CBN - Central Bank Of Nigeria
Naira crashes again against dollar, pound, euro in all FX markets, traders quote new exchange rates
Nigerian currency, the naira, has dropped in value against the United States dollar, pound, euro in both the official and unofficial foreign exchange markets.
SEC issues new guideline to cryptocurrency dealers, give 30 days window to meet directive
The Nigerian Securities and Exchange Commission has modified the laws governing the issuance of digital assets, platforms for their offering, exchange, and custody.
Importers to pay less as Customs set to establish stable FX rates for imports
The Nigerian Customs Service has disclosed plans to set a stable foreign exchange rate for importers in Nigeria, saying that it is working with the CBN.
Otedola buys more First Bank shares, overtakes rival to become largest shareholder
Nigerian billionaire Femi Otedola has reclaimed the position of majority shareholder in First Bank after acquiring additional shares ahead of his rival.
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Dangote sets another record as his refinery's electricity surpasses Nigeria’s eleven years capacity
In eleven years, Nigeria managed to add a 760 megawatts of power to the national grid; by comparison, the Dangote refinery produced 1,500 megawatts in less time.
CBN updates British pound, dollar rate as naira crashes after banks, others shut down for 48 hours
On Wednesday, June 19, the Central Bank of Nigeria released new data showing that the naira fell versus the British Pound while the dollar closed flat.
Man having money in Heritage Bank celebrates as he gets credited, shares how it happened
A Nigerian man has taken to social media to celebrate getting back the money he kept with Heritage Bank. He shared how the money was sent to him.
Heritage Bank: Nigerian man who almost sued bank over his savings reacts to their liquidation
Months ago, a Nigerian man threatened to sue Heritage Bank for refusing him transferring his all his money domiciled with them. Now, he has the last laugh.
CBN - Central Bank Of Nigeria
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