The naira on Thursday appreciated further against the dollar at the parallel market, trading at N530 per dollar. The naira has thus gained N10, which is...
A former Deputy Governor of the Central Bank of Nigeria, Kingsley Moghalu, says the value of the naira will fall from N570/$1 to N400/$1 at the...
The Central Bank of Nigeria (CBN) has denied a claim that it directed banks to convert all customers’ domiciliary accounts meant for dollar and other hard...
The naira has continued its free fall against the United States dollar and other major currencies as it traded between N540 and N550 to one dollar...
The Federal Government will recover millions of naira wrongly paid to 588 medical doctors across the country. Minister of Labour and Employment, Sen. Chris Ngige, stated...
The Central Bank of Nigeria says it is working with the police, the Economic and Financial Crimes Commission, the Federal Inland Revenue Service and the Nigerian...
The naira on Friday exchanged at N502 to one dollar on the parallel market due to what finance experts termed pressure from panic buyers on the...
The Central Bank of Nigeria (CBN) has adopted the Nigerian Autonomous Foreign Exchange (NAFEX) rate and updated its website to reflect the new rate. It gave...