As of June 15th, 2023, the dollar to naira exchange rate is 1 USD to 760 NGN at the black market. This means that for every...
All eyes are now on Mohammed Umar Abba, the newly appointed Acting Chairman of the anti-corruption agency.
Bawa Directed to Handover to Director of Operations Pending Investigation
Effective immediately, the RT200 Rebate Scheme and Naira4Dollar Remittance Scheme will be discontinued, paving the way for a fresh approach to promoting liquidity and stability in...
Central Bank of Nigeria unified foreign exchange rates in a historic move
The Nigerian stock market has witnessed significant gains as investors poured billions into various stocks, particularly in the banking sector.
Kenyan High Court has ordered the freezing of 45 bank accounts and 10 mobile money wallets belonging to Flutterwave Payments Technology, a prominent Nigerian-owned financial technology...
The Federal Government is expected to float the Nigerian Naira as widely pushed by multilateral organisations in a move to unify Nigeria's multiple foreign exchange rates.
Fitch Ratings has affirmed Fidelity Bank Plc's credit rating at 'B-' with a stable outlook, according to its recent report
US Treasury Secretary Janet Yellen expressed her views on the global reserve currency status of the US dollar, defying previous statements and offering a nuanced perspective...