of Nigeria (CBN) has barred some microfinance banks, including Moniepoint, Opay, PalmPay and Kuda, from opening new accounts and accepting new...
Business

Businesses cripple as Sokoto waterboard disconnects big consumers

Sachet water producers, building block moulders, car wash and commercial toilets owners in Sokoto are facing business interruptions after the State Water Board disconnected...
Money Talks

Dollar to Naira Exchange Rate: April 28, 2024

Dollar to Naira Exchange Rate news on Daily News 24 If you're planning to travel to Nigeria or do business with Nigerian companies, it's important...
Business

Indomie clears air on price reduction in spite inflation

The recent drop in the cost of indomie noodles is due to noticeable improvement in the country’s economy in recent times and not linked...
Business

Dollar rise: EFCC nabs 34 alleged currency speculators

The Economic and Financial Crimes Commission (EFCC) has arrested 34 persons accused of currency speculation and foreign exchange fraud in Abuja, FCT. Daily News...
Business

FCCPC to review new DSTv, GOTv tariff hike by multi-choice

The Federal Competition and Consumer Protection Commission (FCCPC) says the recent price increases in MultiChoice cable subscriptions will reviewed by relevant stakeholders to ensure...
Business

Naira slumps to N1,450/1$ at parallel market, despite CBN intervention

The naira has continued to plunge against the U.S dollar, falling to N1,450 to $1 on Thursday at the parallel market. This represents a decrease of...
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