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CBN Boosts Naira with $20,000 Sale to BDCs at N1,450/$1
Nigeria CBN Boosts Naira with $20,000 Sale to BDCs at N1,450/$1
Nigeria News
1 min read
The CBN has authorized the sale of $20,000 to each BDC at N1,450/$1 to bolster the naira and address forex market challenges. This initiative aims...
Today's Naira Rate[18-07-2014]: Economic Crisis Deepens as Naira Hits Historic Low of N1,600/$1 in Parallel Market
Nigeria Today's Naira Rate[18-07-2014]: Economic Crisis Deepens as Naira Hits Historic Low of N1,600/$1 in Parallel Market
Nigeria News
2 min read
Nigeria's Naira hits a historic low, trading at N1,630/$1 on online platforms. The currency crisis, driven by high demand and limited supply...
Meet Didi Esther Walson-Jack: Nigeria's New Head of Civil Service
Nigeria Meet Didi Esther Walson-Jack: Nigeria's New Head of Civil Service
Nigeria News
2 min read
President Tinubu appoints Didi Walson-Jack as Nigeria's new Head of Civil Service, effective August 14, 2024, succeeding Dr. Folasade Yemi-Esan...
Dangote Refinery Blasts IOCs for Crude Supply Obstruction and Price Inflation
Nigeria Dangote Refinery Blasts IOCs for Crude Supply Obstruction and Price Inflation
Nigeria News
2 min read
The Dangote Refinery accuses International Oil Companies (IOCs) of obstructing crude purchases and inflating prices. Despite the Petroleum...
Dangote says Company’s projected $30bn revenue will boost the Naira value
Nigeria Dangote says Company’s projected $30bn revenue will boost the Naira value
Nigeria News
4 min read
Aliko Dangote announced that Dangote Group aims to be the leading FX supplier, targeting $30 billion in revenue by 2025. This shift aims to boost...
Nigeria Receives $751.88 Million from World Bank's $1.5 Billion Loan Package
Nigeria Nigeria Receives $751.88 Million from World Bank's $1.5 Billion Loan Package
Nigeria News
2 min read
Nigeria secures $751.88 million from World Bank's $1.5 billion loan for economic reforms. The RESET program aims to boost revenues, expand social...
Today's Naira Rate[16-07-2014]: Trump Speculation and Domestic Pressures Drive Naira to N1,577/$
Nigeria Today's Naira Rate[16-07-2014]: Trump Speculation and Domestic Pressures Drive Naira to N1,577/$
Nigeria News
2 min read
Nigerian naira hits lowest level since March, trading at N1,577/$. Factors include high dollar demand, soaring inflation, and global economic...
Today's Naira Rate[15-07-2014]: Naira Weakens as USD Exchange Rate Reaches N1550 in Black Market
Nigeria Today's Naira Rate[15-07-2014]: Naira Weakens as USD Exchange Rate Reaches N1550 in Black Market
Nigeria News
1 min read
Discover today's USD to NGN black market exchange rate, where buyers purchase dollars at N1550 and sellers sell at N1575, contrasting with CBN's...
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