Multinational financial services firm, JPMorgan Chase & Co expects Naira to US dollar exchange rate to eventually strengthen towards N850 by year-end as the...
Zenith Bank Plc has announced its unaudited results for the third quarter ended 30 September 2023, recording a remarkable triple-digit growth of 114% from...
The Central Bank of Nigeria (CBN) has debunked reports making the rounds that it was planning to redenominate or restructure the naira notes in 2024. The...
The exchange rate between the naira and dollar fell to the lowest level ever on NAFEM where forex is sold officially, representing a massive 20.5% depreciation...
The Association of Bureau De Change Operators of Nigeria (ABCON) has asked the Central Bank of Nigeria (CBN) to allow BDCs to carry...
The Nigerian currency, the naira continued its free fall on Thursday as it weakened in the parallel market closing at N1,175 per dollar. It would...
In the early hours of Tuesday, the naira was trading at N1,040/$ in the P2P market and $1,050/$ in the black market. At the spot market...
The Central Bank of Nigeria (CBN) has granted its official endorsement to Parallex Bank for the collection of Nigeria Export Supervision Scheme (NESS) fees. The NESS...
The Central Bank of Nigeria (CBN) on Thursday restored the 43 items prohibited from access to foreign exchange (FX). This was disclosed in a...
The Central Bank of Nigeria (CBN) has restated its commitment to boost liquidity in the forex market by continuing to promote orderliness and professional...
