The dollar rate extended its upward swing on Wednesday, after closing at N773.42/$1 in the Investors’ and Exporters (I&E) window of the official market, according to FMDQ Exchange. Data obtained
Read MoreManaging Director/Chief Executive Officer, Fidelity Bank Plc, Mrs. Nneka Onyeali-Ikpe has called on the Nigeria Electronic Fraud Forum, NeFF to come with solutions to the challenges posed by electronic fraud
Read MoreFBNHoldings (FBNH), the parent company of Nigeria’s pioneer Bank, First Bank of Nigeria Limited published stellar results, confounding analysts, and exciting investors. Equally as amazing as the spectacular results, which
Read MoreUS-based financial firm, JP Morgan, has disclosed that Nigeria’s foreign reserves stood significantly lower than the figure the Central Bank of Nigeria (CBN) claimed the country has. JP Morgan estimated
Read MoreFMDQ Exchange reported the official exchange rate between the naira and the dollar closed at N761.32/$1 on Monday, contrasting with Friday’s N739.52/$1. The rate of the United States currency increased
Read MoreMTN Nigeria, Unity Bank and Wema Bank are the stocks to watch this week as the Nigerian bourse resumes trading. Ripples Nigeria stocks watchlist is a selection of stocks monitored
Read MoreThe United States Dollar (USD) traded at N739.52/$1 at the close of official trading on Friday, with foreign exchange traders maintaining the value of forex transacted on the back of
Read MoreThe Central Bank of Nigeria intervention in the power, manufacturing and aviation sectors have risen to N5.6tn in three years, according to findings by The PUNCH. The soft loans were advanced
Read MoreNigerian banks have lost a whopping N9.5 billion to electronic frauds since the beginning of 2023. This is as the Nigeria Electronic Fraud Forum (NeFF), on Friday, called for new
Read MoreIn a bid to sanitise the foreign exchange market, the Central Bank of Nigeria (CBN) has introduced a foreign exchange price verification system, specifically designed for importers to have access to forex.
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