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The naira remained stable against the US dollar at the Investors and Exporters window on Friday to close at N410/$1.
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The Central Bank of Nigeria has provided updates to the financial market, investors and the public on the recent movements in the foreign exchange...
Global stock markets extended their recent rout at the weekend, with S&P 500 companies wiping out $5 trillion in stock market value since U.S....
The Nigerian naira faced mixed fortunes on Wednesday, April 3, 2025, depreciating at the official market while remaining stable on the parallel window. At...
The Nigerian equity market continues to gain traction, with 11 listed companies boasting a market capitalisation of over US$1bn as of April 10, 2025....
Global financial services firm, JP Morgan Chase, yesterday, warned that the substantial decline in oil prices below its break-even of $60 per barrel, will...
The naira remained stable against the US dollar at the Investors and Exporters window on Friday to close at N410/$1.
The target of the CBN are Nigerians in the diaspora who they want to offer N5 for every $1 remitted to Nigeria.
To be eligible, the diaspora remittances need to be processed and received from one of the registered IMTOs and funds received into a Bank...
Timi Agama, head of registration, exchanges, market infrastructure and innovation department of SEC said the world cannot be moving forward while Nigeria remains static.
Ari Aisen, IMF resident representative for Nigeria, said many central banks all over the world have taken a similar stance on cryptocurrency.
The world’s largest cryptocurrency, garnered renewed interest in January when Musk began to tweet and about his investment.
The Naira depreciated against the dollar at the Investors and Exporters (I&E) window on Monday, closing at N409.67/$1.
The West African nation’s currency has been devalued twice since March last year.
The present administration has resisted increasing calls by some businesses and state governors who have been negatively impacted by an artificially overvalued naira to...
The CBN may have also confirmed the forex pressures businesses are facing in its monetary policy communique of January 26, 2020 when it cited...