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Naira records gain at official market, falls to N885.88/$
The naira fell to N885.88 per dollar in the official Nigerian Foreign Exchange Market, NAFEM, today.
According…
Naira scarcity: CBN slam Banks, PoS operators for stockpiling banknotes
The Central Bank of Nigeria, CBN, has warned deposit money banks and point-of-sale operators to avoid hoarding…
‘Speed up implementation of Chinese Yuan as official exchange currency’ –…
The Federal Government and the Central Bank of Nigeria have been encouraged by the House of Representatives to…
Nigeria’s inflation jumps to 28.20% in November – National Bureau of…
The headline inflation rate in Nigeria increased to 28.20 percent in November from 27.33 percent in October 2023.…
Naira gains at official market, jumps to N1205/$ at parallel market
The value of the naira dropped from N1,185 per dollar last Friday to N1,205 per dollar on the parallel market…
CAC set to deregister over 91,000 companies over irregularities
The Corporate Affairs Commission intends to delist 91,843 businesses for failing to file yearly returns with it.…
CBN’s external reserves drops by $520 million in five weeks
According to information received from the Central Bank of Nigeria, the country's external reserves declined by…
Dangote refinery products to hit market January 2024
The Dangote Petroleum Refinery is scheduled to begin producing Automotive Gas Oil, also known as diesel, and JetA1…
Naira slides to all-time low, hits N1,099/$ on I&E window
On Friday, the naira hit an all-time low of N1,099.05/$ in the official Investor and Exporter forex window, capping…
Canada increases proof of funds(POF) requirement from $10k to $20k
Canada has increased the amount of proof of finances (PoF) required for international students.
PoF is a…