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On Wednesday, the Nigerian naira experienced a significant boost, appreciating against the US dollar as it closed at NGN801.10 per $1. This marks...
Fidelity Bank, a leading Nigerian commercial bank, has taken a significant step by blocking consumer fund transfers to neobanks, including...
Nigeria's crypto trading company, Patricia Technologies, finds itself in hot water as its move to convert customers' assets into equity shares has...
Nigeria
Naira Tumbles to 1,220/Dollar as FG Unveils Forex Automation Plan to Stem Devaluation Crisis
In a decisive move to counter the ongoing slump of the Naira, the Federal Government unveiled plans to automate all transactions within the...
In a significant legal development, the Business and Property Court in London ruled in favor of Nigeria, bringing an end to the $11 billion...
The exchange rate between the Nigerian naira and the United States dollar opened the trading week with a lot of chatter in the financial circles...
Nigeria
Naira Weakens to N1,186/$1 in P2P Market Amidst Persistent Forex Woes and Global Economic Concerns
In recent days, Nigeria's currency, the Naira, has been on a tumultuous ride due to a surge in demand for the safe-haven US dollar. The official...
Nigeria
Naira Weakens to N1,186/$1 in P2P Market Amidst Persistent Forex Woes and Global Economic Concerns
In recent days, Nigeria's currency, the Naira, has been on a tumultuous ride due to a surge in demand for the safe-haven US dollar. The official...
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