The Association of Bureaux De Change Operators of Nigeria (ABCON) has urged the Federal Government to halt the activities of Binance within the nation. This call comes after the association recognized...
The financial tango between the Nigerian Naira and the US Dollar has taken a bewildering turn on the black market, with exchange rates soaring to unprecedented heights. As the stage is set for this cu...
The Central Bank of Nigeria (CBN) made a significant move on Thursday, June 22nd, 2023, by auctioning $29.5 million at the interbank window. This auction showcased the CBN's intervention in the forex ...
As per a recent development within the Nigerian financial landscape, commercial banks have taken the initiative to update their customers on the recent changes in the country's foreign exchange policy...
The policy advisory council of President Bola Tinubu has released a report titled 'Policy Advisory Council Report: National Economy Sub-committee,' wherein it has emphasized the need for the federal g...
The Central Bank of Nigeria has given commercial banks permission to trade foreign exchange freely at any rate.The approval implies that banks can now sell foreign currency at a market-determined rate...
Aliko Dangote, the renowned Nigerian business tycoon, has once again emerged as Africa's wealthiest individual, holding this prestigious title for an unprecedented 12 consecutive years. A Decline...
The Central Bank of Nigeria (CBN) has recently announced a significant overhaul of the Nigerian Foreign Exchange (FX) Market, with the goal of enhancing liquidity and stability. As part of this effort...
In an official address at the Eagle Square in Abuja, President Bola Tinubu announced his administration's plans to undertake a comprehensive house cleaning of Nigeria's monetary policy. This move aims...
The world of cryptocurrency has seen the rise and fall of different crypto coins. The USDT has emerged as one stable and very reliable option for investors and traders. USDT is a stablecoin whose valu...