Saturday, May 21, 2022
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    Latest Posts

    Sina Rambo welcomes baby girl with wife

    Nigerian singer Sina Rambo has welcomed a baby girl with his wife, Korth.The music star took to his Instagram page on Monday,...

    Kourtney Kardashian, Travis Barker marry in California court

    American reality TV star, Kourtney Kardashian, has legally married her drummer boyfriend, Travis Barker. The couple tied the knot...

    Strike: Ogun students shut down Benin-Ore highway

    Students protesting the lingering strike action of the Academic Staff Union of Universities, on Monday, have reportedly blocked the Sagamu-Benin-Ore highway.

    Gunmen kidnap Anambra lawmaker

    A member of the Anambra State House of Assembly, Dr. Okechukwu Okoye, has been kidnapped. The lawmaker, popularly known...

    Naira exchanges for N491/$ at parallel market

    The naira exchanged to the dollar at N491.5/$ at the parallel market on Wednesday.

    According to naijabdcs.com, the official exchange rate website of the Central Bank of Nigeria for the Bureau de Change operators, the country’s currency was bought and sold at N487/491.5 to the dollar as of Wednesday evening.

    The CBN recently adopted the the NAFEX Investor & Exporter forex window rate of N410.25 as its official exchange rate to the dollar.
    It confirmed this new official rate on its website on Monday night, after it had removed N379/$.

    It would be recalled that in April 2017, the CBN established the I&E forex window as part of efforts to deepen the foreign exchange market and accommodate all forex obligations.

    The purpose of the window was to boost liquidity in the forex market and ensure timely execution and settlement for eligible transactions.

    Latest Posts

    Sina Rambo welcomes baby girl with wife

    Nigerian singer Sina Rambo has welcomed a baby girl with his wife, Korth.The music star took to his Instagram page on Monday,...

    Kourtney Kardashian, Travis Barker marry in California court

    American reality TV star, Kourtney Kardashian, has legally married her drummer boyfriend, Travis Barker. The couple tied the knot...

    Strike: Ogun students shut down Benin-Ore highway

    Students protesting the lingering strike action of the Academic Staff Union of Universities, on Monday, have reportedly blocked the Sagamu-Benin-Ore highway.

    Gunmen kidnap Anambra lawmaker

    A member of the Anambra State House of Assembly, Dr. Okechukwu Okoye, has been kidnapped. The lawmaker, popularly known...

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    Senator Arthur Nzeribe dies at 83

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    370 statutory delegates must sign your forms, APC tells Osinbajo, Amaechi, others

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    Army boss charges commanders on professional conduct

    The Chief of Army Staff, Lieutenant General Faruk Yahaya, has charged operational level commanders to be professional while discharging their roles.

    CBN gov Emefiele speaks on 2023 presidency, nomination forms

    The Governor of the Central Bank, Mr Godwin Emefiele, has said that he would make a decision on the 2023 presidency in...

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