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Naira Strengthens Against Dollar: Central Bank Policies Paying Off
News

Naira Strengthens Against Dollar: Central Bank Policies Paying Off

The value of the naira has improved against the US dollar, now at N1,278.58 compared to N1,309.39 last week. This

Central Bank of Nigeria Sells Record Amount of Treasury Bills to Boost Foreign Investment
News

Central Bank of Nigeria Sells Record Amount of Treasury Bills to Boost Foreign Investment

The Central Bank of Nigeria sold a lot of Treasury Bills, about N1.3 trillion, to attract investors from other countries.

The Nigerian government imposed a $10 billion fine on Binance for allegations related to the forex crisis.
News

The Nigerian government imposed a $10 billion fine on Binance for allegations related to the forex crisis.

The Nigerian government fined cryptocurrency trading firm Binance $10 billion for allegedly contributing to the country’s monetary crisis. Special adviser

CBN resumes daily $20,000 forex sales to bureaux de change to stabilise the naira.
News

CBN resumes daily $20,000 forex sales to bureaux de change to stabilise the naira.

The Central Bank of Nigeria (CBN) has restarted daily forex sales of $20,000 to qualifying Bureaux de Change (BDCs) following

EFCC arraigns six for selling naira notes in Lagos
News

EFCC arraigns six for selling naira notes in Lagos

  Six people have been apprehended in Lagos by the EFCC for engaging in currency racketeering and profiting from selling

The Nigerian government $700 million OB3 gas pipeline is set to be completed in March 2024.
News

FG sets $10 billion to stabilize naira and grow economy

  President Bola Tinubu, at the Public Wealth Management Conference in Abuja, announced a $10 billion initiative to enhance foreign

CBN resumes daily $20,000 forex sales to bureaux de change to stabilise the naira.
News

Naira to British Pound Exchange Rate Has Reached a Record Low of Over 2,000 Naira

Nigeria’s indigenous currency, the Naira, is depreciating significantly against the British pound, with the parallel market value of Naira rising

CBN resumes daily $20,000 forex sales to bureaux de change to stabilise the naira.
News

Naira Falls to ₦1,610 Against Dollar: Market Update

The value of the Naira continued its downward trend on Thursday, February 15, depreciating to ₦1,610 against the United States

Pastor E.A Adeboye Urges Strong Prayer Amidst Naira/Dollar Exchange Rate Concerns
Entertainment

Pastor E.A Adeboye Urges Strong Prayer Amidst Naira/Dollar Exchange Rate Concerns

The General Overseer of the Redeemed Christian Church of God, RCCG, Pastor Enoch Adeboye, expressed concern over the increasing Naira

CBN Implements Measures to Unify Naira Exchange Rates Amidst Decline
News

CBN Implements Measures to Unify Naira Exchange Rates Amidst Decline

The Federal Ministry of Finance, Central Bank of Nigeria (CBN), and EFCC are collaborating to stabilize the Nigerian naira amidst