Access Holdings and other major banks in the country are in a race to shore up their capital, positioning themselves to take advantage of...
Naira exchange rate to the Dollar dropped by N14.22 at the closing of trading on Monday, going for N792.04 to Dollar at the official market. At...
The Naira remains under pressure as many Nigerians scramble to acquire dollars for essential expenses, such as tuition, medical care, and import bills. Naira...
Following a bullish run in the stock market in recent months, the Nigerian Exchange Limited (“NGX”) on Friday announced the reclassification of Fidelity Bank...
The gap between Naira exchange rate at the black and official markets widened further on Wednesday as the local currency dropped by 6.83 per...
The exchange rate between the naira and dollar is being quoted for as high as N860/$1 on the black market following increased demand. The...
The FMDQ Exchange revealed that the United States Dollar (USD) was sold at a reduced rate of N742.93 kobo/$1 at the close of trading in the...
The Central Bank of Nigeria (CBN) has revoked licenses of 2,698 Bureau De Changes (BDCs), leaving only 2,991 BDCs to continue in operations....
The Naira to Pound rate dropped to N1068.5/£1, halting the bullish run of the UK currency which lasted for almost a week. The price...
Nigeria’s inflation rate, which stood at 22.41 per cent in May, rose for the sixth consecutive month to around 24 per cent in June,...