Currencies

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Naira Gains Massively At Black Market As Pounds, Euro, Dollar Fall

Naira Gains Massively At Black Market As Pounds, Euro, Dollar Fall The Nigerian official currency, Naira has gained against the…

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Relationship between inflation and the unending devaluation of the Naira

Backstory Across every stakeholder spectrum in the Nigerian economy (i.e. investors, consumers, policymakers or economic observers), one persistent recurring topic…

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CBN gives N5 million to 6 students as TIES launches

The Central Bank of Nigeria (CBN) presented six pioneer beneficiaries of the Tertiary Institutions Entrepreneurship Scheme (TIES) with N5 million…

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Naira gains at official window as liquidity improves significantly

Tuesday, 23rd November 2021: The exchange rate between the naira and the US dollar closed at N414.8/$1, at the Investors and…

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CBN says eNaira would aid offline and cross-border payment solutions

The Central Bank of Nigeria has stated that the eNaira’s fourth phase will lead to offline and cross-border payment solutions.…

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Nigerian companies generate N1.3 trillion in free cash flows in 9 months

The major listed companies operating in Nigeria reported a cumulative cash flow of N1.307 trillion in the first 9 months…

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IMF reveals steps it can take to help with success of eNaira

The International Monetary Fund (IMF) has revealed steps that it would take to assist Nigeria with the successful operation of…

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Naira maintains stability at official market as forex turnover surged by over 300%

Wednesday, 17th November 2021: The exchange rate between the naira and the US dollar closed at N415.1/$1, at the Investors and…

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Binance issues 10 fundamental rights for crypto users

Binance, one of the world’s leading cryptocurrency exchanges, announced its 10 Fundamental Rights for cryptocurrency users, which the largest cryptocurrency…

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