JUST IN: : CBN goes harder on inflation, raises MPR to...
The Central Bank of Nigeria (CBN) Monetary Policy Committee voted to raise the benchmark interest rate (MPR) by 100 basis points to 16.5%, the...
Black market exchange rate falls to N870/$1 on 4th November 2022
The exchange rate between the naira and the US dollar fell drastically on the black market on Friday, 4th of November 2022, trading at an average...
Naira crashes to N775/$ days after CBN announced new naira notes
The naira fell to an all-time low of N775 per dollar two days after the Central Bank of Nigeria (CBN) announced it would redesign...
8 Smart Ways To Grow Your Money
While a monthly salary can grow your money, it can’t help you accumulate the amount you require to be rich. This is because your...
BREAKING: Naira appreciates to N669/$1 at the peer-to-peer market
From N692.25/$1 on Monday, August 1, 2022, the exchange rate between the naira and the US dollar increased to N669/$1 on Tuesday morning. This...
Kuda Bank to begin charging customers N50 per N10,000 deposit from...
According to Kuda Microfinance Bank, it would start adding N50 to any deposits made into clients' Kuda accounts that total N10,000 or more.
The bank...
CRYPTOCURRENCY: Binance has legally registered with Italy’s financial company
As the largest cryptocurrency exchange attempts to gain ground in Europe, Binance announced on Friday that its legal company in Italy had approved with...
Naira closes week at N605/$1 at the black market
The exchange rate between the naira and the US dollar closed at N419.02/$1 at the official Investors and Exporters (I&E) window.
Compared to the previous...
CBN issues guidelines for Open Banking in Nigeria to enhance financial...
In order to foster innovation and widen the range of financial goods and services available to bank customers, the Central Bank of Nigeria has...
NCC Issues Licenses To MTN, Mafab Comms, As 5G Services Roll...
The Nigerian Communications Commission (NCC) has confirmed issuance of the final letters of award of the Fifth Generation (5G) Spectrum Licences to MTN and...