Naira Reboots as Nigeria Tames Dark Economy Spurious FX Demand The Nigerian naira has maintained firm tone across the foreign exchange markets as fear gripped currency speculators. The apex bank’s…
The Economic and Financial Crimes Commission (EFCC) says it is investigating several celebrities involved in Naira abuse. The anti-graft commission, in a statement on Sunday by its spokesperson, Dele Oyewale,…
The Economic and Financial Crimes Commission (EFCC) says it is investigating several celebrities involved in Naira abuse. According to the anti graft agency, many of them have made useful statements…
FX Inflows, Zero Speculation Boost Nigerian Naira Outlook The Nigerian naira has maintained firm tone across the foreign exchange markets as fear gripped currency speculators. The apex bank resolve to…
Nigerian indigenous carrier Air Peace recently broke the exclusivity hitherto enjoyed by foreign airlines on the London route with its inaugural flight to Lagos-London Gatwick Airport on March 30, 2024.…
concern, the six months sentence handed down to Mr. Okuneye Idris Olarewaju (AKA Bobrisky), without an option of fine, for Naira mutilation offence, as reported by various National news platforms.…
Naira Reclaiming Value Amidst Growing Foreign Currency Debts The Nigerian naira was last exchanged at N1230.61 per US dollar at the official window, according to information from the FMDQ Securities…
With the successes recorded by President Bola Tinubu administration’s intervention in the foreign exchange market and resumption of full operations by the refineries, a stronger Naira should be achieved by…
The Minister of Power, Adebayo Adelabu, with the gains by the naira against the United States dollar in the last few weeks, electricity tariff paid by Nigerians should moderate positively.…
Returns on Nigerian Treasury Bills Slide Ahead of Inflation The average yield on Nigerian Treasury bills declined as demand for short-term investment increase in the secondary market. There was a…
Naira Trades at N1230 at Official, Parallel Markets after FX Boost The Naira strengthened by 1.63% in the foreign exchange market, ending at ₦1,230.61 per US dollar in the official…
Stop Using Forex as Collateral For Naira Loans, CBN Warns Bank Customers The Central Bank of Nigeria (CBN) has warned bank customers to desist from using foreign currency as collateral…
Bitcoin Hits $72,000 as Demand for Crypto Grows The market price of Bitcoin, the most expensive and largest digital assets, crossed $72,000 briefly on Monday before it retraces. As such,…
Naira Bulls Keep things Hot for FX Speculators Amidst rapt of estimates showing that the naira is overwhelming underpriced, the sustained recovery of the local currency has kept things hot…
37 year old farmer and businessman Muhmeen Azeez, a native of Atiba local government in Oyo State, Nigeria, faces a harrowing ordeal as he navigates the perilous landscape of terrorism…
Nigerian Breweries to Raise N600bn from Shareholders Due to the need to raise its capital profile, Nigerian Breweries (NB) Plc will be raising N600 billion from its shareholders. Those shareholders…
Equities Investors Wealth Declines by N623bn in Nigerian Market Investors in stocks lost roughly N623 billion as a result of selling rallies on the Nigerian Exchange (NGX) floor the previous…
Naira Strengthens Against Dollar by 0.32% The Naira on Friday strengthened at the official market, trading at N1,251.05 to a dollar. Data from the official trading platform of the FMDQ…
Nigerian Child’s Future Brighter With Education Loans- Tinubu President Bola Tinubu says the future of the Nigerian child will be brighter as the path to take them out of poverty…
Shettima Urges Nigerians to Support I-FAIR, Transformative Agenda Vice-President Kashim Shettima has implored Nigerians to support the Israel-Nigeria Innovation Fellowship for Aspiring Inventors and Researchers (i-FAIR) initiative to advance the…
