Posted inExchange NAIRA RATE NEWS Naira Strengthens Against Dollar in Parallel Market Posted by By Akachukwu Chukwuma 31/01/2025The Nigerian naira appreciated the parallel market on Friday, closing at N1,610/$1, up from N1,630/$1…
Posted inNEWS Trends NNPC Ends Exclusive Deal with Dangote Refinery Posted by By Eze Chichetaram 08/10/2024The Nigerian National Petroleum Company Limited (NNPC) has decided to bring to a halt its…
Posted inEconomy NEWS Nigeria government begins Naira-for-crude sales with dangote refinery Posted by By Eze Chichetaram 07/10/2024Wale Edun, Minister of Finance, reveals that the government has officially started selling crude oil…
Posted inNEWS Stocks Trading Nigeria Stock Trading Volume Increases by 20% Gaining 0.47% ASI Posted by By Akachukwu Chukwuma 05/10/2024The All-Share Index (ASI) rose by 0.47%, gaining 456.12 points to reach 97,520.54 on October…
Posted inBanking NEWS More than 93% of the total Naira in circulation is not in the Nigerian banks. Posted by By Akachukwu Chukwuma 04/10/2024According to the CBN, the total currency in circulation has reached N4.14 trillion, with N3.87…
Posted inEconomy NAIRA RATE NEWS Naira Gains 2.77% at the Foreign Exchange Market, Weakening at the Parallel Market— DiutoX Posted by By Akachukwu Chukwuma 02/10/2024In September 2024, the Naira showed some positive signs in the official market, but the…
Posted inEconomy NAIRA RATE NEWS Stocks Naira Rates: Nigeria Foreign Reserve Hits $36.87B Following the Sale of Domestic Dollar Bond Posted by By Eze Chichetaram 16/09/2024Nigeria’s foreign exchange (FX) reserves increased by $621.2M in 10 days following the recent sale…
Posted inEconomy Fintech NEWS Nigerian Banks to Deduct N50 on Transfer Inflows Above N10,000 Posted by By Eze Chichetaram 08/09/2024In compliance with the instructions of the Federal Inland Revenue Service (FIRS), fintech establishments have…
Posted inEconomy Exchange NAIRA RATE NEWS Trends Naira Rates: CBN Forms Task Force to Double the Remittance Inflows Posted by By Tony Chimdiuto 25/04/2024The Central Bank of Nigeria (CBN) has formed a task force that will drive the…
Posted inBitcoin NEWS Trading Trends Binance and others crypto exchanges seize support for USDT/NGN Pair Posted by By Nsikanabasi Edet 29/02/2024Due to regulatory problems Nigerians can no longer trade their USDT to their local fiat…
Posted inNAIRA RATE NEWS Regulations Trading Naira/USD Nosedives to New Lows, But Central Bank Governor Says it is ‘Undervalued’ Posted by By Nsikanabasi Edet 30/01/2024Naira has reached an all-time low of #1500 per dollar, but central governor, Olayemi Cardoso,…
Posted inFintech NEWS Regulations Stablecoins African Stablecoin Consortium Makes a U-turn On cNGN Launch To Seek Central Bank Approval Posted by By Nsikanabasi Edet 12/01/2024This comes a few days after there were reports that it will be launching the…
Posted inNAIRA RATE NEWS Naira Weakens by 1.3% Against USDT Today Posted by By Tony Chimdiuto 06/10/2023Friday, October 6, 2023 - Naira – USDT Rate Today. Updated Rates on NGN –…
Posted inNAIRA RATE NEWS NAIRA – USDT: Naira Gains 0.2% Against USDT Today. Posted by By Tony Chimdiuto 03/10/2023Tuesday, 3rd October 2023, updated rates on NGN – USDT and other most popular cryptocurrencies…
Posted inNAIRA RATE NEWS Crypto Market Rate Update Wednesday 6th September 2023: Naira to USD (USDT). Posted by By Tony Chimdiuto 06/09/2023Wednesday, 6th September, 2023, updated rates on USD – USDT and other most popular cryptocurrencies…
Posted inNAIRA RATE NEWS Crypto Market Rate Update Monday 1st September 2023: Naira to USD (USDT). Posted by By Tony Chimdiuto 01/09/2023Friday, 1st September, 2023, updated rates on USD – USDT and other most popular cryptocurrencies…
Posted inNAIRA RATE NEWS Crypto Market Rate Update Monday 30th August 2023: Naira to USD (USDT). Posted by By Tony Chimdiuto 30/08/2023Wednesday, 30th August, 2023, updated rates on USD – USDT and other most popular cryptocurrencies…
Posted inNAIRA RATE NEWS FG Secures $3b Loan to Stabilize the FX Rate as Naira Drops to N872 Following the Previous Week’s Hike to N930 Posted by By Tony Chimdiuto 17/08/2023Following the previous week's rise of the Naira to an unprecedented rate to USD, the…
Posted inNAIRA RATE NEWS Crypto Market Rate Update Friday 13th August 2023: Naira to USD (USDT). Posted by By Tony Chimdiuto 13/08/2023Sunday, 13th August, 2023, updated rates on USD – USDT and other most popular cryptocurrencies…
Posted inEconomy General News CBN Direct Banks To Trade Naira Freely Against Dollar, Harmonizing Bank And Black Market Prices To Over N700/ Dollar. Posted by By Ekenedilichukwu 15/06/2023On Wednesday, The Central Bank of Nigeria directed Deposit Money Banks to remove the rate…
Posted inNAIRA RATE Crypto Market Rate Update Thursday, 27th April, 2023: Naira to USD (USDT). Posted by By Ekenedilichukwu 27/04/2023Opening prices for Thursday, 27th April, 2023, updated rates on USD – USDT and other…
Posted inGeneral News Central Bank of Nigeria To Take Over Money In Dormant Accounts. Posted by By Ekenedilichukwu 26/04/2023The Central Bank of Nigeria (CBN) has issued a new regulatory framework that will see…
Posted inEconomy Fintech NAIRA RATE Regulations Naira Scarcity : Nigerians Adopt Fintech Virtual Bank As Commercial Banks Apps, USSD Breakdown. Posted by By Ekenedilichukwu 12/03/2023As the end of the Naira scarcity is nowhere in sight and following the breakdown…
Posted inEconomy NEWS Trading Nigeria Crypto Arbitrage Trading Rises To 62% As Cash Crunch Worsens. Posted by By Tony Chimdiuto 11/03/2023Crypto demand in Nigeria keeps rising due to its great economic instability, as well as…
Posted inFintech Fundraise Regulations Binance P2P MarketPlace Will Now Support More New African Currencies Without Third Parties. Posted by By Ekenedilichukwu 04/03/2023Crypto Exchange platform Binance has announced that its peer-to-peer (P2P) marketplace will now support more…