Business

Naira appreciates by N15.97 as FX supply increases

Naira appreciates by N15.97 as FX supply increases

The naira saw a significant appreciation against the dollar on Thursday, driven by an increase in foreign exchange supply. According…

3 weeks ago

Naira appreciates on both official, black markets after CBN raises interest rate

The naira gained strength against the dollar in the foreign exchange market following the Central Bank of Nigeria's recent interest…

4 weeks ago

Black Market Dollar to Naira Exchange Rate Today 20th November 2024

The black market dollar to naira exchange rate for today, 20th November 2024, can be accessed below. Stay updated with…

1 month ago

Naira crashes to N1,740 per Dollar in parallel market

The Naira depreciated to N1,740 per dollar in the parallel market on Wednesday, down from N1,735 per dollar on Tuesday.…

1 month ago

UBA partners with Mastercard to offer special debit card for 75th anniversary

United Bank for Africa (UBA) Plc, in partnership with Mastercard, has launched a special debit card to mark UBA’s 75th…

1 month ago

CBN policies drive 170% rise in foreign portfolio investment

The Central Bank of Nigeria's (CBN) high interest rate policies and foreign exchange strategy have significantly attracted Foreign Portfolio Investors…

1 month ago

Naira may drop to N1,993 per Dollar by 2028 – Fitch

Fitch Solutions, a financial intelligence provider, has forecasted that the Naira could depreciate to N1,993 per US dollar by 2028.…

1 month ago

NDIC begins auction of Heritage Bank properties, chattels

The Nigeria Deposit Insurance Corporation (NDIC) has initiated the auction process for the landed properties and chattels of Heritage Bank,…

1 month ago

Bitcoin hits $80,000 for first time as Trump’s win sparks crypto optimism

Bitcoin is nearing the $80,000 mark for the first time, fueled by President-elect Donald Trump's positive stance on digital assets…

1 month ago

Naira crashes by N10.3 against Dollar, closes at N1,681/$ on Official Market

The naira depreciated by N10.3 against the U.S. dollar at the official window on Wednesday. According to data from the…

2 months ago