Naira drops down to N1,000 per dollar despite Tinubu’s float test
The naira on Tuesday exchanged at N1,000 to the United States dollar at the parallel market, a historic dip that spotlights the weakness of...
Banks to embark on two-day nationwide strike from Tuesday
The banks said financial services would be withdrawn on September 5 and 6, 2023.
The National Union of Banks, Insurance and Financial Institution Employees gave...
JUST IN: Central Bank Unveils Official FX Price Verification System Portal
The Central Bank of Nigeria has implemented a foreign exchange pricing checking system to allow importers access to foreign currency.
According to a statement issued...
CBN to phase out old Naira notes gradually
The Central Bank of Nigeria (CBN) has confirmed its intention to phase out the old N200, N500, and N1,000 naira notes gradually.
Folashodun Shonubi, the...
Forbes names Dangote Africa’s Richest Man
According to Forbes, Aliko Dangote, the president of the Pan-African Conglomerate, the Dangote Group, has once again been named the wealthiest person in Africa...
3 Easiest Ways to Grow Your Money This Year
There is no better time than right now to start thinking about and planning for, your financial future. What plans do you have in...
Naira Depreciates Against Dollar By 29% to Exchange N664.04/$1 at I&E...
The naira, Nigeria’s legal tender, is currently trading at N750-N755 per dollar at the investors and exporters (I&E) window.
The I&E foreign exchange (FX) window...
Elon Musk reclaims world richest man’s slot
Elon Musk has reclaimed his position as the world’s richest person after dethroning French multi-billionaire Bernard Arnault from the top spot.
According to a Bloomberg...
CBN denies devaluing Naira to N630/$1
The Central Bank of Nigeria, (CBN) on Thursday, debunked reports that it devalued the Naira.
It was earlier reported that the apex bank devalued Naira...
How to Manage Risk in Binary Options Trading?
Trading binary options carries risk, just like any project that has the potential to be profitable. All traders, whether they are new or experienced,...