Business News

New problems arise for Binance as lawmakers ask CEO to appear regarding accusations of terrorism financing and tax evasion Binance, the popular global cryptocurrency exchange, faces fresh challenges as the...

The 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 exchange rate...

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 growing forex...

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 at the...

The naira has witnessed a significant plunge at the official market, reaching an all-time low record of N1,099.05 per dollar at the Nigeria Autonomous Foreign Exchange Market (NAFEM) as at...

This report includes what is obtainable from 26th of September 2023. What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki...

Mr Fasua said this at a roundtable themed ‘Unification of Foreign Exchange and the Effect of Fuel Subsidy Removal on the Business Community’ organised by the National Policy Advocacy Centre...