Thursday, April 25, 2024
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    NAIRA

    Naira sells below 1,280/$ at official, parallel markets

    The naira began the new month on a bullish note, appreciating to N1,278.58 against the United States dollar from N1,309.39 per dollar recorded last...

    Naira closes 1,309/$ as banks sell $2.5bn

    In the last two weeks, the Central Bank of Nigeria and other banking institutions have improved dollar supply to the foreign exchange market by...

    Dollar not selling at N1,000/$1, BDCs debunk viral post

    Contrary to the report making the rounds on X (formerly Twitter), Bureau De Change operators said there was no truth in reports that the...

    CBN directs BDCs to sell dollar at N1,269

    The Central Bank of Nigeria has disclosed that it will be allocating $10,000 to each Bureau de Change operator at N1,251/$. This was contained in...

    Naira rebounds to N1,400/$ as speculators offload forex

    The naira rebounded against the United States dollar on Wednesday at the official and parallel markets, with the local currency recording a significant gain...

    Binance ends services in naira

    Cryptocurrency exchange, Binance, has announced plans to discontinue all services related to the Nigerian naira. Binance, a cryptocurrency exchange platform, was accused of exploiting the...

    BDC operators plan mergers, fault mandatory deposit

    The President of the Association of Bureau De Change of Nigeria, Aminu Gwadebe, has said that members of the association would consider mergers if...

    Naira weakens as banks’ dollar sales plunge by $252m

    Dollar sales by Deposit Money Banks and other entities at the Nigeria Autonomous Foreign Exchange Market dropped by $252m to $84.1m on Friday. This represents...

    Naira gains at official market, weakens to N1500/$ parallel market

    The naira gained marginally against the United States dollar on Tuesday, appreciating to N1,499/ from an all-time low of N1,534/$ on the official Nigerian...

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    NiMet predicts three-day sunshine, thunderstorms from Monday

    The Nigerian Meteorological Agency has predicted sunshine and thunderstorms from Monday to Wednesday. NiMet’s weather outlook released on Sunday in Abuja, forecast sunny and hazy...

    FG plans three national ID cards for 104m Nigerians June

    The Federal Government is to launch three new national identity cards in May this year and has a target of providing them for about...

    LP kicks as NLC meets on Abure’s fate today

    Stakeholders of the Nigeria Labour Congress will today meet to take a decision on the leadership crisis rocking the Labour Party and the return...