iDeemlawfulThe Central Bank of Nigeria (CBN) has once again adjusted the exchange rate, this time to N1,413.62/$1, causing a stir among various stakeholders. Just a day prior, the …
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Breaking NewsBusiness News
CBN Issues New Guidelines to Banks as Naira Hits Low Record Against Dollar
The Central Bank of Nigeria (CBN) has issued new restrictions on the amount of foreign currencies that banks can hold on their balance sheets, citing concerns about the …
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The Nigerian Naira has reached an unprecedented low against the United States dollar in both official and unofficial markets. On Tuesday, naira has traded at N1,482.57 per $1 …
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The value of dollar to naira fell sharply, on Friday, with the local currency exchanging below N1000 in the parallel market. This is the first time in over …
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Breaking News
Tinubu Appoints Special Investigator to Probe Central Bank of Nigeria and Key Government Business Entities
President Bola Tinubu has appointed Jim Osayande Obazee as a Special Investigator to carry out an investigation into the Central Bank of Nigeria (CBN) and related entities. The …
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FirstBank of Nigeria Limited has announced the launch of a Humanoid Robot, the first of its kind in the financial services space in Nigeria. The robot is equipped …
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The Bank of America (BoA) has said the it sees the value of the naira settling at N680 to the dollar by the end of the year, saying …
Afeez Ayinde Saheed