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Today's Naira Rate [04-05-2024]:Naira Holds Steady at 1,380 Against Dollar Amid Currency Market Turmoil
Nigeria Today's Naira Rate [04-05-2024]:Naira Holds Steady at 1,380 Against Dollar Amid Currency Market Turmoil
Nigeria News
1 min read
Amidst mounting demand and scarcity, the naira holds firm at N1380/$1 in Nigeria's parallel market. Traders report high demand driven by...
Businesses Brace for Impact as Nigerian Customs Raises Import Duty Exchange Rate to N1,441/$
Nigeria Businesses Brace for Impact as Nigerian Customs Raises Import Duty Exchange Rate to N1,441/$
Nigeria News
2 min read
Nigerian Customs recently upped the import duty exchange rate to N1,441/$1, marking a significant hike from the previous rate. This shift has sent...
Shell Nigeria Gas and Oyo State Government Forge Partnership for Gas Infrastructure Development
Nigeria Shell Nigeria Gas and Oyo State Government Forge Partnership for Gas Infrastructure Development
Nigeria News
2 min read
Shell partners with Oyo State to construct gas pipelines, bolstering industrial development. The agreement entails a 20-year plan for Shell...
Federal Government Implements Stamp Duty Charges on Mortgage-Backed Loans
Nigeria Federal Government Implements Stamp Duty Charges on Mortgage-Backed Loans
Nigeria News
1 min read
In compliance with a directive from the Federal Inland Revenue Service (FIRS), Deposit Money Banks (DMBs) have been instructed to initiate the...
Today's Naira Rate [02-05-2024]: Economic Concerns Heighten as Naira Weakens Further Against Dollar at ₦1402/$1
Nigeria Today's Naira Rate [02-05-2024]: Economic Concerns Heighten as Naira Weakens Further Against Dollar at ₦1402/$1
Nigeria News
1 min read
As of today, the exchange rates for the Nigerian Naira (NGN) are as follows: 💵 1 USD ⇛ ₦1,402 💷 1 GBP ⇛ ₦1,660 💶 1 EUR ⇛ ₦1,445 💶 1 CAD ⇛ ₦970...
NDIC Boosts Deposit Insurance: Raises Coverage to N5 Million for Banks, N2 Million for MFBs"
Nigeria NDIC Boosts Deposit Insurance: Raises Coverage to N5 Million for Banks, N2 Million for MFBs"
Nigeria News
1 min read
The Nigeria Deposit Insurance Corporation (NDIC) has made a groundbreaking move by significantly raising the maximum deposit insurance coverage...
BVN and NIN Linkage: Nigerian Banks Close Over 2 Million Accounts in Q1 2024 Drive
Nigeria BVN and NIN Linkage: Nigerian Banks Close Over 2 Million Accounts in Q1 2024 Drive
Nigeria News
1 min read
In a bid to enhance transparency and regulatory compliance, commercial banks in Nigeria took decisive action in the first quarter of 2024, closing...
Patricia's CEO Hanu Speaks Out: Clarifies Shutdown Rumors and Hacking Incidents
Nigeria Patricia's CEO Hanu Speaks Out: Clarifies Shutdown Rumors and Hacking Incidents
Nigeria News
1 min read
Patricia CEO, Hanu Fejiro Agbodje, addressed rumors surrounding the platform's alleged shutdown and accusations of mismanagement with a candid...
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