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Central Bank of Nigeria (CBN) Governor, Mr. Olayemi Cardoso, has clarified that the CBN does not set the foreign exchange (FX) rate, emphasizing that the rate is determined by underlying ...
Innocent Chukwuma, the CEO of Innoson Motors, reports a growing demand for electric vehicles (EVs) in Nigeria, largely driven by soaring petrol prices. During an interview with Channels Television, Chukwuma ...
Nigerians are renowned for having a strong sense of entrepreneurship and being open to investing in a variety of goods and services. Insurance is still a less common option, though. ...
The exchange rate between the US Dollar (USD) and Nigerian Naira (NGN) on the black market (also referred to as the parallel market or Aboki FX) continues to be a ...
The Federal Government has formed a committee to evaluate and manage the various risks facing the nation. This development was revealed by Dr. Olasupo Olusi, the Managing Director and CEO ...
A recent report from the Central Bank of Nigeria (CBN) has highlighted the increasing financial strain on Nigerians. According to The Punch, the report warns that more citizens may resort ...
What is today’s Dollar to Naira exchange rate in the black market, also known as the parallel market (Aboki FX)? Below is the black market Dollar to Naira exchange rate ...
Here is the current exchange rate for the dollar to naira in the black market, also known as the parallel market, as of August 3, 2024. These are the rates ...
Curious about the current exchange rate for the US Dollar to the Nigerian Naira on the black market, also referred to as the parallel market (Aboki fx)? Here is the ...
The Federal Inland Revenue Service (FIRS) has released new guidelines for accounting for foreign currency transactions in line with International Financial Reporting Standards (IFRS). Business Day reported that these guidelines ...