The Central Bank of Nigeria has attributed the significant decline in oil revenue for the third quarter of 2024 to ageing pipeline infrastructure and operational inefficiencies....
By Gloria Ikibah Access Holdings Plc has announced the successful completion of its Rights Issue, raising N351,009,103,017.25 through the issuance of 17,772,612,811 ordinary shares at N19.75...
Black Market Dollar to Naira Exchange Rate (Aboki FX) – December 24, 2024. What is the Dollar to Naira exchange rate in the black market, also...
The Central Bank of Nigeria and the Nigerian Communications Commission have issued a final directive to Deposit Money Banks and Mobile Network Operators to resolve the...
The Central Bank of Nigeria (CBN) has phased out high-interest foreign exchange (FX) swaps to stabilise financial markets. It has settled 80 per cent of FX...
President Bola Tinubu donned his bragging hat on Monday when he announced that for three straight months, he has fulfilled Nigeria’s financial obligations without touching remittance...
As of Friday, December 20, 2024, the exchange rate for the US Dollar to the Nigerian Naira at the Lagos Parallel Market (Black Market) stands at:...
…N50 Billion Severance Payment Fortress Speaker of the House of Representatives, Hon. Tajudeen Abbas, PhD, has requested the Central Bank of Nigeria (CBN) to provide explanations...
Justice Deinde Dipeolu of the Federal High Court sitting in Lagos has ordered the permanent forfeiture of a warehouse built on a 1.925-hectare property along the...
Black Market Dollar (USD) To Naira (NGN) Rate As Of December 18, 2024Wondering about the current Dollar to Naira exchange rate at the black market, also...
The Central Bank of Nigeria (CBN) has introduced a daily withdrawal bar of ₦100,000 for customers using point-of-sale (PoS) terminals, as part of a broader set...
The exchange rate for the Dollar to Naira in the black market (parallel market), also known as the “Aboki FX” rate, is as follows for 15th...
Nigeria continues to face cash scarcity despite a significant year-on-year increase of N1.59 trillion in the amount of currency held outside banks. Data from the Central...
The Central Bank of Nigeria has announced that it will slam a fine of N150m per branch on Deposit Money Banks found guilty of facilitating the...
The Central Bank of Nigeria has reaffirmed the validity of the old N1000, N500, and N200 banknotes as legal tender, clarifying misinformation circulating about their status. In a statement...
The naira appreciated against the dollar in both the official and parallel foreign exchange markets on Thursday. According to data from the Central Bank of Nigeria,...
The Naira on Thursday depreciated to N1,668 per dollar in the parallel market from N1,600 per dollar on Wednesday. However, the Naira appreciated to N1,534.6 per...
According to Bureau De Change (BDC) sources, the exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players bought a dollar for...
The Central Bank of Nigeria has described as fake a circular that it authorised the sales of foreign exchange to Bureau De Change operators in the...
…direct FCT minister to ensure operation of Abuja Urban Mass Transit By Gloria Ikibah The House of Representatives has urged the Inspector General of Police and...
