Currencies
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CBN discovered N56.83 million worth of counterfeit notes in 2020
The Central Bank of Nigeria (CBN) has revealed that it discovered counterfeit notes with a nominal value of N56.83 million…
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Exchange rate appreciates at official window as crude oil price retreats
Wednesday, third November 2021: The trade charge between the naira and the US greenback closed at N414.8/$1, on the official Traders…
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Banks start deduction of loans from power debtors’ accounts
In accordance with the CBN, the GSI, which commenced on August 1, 2020, permits banks to get better the excellent…
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Naira closes flat at official window despite significant drop in dollar supply
Friday, twenty ninth October 2021: The alternate price between the naira and the US greenback closed at N415.1/$1, on the Buyers…
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BREAKING: Dollar To Naira Crashes To Lowest This Week, See New Exchange Rate
Dollar to Naira has crashed to lowest this Week. Newsone studies that the American official forex, greenback crashed on the parallel market also…
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WAPCO, FBNH hold reins to lead gainers by value as market cap grows by N40.42 billion
The Nigerian Change market closed on a optimistic word amidst sell-offs and buy-interests because the benchmark All-Share Index (ASI) appreciated…
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Nigeria’s foreign reserve surpasses $40 billion, hits highest level in 23 months
Nigeria’s international reserve (also called exterior reserve) crossed the $40 billion mark on 18th October 2021, after gaining $566.45 million…
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Naira depreciates at official market regardless of 79% enchancment in foreign exchange liquidity
Thursday, twenty eighth October 2021: The change price between the naira and the US greenback closed at N415.10/$1 on the Buyers…
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CBN won’t bear losses caused by the eNaira website
The Central Financial institution of Nigeria (CBN) has warned customers that it’s going to not be held accountable for any…
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How Nigeria’s overseas (exterior) reserves rose to $40 billion
Nigeria’s overseas reserve rose to $40 billion final week, for the primary time in about 23 months, after gaining $566.45…
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Naira falls to N415/$1 at official market as Vice President expressed issues over foreign exchange coverage
Wednesday, thirteenth October 2021: The change fee between the naira and the US greenback closed at N415.10/$1, on the Buyers and…
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