ADVERTISEMENT ADVERTISEMENT The naira continued its appreciation against the US dollar despite a drop in foreign exchange turnover transactions at the FX market. Data from FMDQ...
ADVERTISEMENT ADVERTISEMENT Nigerian commercial banks have set withdrawal limits on their automated teller machines (ATMs), TheCable can report. Findings by TheCable also showed the limits vary...
ADVERTISEMENT ADVERTISEMENT USD is being traded at ₦1,290 in Black Market (Lagos) today, Tuesday, April 2, 2024. USD has been traded at ₦1290 when Black Market...
ADVERTISEMENT ADVERTISEMENT In the first six months after taking office, 13 new state governors collectively borrowed N226.8bn from domestic and external financiers. This emerged as findings...
ADVERTISEMENT ADVERTISEMENT The naira, on Friday, appreciated to N1,280 per dollar at the parallel section of the foreign exchange (FX) market. The current FX rate signifies...
ADVERTISEMENT ADVERTISEMENT The Nigerian economy recorded $1.5 billion inflow within a week after the Central Bank of Nigeria (CBN) raised the Monetary Policy Rate (MPR) by...
ADVERTISEMENT ADVERTISEMENT Snail farming, also known as heliciculture, is a type of agricultural practice that involves the rearing of snails for various purposes, including food, cosmetics,...
ADVERTISEMENT ADVERTISEMENT Days after urging Nigerian banks to expedite action on the recapitalisation of their capital base in order to strengthen the financial system, the Central...
ADVERTISEMENT ADVERTISEMENT Contrary to rumors circulating on social media platform X (formerly Twitter), Bureau De Change (BDC) operators have rejected claims suggesting that the dollar is...
ADVERTISEMENT ADVERTISEMENT In a startling revelation, the Central Bank of Nigeria (CBN), Governor Yemi Cardoso, has disclosed that law enforcement agencies are investigating foreign exchange forwards...
ADVERTISEMENT ADVERTISEMENT The Central Bank of Nigeria has issued a circular to Bureau De Change operators informing them of the sale of $10,000 to each BDC...
ADVERTISEMENT ADVERTISEMENT Give a girl education, she would achieve enviable heights – Hon. Justice Olabode Rhodes-Vivour If you educate a boy-child, you educate a man. If...
ADVERTISEMENT ADVERTISEMENT The Managing Director/Chief Executive Officer of Financial Derivatives Company Limited Bismark Rewane believes better days are ahead for the country’s currency, the naira. On...
ADVERTISEMENT ADVERTISEMENT With billionaire Femi Otedola in the saddle as its new Chairman, First Bank of Nigeria Holdings Plc, on Wednesday, appointed two new non-executive directors...
ADVERTISEMENT ADVERTISEMENT The Central Bank of Nigeria (CBN) says it has cleared all valid foreign exchange backlogs. This was disclosed by the Bank’s Acting Director, Corporate...
ADVERTISEMENT ADVERTISEMENT The Federal Government of Nigeria, under President Tinubu‘s administration, has sought an extension of the detention of two Binance officials. The Economic and Financial...
ADVERTISEMENT ADVERTISEMENT The Federal Government and the Organisation of Petroleum Exporting Countries (OPEC) have disagreed on Nigeria’s average daily crude oil production, with Wale Edun, Minister...
ADVERTISEMENT ADVERTISEMENT The naira yesterday depreciated to N1,620 per dollar in the parallel market from N1,615 per dollar on Tuesday. Similarly, the naira yesterday depreciated to...
ADVERTISEMENT ADVERTISEMENT Africa’s share of global trade has remained stagnant at approximately 3% or less, but there are opportunities for improvement. This was according to the...
ADVERTISEMENT ADVERTISEMENT CBN naira to dollar rate today 9th March 2024 can be accessed below. The official CBN Dollar To Naira exchange rate today, which also...