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MTN Nigeria and other multinational business leaders have urged the Federal Government to establish a fair, competitive environment that would allow businesses to maintain their investments...
Nigeria’s Foreign Exchange (FX) reserves climbed to a peak of $34.7 billion based on figures from the Central Bank of Nigeria’s website. Naija News reports that this marks...
The Nigerian currency, the Naira, has experienced a significant decline in value, falling to ₦1,340 per dollar in the parallel market, a notable decrease from N1,300...
The Central Bank of Nigeria (CBN) has instructed banks not to utilize such foreign exchange revaluation gains to pay dividends or meet operating expenses. The apex...
The Central Bank of Nigeria (CBN) has slashed the exchange rate used to calculate import duties. The rate was slashed by 5.3%, Naija News understands. The...
Despite all measures taken recently by the Central Bank of Nigeria (CBN), the country’s currency, Naira, depreciated by N40 against the US Dollar, whereas the British...
President Bola Tinubu has assured Nigerians that his administration will resolve the foreign exchange (FX) backlogs through injection of funds into the market. The president stated...
The Central Bank of Nigeria (CBN) has directed commercial banks to refrain from utilizing their foreign exchange revaluation gains for dividends and operational expenditures. Naija News...
The Central Bank of Nigeria (CBN) on Thursday introduced a foreign exchange price verification system designed for importers to have access to forex. Naija News reports...
Nigeria’s Minister of State for Petroleum Resources, Timipre Sylva, has expressed concern over the growing theft of the nation’s crude oil, a development he said is...
Nigeria and forty-one other African and South American countries have been stripped of visas on arrival in Ethiopia. The reason for the decision is yet to...
A monthly data report by the Central Bank of Nigeria (CBN) showed that the country recorded the sum of $10.75bn foreign exchange inflow in two months....
The continuous setback to African and Nigerian economic growth, trade opportunities, and social development has been linked to illicit financial inflows. The Chairman, IoD Centre For...
The Central Bank of Nigeria (CBN) on Thursday announced that it will stop selling forex to Deposit Money Banks (DMBs) by the end of 2022. Naija...
Some Large-cap stocks recorded price losses as the Nigerian stock market declined by N598 billion at the end of last week. The NGX All-Share Index depreciated...
This is the news about Dollar to Naira rate at the official and black market exchange rate Today November 10th 2021. Read Naija News update on...
This is the news about Dollar to Naira rate at the official and black market exchange rate Today November 9th 2021. Read Naija News update on...
This is the news about Dollar to Naira rate at the official and black market exchange rate Today November 8th 2021. Read Naija News update on...
This is the news about Dollar to Naira rate at the official and black market exchange rate Today November 5th 2021. Read Naija News update on...
This is the news about Dollar to Naira rate at the official and black market exchange rate Today November 4th 2021. Read Naija News update on...