Search Result for 'Nigerian Exchange'

The Naira rose to N1,650 per dollar in the parallel market Tuesday, up from N1,665 on Monday. However, the official foreign exchange market saw the naira fall to N1,538 per ...

The Naira fell to N1,665 per dollar in the parallel market Friday, down from N1,660 per dollar the previous weekend. However, the Naira rose to N1,534.56 per dollar in the ...

Remittances from Nigeria's diaspora have increased significantly; in the first nine months of 2024, inflows increased by 63.7%. According to the Central Bank of Nigeria (CBN), remittances increased from $2.33 ...

In 2025, the Nigerian Securities and Exchange Commission (SEC) intends to further its efforts to combat pyramid and Ponzi schemes to safeguard investors and encourage respectable investment options. SEC Director ...

New Year's Eve in Nigeria is a time to reflect on the past year and plan for the future. It's a night of thanksgiving, joy, and celebration, with Nigerians commemorating ...

The naira's sharp decline poses serious problems for the Nigerian government's 2025 budget plan. The exchange rate is set at ₦1,400 to $1 in the proposed budget, which is a ...

The World Bank has approved a $1.5 billion loan to Nigeria to support the federal government’s fuel subsidy removal and tax reform initiatives. This financing is part of the Reforms ...

The bilateral currency swap deal between China and Nigeria has been extended, enabling the exchange of 3.28 trillion Nigerian naira for 15 billion yuan, or almost $2 billion. This agreement, ...

Konga, a leading hybrid e-commerce firm, is set to alter Nigeria's media and commerce environment with the imminent launch of its AI-powered FM radio station in Lagos. The ground-breaking venture, ...

Aliko Dangote, President of Dangote Industries Limited, announced that the ex-depot price of Premium Motor Spirit (PMS), also referred to as petrol, has been lowered from 970 to 899.50 per ...