The second over-the-counter foreign exchange futures contract (NGUS AUG 24 2016) with notional amount of $152.48m at $/N310, matured and was settled on the FMDQ platform....
Naira Hits Record Low of 409 Per Dollar The Nigerian Naira hit a record low against the US dollar on Thursday, following the Central Bank of...
Nigeria’s largest mobile money service, Paga, reached a new milestone on Wednesday when its users hit 5 million. The highest among any of the 21 Nigeria...
As part of efforts to address the unemployment challenges facing the country, Nigeria youths have been charged to invest in agriculture and harness the useful potentials...
The West Africa Civil Society Institute (WACSI) has lamented that the foreign aid culture has left many African countries more debt-laden, inflation prone and more vulnerable...
A Singapore based investment organization, Ashdene Associates Nigeria, has signed an agreement with the Akwa Ibom State Government to invest in agricultural development, infrastructural expansion and consolidation...
The practice whereby Nigerian businessmen obtain dollars at official rate and resell at a higher rate at the parallel market is still continuing, emir of Kano,...
Diamond Bank, in collaboration with Code Camp Africa will train 500,000 Nigerian children on computer programming and coding within a short period of time. In preparation...
Some banks on Wednesday clarified their positions on the alleged suspension from the foreign exchange market transaction by the Central Bank of Nigeria over alleged non-remittance...
The Central Bank of Nigeria on Wednesday said it had re-admitted the United Bank for Africa into the foreign exchange market. The directive, according to the...