UPDATE: Naira Drops Against US Dollar, Exchanges At N763.17
The Naira fell against the US dollar at the investor and exporter window on Wednesday, trading at N763.17. According to NAN, the Naira has declined...
Category : Business
UPDATE: CBN Removes Saving, Withdrawal Limits On Domiciliary Accounts
The Central Bank of Nigeria has removed the restrictions on domiciliary accounts. According to a CBN statement issued on Sunday, the new law allows account...
See How Much Anambra Targets From Palm Oil, Coconut Investment
The Anambra State Government anticipates that ongoing palm oil and coconut investment will generate more than N160 billion per year. According to NAN, the Deputy...
Dollar: CBN Grants Banks Freedom To Trade Forex At Any Rate
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...
UPDATE: Banks Trading Forex At N750/$ In Nigeria
Only five days after Godwin Emefiele was demoted from his position as governor of the central bank, reports claim that the Apex bank has authorized...
JUST IN: CBN Denies Devaluing Naira To N630/$1
The Central Bank of Nigeria, CBN, urged the people to disregard any reports to the contrary and insisted that it had not depreciated the naira....
Shareholders Of Berger Accept Dividends Of N202 Million
Berger Paints of Nigeria Plc, a producer of paints and related goods, has received shareholder approval to pay N202,876,413 in dividends for the fiscal year...
Standard Chartered Wins ‘AI For Customer Experience’ Award
The judging panel for The Digital Banker named Standard Chartered Bank Nigeria Limited as the finest user of artificial intelligence (AI) for the customer experience....
IBM Unveils New Technology
The technology behind IBM’s quantum-safe roadmap, which consists of a comprehensive collection of tools, capabilities, and approaches coupled with in-depth experience for an end-to-end journey...
14th May 2023: See How Much Dollar Is Exchanged To Naira At The Black Market Today
According to insiders at the Bureau De Change (BDC), on Saturday, May 13, 2023, participants at the Lagos Parallel Market (Black Market) would buy a...