Money
CBN releases new exchange rates for naira against dollar, pound, euro
The Central Bank of Nigeria has released the latest exchange rates for the naira against the dollar, British pound, euro, and other foreign currencies after trading.
Access, UBA, Zenith, GTB, other banks release new interest rates for loans, savings
The Central Bank of Nigeria revealed that banks, including Access, UBA, Zenith and others, have made changes to their loan, and savings account interest rates.
Nigeria Airways workers beg for entitlements 30 years after airline's liquidation
Nigeria Airways workers are urging President Bola Tinubu to pay their entitlements after 30 years of waiting following the airline's liquidation.
EFCC takes action as fraudsters steal N52.26 billion from Nigerian banks
A N52 billion fraud loss by Nigerian banks in 2024, despite ongoing attempts to strengthen security systems, underscores the growing complexity of financial crimes.
Dealers raise dollar exchange rate in black market as naira gains in CBN’s official market
The value of the naira improved against the dollar in the CBN Nigerian Foreign Exchange Market (NFEM) but black market traders increased the dollar exchange rate
CBN data shows credit to government declined by 38.1% to N24.5trn
Data from the Central Bank of Nigeria has revealed that financial institutions credit to the government has reduced as amid changes in economic realties.
Naira in trouble as foreign reserves drop for 33 straight days
The Central Bank of Nigeria has revealed that Nigeria's foreign exchange reserves have recorded a significant decline falling for 33 straight days,
Naira appreciates: Dealers sell pound, euro, Canadian dollars at new exchange rate
The Nigerian currency, the naira has improved in value since the Central Bank of Nigeria introduced the Electronic Foreign Exchange Matching System (EFEMS).
Finland opens application portal for Nigerians, others to emigrate, offers N2.2m minimum wage
The Finnish government has announced the opening of the application portal for Nigerians and other foreign nationals to apply for seasonal visa work permits.
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