As of April 17th, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1,050 NGN in the black...
The federal government has announced new regulations requiring its oil producers to sell crude oil to local refineries using the local currency, the naira, or the...
According to the bureau, the headline inflation rate for March showed a 1.50% point increase compared to February 2024
New data from the Organisation of Petroleum Exporting Countries (OPEC) shows that Libya has become the leading African producer of crude oil. The report, released in...
The former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been granted a bail of 50 million naira by the Ikeja Special Offences...
As of April 9th, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1,200 NGN in the black...
The Central Bank of Nigeria (CBN) has issued a circular prohibiting the use of foreign currency (FCY) as collateral for Naira-denominated loans, News About Nigeria reports....
The apex bank also instructed the BDC operators to sell the dollars to eligible customers at a rate not exceeding 1.5% above the purchase price
As of April 8th, 2024, the exchange rate for the US dollar to the Nigerian Naira stands at 1 USD to 1,240 NGN in the black...
A Federal High Court in Abuja has ordered the remand of Tigran Gambaryan, an executive of cryptocurrency exchange platform Binance, in Kuje Correctional Centre, News About...