Financial Market
IMF seeks stronger crypto regulation
The Managing Director, International Monetary Fund, Kristalina Georgieva has stressed the need for comprehensive regulation in the cryptocurrency space to...
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Naira falls to N1260/$ in parallel market
The naira fell yesterday to N1,260 per dollar in the parallel market from N1,220 per dollar on Tuesday. Similarly, the...
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Reps invite CBN governor over plans to lift forex restriction on 43 items
The House of Representatives has resolved to invite the Governor of the Central Bank of Nigeria (CBN) over the bank’s...
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Exchange rate crashes to N983/$1 as forex traders say there is no dollar to sell
The exchange rate between the naira and the dollar plunged to a record low of N983/$1 at the black market...
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Naira gains at official market, trades 740.67/$
The naira strengthened to the dollar on Thursday after closing at 740.67/$ on the Investor & Exporter forex window. The...
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Naira slides further as dollar shortage hits banks
THE widening gap between the demand and supply of dollars in the banks and at the parallel market has continued...
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Gradual phasing out of old naira notes continues – CBN
The Central Bank of Nigeria has reaffirmed its commitment to gradually phase out the old N200, N500, and N1,000 naira...
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Subsidy: Ogun to begin distribution of N10, 000 cash palliative July – Abiodun
Governor Dapo Abiodun of Ogun state, has revealed the state government will begin the distribution of a cash palliative of...
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Subsidy: Kwara govt approves N10,000 monthly palliative for employees
Kwara State Governor, AbdulRahman AbdulRazaq, has approved N10,000 monthly palliative for workers. The N10,000 monthly palliative is to help workers...
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