Latest Money & Markets News
Naira falls to N1,740 in parallel market as forex scarcity worsens
There are indications that the local currency is set to fully…
Naira sinks to 1,705/$ at parallel market
The naira depreciated at the unofficial market on Wednesday as it…
Otedola acquires additional N16bn shares in FBN Holdings
Femi Otedola, the chairman of First Bank of Nigeria (FBN) Holdings…
CBN sells dollars to BDCs at N1,590/
The Central Bank of Nigeria (CBN) has approved another sale of…
FG raises over $900m through domestic dollar-denominated bonds
The federal government says over $900 million was raised from its…
SEC to license cryptocurrency firms
The Securities Exchange Commission (SEC) says it plans to license providers…
POS fraud cases rise by 31.12% in Q1 2024 as terminals spread
The prevalence of fraud and forgery in Nigeria’s payment system has…
Naira falls to N1,561/$ in official market
The Nigerian naira fell to N1,561 against the dollar at the…
Oil firms can sell 50% of repatriated export proceeds to authorised FX dealers – CBN
The Central Bank of Nigeria (CBN) says international oil companies (IOCs)…
Naira recovers at parallel market, drops by 13.26% in official window
The naira appreciated to N1,490 against the dollar at the parallel…
