In the midst of Nigeria’s currency scarcity, the Central Bank of Nigeria (CBN) has issued a stern caution to citizens regarding the proliferation of counterfeit Naira...
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...
Parts of the Federal Capital Territory (FCT) are grappling with a shortage of Naira just as the festive season approaches. The AYA area in Abuja witnessed...
The Nigerian naira experienced a depreciation in the parallel market, falling to N1,200 per dollar from N1,172 on Wednesday. However, contrasting this trend, the Nigerian Foreign...
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)...
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...