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 …
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CBN Policies
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Breaking NewsBusiness News
CBN Issues New Guidelines to Banks as Naira Hits Low Record Against Dollar
by iDeemlawfulby iDeemlawfulThe 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 …
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Breaking NewsBusiness News
JUST IN: Naira Hits All-Time Low as CBN Addresses Dollar Backlogs
by iDeemlawfulby iDeemlawfulThe 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 …
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Breaking News
Naira Gains Heavily Against U.S Dollar at Parallel Market
by iDeemlawfulby iDeemlawfulThe value of dollar to naira fell sharply, on Friday, with the local currency exchanging below N1000 in the parallel market. This is the first time in over …
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Breaking News
Tinubu Appoints Special Investigator to Probe Central Bank of Nigeria and Key Government Business Entities
President Bola Tinubu has appointed Jim Osayande Obazee as a Special Investigator to carry out an investigation into the Central Bank of Nigeria (CBN) and related entities. The …
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Breaking NewsBusiness News
FirstBank unveils first humanoid Robot, Video Banking, AI [Photo]
by iDeemlawfulby iDeemlawfulFirstBank of Nigeria Limited has announced the launch of a Humanoid Robot, the first of its kind in the financial services space in Nigeria. The robot is equipped …
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Breaking NewsBusiness News
Bank of America Speaks On Dollar Waxing Against Naira
by iDeemlawfulby iDeemlawfulThe Bank of America (BoA) has said the it sees the value of the naira settling at N680 to the dollar by the end of the year, saying …
