The Naira opened the month of May on a negative note, trading at N1,360/$ at the parallel market, representing a...
Read moreDetailsThe Nigerian naira traded near its April low, while the dollar index approached a six-month high as the anticipation of...
Read moreDetailsThe Nigerian Naira closed the month of April in a steep decline, closing at N1,390.96/$1 in the NAFEM, where the...
Read moreDetailsA member of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), Bamidele A.G. Amoo, has said...
Read moreDetailsThe Central Bank of Nigeria (CBN) has increased the exchange rate for the Customs Service duty collection by N163. The...
Read moreDetailsLatest data from the CBN shows that the apex bank released $21.12 billion to different sectors in 2023.
Read moreDetailsThe Nigerian Naira saw a notable increase in value against the US dollar in the parallel market, reaching N1,350. This...
Read moreDetailsSome of the fintechs pointed out that the directive may have been misdirected given that most of the accounts involved...
Read moreDetailsA Federal High Court in Abuja has approved an interim order requested by the Economic and Financial Crimes Commission (EFCC)...
Read moreDetailsThe exchange rate between the Naira and the Dollar is being quoted as high as N1,380/$1 at the parallel market,...
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