CBN - Central Bank Of Nigeria
Naira recorded a poor performance against the United States Dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM) and unofficial forex markets.
Nigerian Fintech company PalmPay has commented on the fraud crisis that has arisen since digital payment methods have been widely used in the continent.
The value of the naira recovered against the US dollar in both the official and black markets after falling to its lowest in history at the start of the new week.
Godwin Emefiele, the former governor of the CBN, has threatened the president of the senate, Godswill Akpabio, over comment on President Bola Tinubu administration.
On Thursday, February 22, the Senate approved the appointment of Olayemi Cardoso as the governor of the Central Bank of Nigeria to lead MPC meetings.
Once again, the Central Bank of Nigeria has increased Customs import duty exchange rate by N133, leading businesses with more headaches and Peter Obi has reacted.
Binance has placed a price cap on the sale of cryptocurrency stablecoin Tether on its platform as a means of cooperating with Nigerian authorities.
The Central Bank of Nigeria has readjusted foreign exchange rate for cargo clearance at the Nigerian ports, the third time in a week following naira's depreciation.
In Nigeria, where digital literacy levels are below par, fraudulent bank alerts orchestrated by malicious apps are becoming increasingly prevalent.
CBN - Central Bank Of Nigeria
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