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Naira records massive gain against Dollar at fx market
On Thursday, the value of the Naira, the currency of Nigeria, increased on the foreign exchange market.…
CBN breaks silence on cash scarcity reports
The Central Bank of Nigeria (CBN) has denied reports of an alleged scarcity of cash at banks, automated teller…
Exchange rate: Exercise patience with Tinubu – BUA chairman Abdulsamad urges…
Abdulsamad Rabiu, the chairman of the BUA Group, urged Nigerian businesspeople to be patient with the Bola Tinubu…
We have no plan to redenominate Naira — CBN refutes claim
A rumor on social media said that the country's central bank intended to redenominate the currency.
The Naira…
Dollar could crash to N650 before end of 2023 – Oyedele
Dollar could settle at N650 to N750 by the end of 2023, according to Taiwo Oyedele.
Taiwo Oyedele, Chairman of…
Otukpo Bank Robbery: CBN release news directives on opening and closure of banks…
The Central Bank of Nigeria, CBN, has put safeguards in place to prevent future attacks on commercial banks in…
Tax: Court orders MTN to pay $72.5m to FG
MTN Nigeria Communications has been ordered by the Lagos State division of the Tax Appeal Tribunal to pay…
NBS reveals top three states with highest IGR in 2022
Lagos, Rivers, and the Federal Capital Territory would have the greatest Internally Generated Revenue in 2022,…
Naira falls further, exchanges at N1,175 at parallel market
As the dollar becomes more scarce, the naira has continued to depreciate, according to research by Platinum Times.…
N2.35 trillion worth of currency is held outside of banks – CBN
When compared to August 2023's N2.29 trillion, the amount of money held outside of banks reached N2.35 trillion in…