Business

The latest Legacy Magazine Business News: breaking personal finance, company, financial and economic news, plus insight and analysis into Nigeria and global markets

Forex: CBN approves wider margin for BDCs

Apex bank boosts liquidity with $210m The Central Bank of Nigeria has approved an upward review of the trading margin available to operators of Bureau De Change in the country. The Acting Director, Corporate Communications Department, CBN,...

Naira depreciates against dollar at parallel market

  Dollar and Naira bills The Naira on Friday depreciated against the dollar at the parallel market in Lagos, the News Agency of Nigeria (NAN) reports. The Nigerian currency lost one point to exchange at N363, weaker...

Early Investments Every Entrepreneur Should Make

Elon Musk is the kind of visionary who's worth keeping tabs on. So when in July he made an under-the-radar purchase of X.com -- a domain name he originally owned even before that company merged with PayPal -- savvy entrepreneurs...

We can’t produce national identity cards for everyone – NIMC

The National Identity Management Commission has said that it cannot produce national identity cards for everyone who enrolled for it despite the huge public clamour for it. According to the commission, national identity cards that are...

Council condemns transfer of operating cost of telecoms operators to consumers

The Consumer Protection Council says telecom operators’ decision to transfer their operating cost to customers is unacceptable. The Director-General of CPC, Babatunde Irukera made this known at end of the E-Payment Providers Association of Nigeria workshop...

The End of Danfo in Lagos

The desire to give Lagos a world-class transportation system apparently informed the recent disclosure by Lagos State Governor Akinwunmi Ambode that he intends to remove the yellow mini-buses popularly called Danfo from the city’s roads...