CBN - Central Bank Of Nigeria
The Nigerian currency, the naira, made a marginal recovery in the official market on Tuesday, August 27, 2024, gaining N2 as against the previous day's loss.
Nigeria's economic future hinges on a shift away from its heavy reliance on oil, experts and policymakers declared at a recent First City Monument Bank seminar.
The Central Bank of Nigeria has announced a new exchange rate for cargo clearances at Nigeria's ports despite plea from expert to peg rate at N1,000 a dollar
The well-known financial technology supplier OPay announced in a statement that it has implemented a new tool called Nightguard to further secure customers' cash.
The Nigerian currency, the naira, has depreciated in value against the US dollar, pound and euro in the official and unofficial foreign exchange markets.
The Nigerian foreign exchange market experienced a massive dollar inflow in July to $7.4 billion or N11.01 trillion compared to the N10.01 trillion recorded in June.
The Central Bank of Nigeria has adjusted the rates for Standing Lending Facility (SLF) and deposits from banks using the Standing Deposit Facility (SDF).
Forbes Billionaire Index shows Nigerian billionaires, including Aliko Dangote, lost wealth, while South African billionaire Johann Rupert is Africa's richest person.
Former Central Bank of Nigeria employees have taken legal action over their dismissal from service by the administration of President Bola Ahmed Tinubu.
CBN - Central Bank Of Nigeria
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