In response to the prevailing foreign exchange crisis, the Central Bank of Nigeria (CBN) has adjusted the timeline for issuing letters of credit, extending it from...
The Nigerian Naira faced a decline against the US Dollar at the official foreign exchange market. Official data from FMDQ revealed that the Naira depreciated to...
The House of Representatives’ Committee on Public Petitions has called for the issuance of arrest warrants against key figures, including the Governor of the Central Bank...
In a positive start to the week, the Nigerian Naira strengthened its position against the US Dollar on Monday in the foreign exchange market. Official data...
In response to a recent directive from the Central Bank of Nigeria (CBN), customers flooded banking halls on Monday to link their Bank Verification Numbers (BVN)...
In a recent report by Daily Trust on Sunday, Nigeria’s foreign exchange crisis is expected to persist due to factors such as low crude oil production...
The Central Bank of Nigeria (CBN) has declared its intention to freeze accounts lacking a Bank Verification Number (BVN) or National Identification Number (NIN) starting April...
The Nigerian naira experienced an uptick in the parallel market, reaching N1,165 per dollar compared to Wednesday’s rate of N1,167 per dollar. Conversely, the official Nigerian...
Nigeria’s currency, the Naira, witnessed a depreciation against the US Dollar on Monday in the foreign exchange market. According to official data from FMDQ, the Naira...
In response to the recent directive from the Governor of the Central Bank of Nigeria, Dr. Olayemi Cardoso, chief executive officers and top executives of...