Bureau De Change (BDC) operators across Nigeria are expressing strong reservations against the Central Bank of Nigeria’s (CBN) recent directive that mandates them to reapply for licenses under new, stringent…
The Central Bank of Nigeria, CBN, at just concluded Monetary Policy Committee Meeting, announced four key decisions amid efforts to rescue the Naira. CBN Governor Olayemi Cardoso unveiled the decisions…
The Central Bank of Nigeria has announced 44 lists of licensed deposit money banks in Nigeria. The apex bank disclosed this in a list released on its official website on…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has revealed why stations across the country are currently selling fuel as high as ₦730 per litre. Vanguard newspaper reports that IPMAN…
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1420 and sell at N1435 on Monday 6th May 2024, according…
The Naira ended the week by appreciating marginally against the dollar in the official and parallel foreign exchange markets. FMDQ data at the close of Friday showed that the Naira…
A Federal High Court in Abuja has adjourned the money laundering trial involving the cryptocurrency exchange platform, Binance and two of its executives, Tigran Gambaryan and Nadeem Anjarwalla, to May…
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1355 and sell at N1360 on Wednesday 1st May 2024, according…
The Central Bank of Nigeria, CBN, has increased the exchange rate for calculating tariff and import duties collection at the Nation’s seaports and airports by N162.51 amid the Naira depreciation.…
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1320 and sell at N1330 on Sunday 28th April 2024, according…
