CBN special investigator rejects Lemo’s request to reschedule meeting
The Office of the Special Central Bank of Nigeria Investigator has declined a request from Babatunde Lemo, Chairman of Titan Trust Bank Limited (TTB), to postpone a scheduled…
Fresh dollar supply will strengthen naira in 2024 – FG
The Nigerian government anticipates a stronger naira in 2024, buoyed by an expected increase in dollar supply, as revealed by Ben Akabueze, the Director-General of the Budget Office…
DOLLAR TO NAIRA EXCHANGE RATE TODAY 27TH DECEMBER 2023 IN BLACK MARKET
As of December 26, 2023, the exchange rate for the US dollar to Nigerian naira in the black market, also known as the parallel market, was reported as…
Your money is Safe in banks, CBN assures Nigerians
The Central Bank of Nigeria (CBN) has issued a statement reassuring the public of the safety and stability of the country’s banking sector. Amid circulating unverified reports questioning…
BREAKING: Banks colluding with PoS operators to disrupt naira circulation, says CBN
The Central Bank of Nigeria (CBN) has issued a warning to Point-Of-Sale (PoS) operators and Deposit Money Banks (DMBs) regarding their practices that are impacting the availability of…
Naira to Dollar Black Market Dollar
Black Market Rates Dollar to Naira rate BUY 1225 DOLLAR (USD) SELL 1228 Pound to Naira rate BUY 1545 POUND (GBP) SELL 1560 Euro to Naira rate BUY…
Nigerian naira falls to record low on official market
The Nigerian naira experienced a significant drop to a record low against the dollar in the official market, aligning closely with the levels seen in the unofficial parallel…
Strengthen fintech regulations, bank audit leaders tell CBN
The Association of Chief Audit Executives of Banks in Nigeria (ACAEBIN) has recently emphasized the need for more stringent regulatory measures in the fintech sector and the operations…
99.9% households yet to receive FG’s cash transfer – W’Bank
The World Bank has released a report indicating that a vast majority of the intended recipients have not yet benefited from the Nigerian Federal Government’s recent initiative to…
Naira falls by 17% to N951/$
The Nigerian Naira experienced a significant devaluation, dropping by 17.91% to N951.22 against the US dollar in the official Investor and Exporter forex window. This decrease in value…