The naira continued its appreciation against the US dollar despite a drop in foreign exchange turnover transactions at the FX market. Data from FMDQ showed that...
Indications have emerged revealing that some domestic airlines may cease operations over the rising price of aviation fuel, otherwise known as Jet A1. Given that there...
The Central Bank of Nigeria says Nigeria recorded over $1.5 billion inflow into the economy in the past few days. Sidi Ali, the acting Director of...
Barely 48 hours after restating the need to increase the capital base of Deposit Money Banks for improved productivity, the Central Bank of Nigeria has announced...
The Monetary Policy Committee of the Central Bank of Nigeria has today concluded its two-day meeting for March 2024. This meeting marks the second MPC meeting...
The Central Bank of Nigeria (CBN) has issued a circular to Bureau De Change (BDC) operators informing them that they sold $10,000 to each BDC at...
The acting Managing Director, Prudent Choice Micro Insurance, Mrs. Gloria Onosolease, has said that the launch of its indigenous micro insurance software, named Insuretech, will help...
A review of foreign exchange trading in the past four weeks shows that Naira gained N234.01 and N340 against the US Dollar at the official and...
The naira maintained a steady appreciation against the United States dollar on Thursday, gaining N18 to close 1,382/$ at the official market. This came as Presidency...
The Central Bank of Nigeria has announced that it has successfully cleared all valid foreign exchange backlogs, effectively eliminating a legacy burden. This accomplishment fulfils a...