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Naira ends August with modest...

Naira ends August with modest gain against...

Why Nigeria is taking regulatory...

Why Nigeria is taking regulatory action against...

Naira ends August with modest gain against Dollar in Nigerian forex market

Naira ends August with modest gain against Dollar in Nigerian forex market Story by Martha Gwary The Nigerian naira recorded a slight appreciation against the US dollar on Friday, with gains observed in both the official and parallel foreign exchange markets. In the parallel market, the naira strengthened from ₦1,552 per dollar on Thursday to ₦1,545/$. According to data from the Central Bank of Nigeria (CBN), the local currency also firmed to ₦1,531/$ on the Nigerian Foreign Exchange Market (NFEM), compared with ₦1,533 per dollar recorded on the previous trading day. READ ALSO: Nigeria’s reserves...
Salim Sani -
EFCC

Man sentenced to...

Muallayedi Mohammed Sani, has been sentenced by the Kano State High Court to seven years imprisonment on a three count charge of conspiracy and...
Kenneth Afor -
Finance

CBN orders banks...

The Central Bank of Nigeria has directed commercial banks to create mobile applications and alert systems to update customers of their foreign exchange movement. This...
Salim Sani -
Business & Economy

MAPs seeks meter...

Story from Sunday OGWUCHE, Abuja Meters Assets Providers (MAPs) operating in the Nigerian Electricity Supply Industry (NESI) have demanded an upward review of the current...
Gift Luckson -
Crime

Video of former...

A suspected money fraudster reported to be the son of a former minister has been caught and handed over to the police for an...
Aisha Auyo -
Business & Economy

Naira depreciates even...

The Naira has witnessed a downward slide lately, exchanging for between N367 to 370 per dollar and inching towards 500 Naira per pound selling...
Aisha Auyo -
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