HomeTagsForeign exchange

foreign exchange

New Bill Proposes ₦20m Fine, Jail Terms for Ponzi Operators

Nigeria’s Senate proposes a ₦20m fine and jail terms for Ponzi operators, enhancing investor protection through modern financial reforms.

UNICEF: 4.9M Nigerian Children Need Urgent Help

UNICEF's 2024 report reveals 4.9 million Nigerian children urgently need aid, with critical gaps in education, health, and living conditions

Naira Soars Below N1,600: A Glimmer of Economic Hope

The Nigerian Naira is showing promising signs of recovery, with its value appreciating to...

Nigerian Banks in Ghana Work to Resolve FX Trading Ban

Nigerian banks operating in Ghana are working with the Bank of Ghana (BoG) to...

CBN Bans Cash Payout for Travel Allowances

The Central Bank of Nigeria (CBN) has announced a new policy that prohibits authorized...

Naira Surges as Nigeria’s Central Bank Unifies Exchange Rates

Nigeria's naira soared by more than 27 percent against the US dollar on Monday,...

Nigeria’s Economy Faces Severe Pressure as Business Activity Shrinks

Nigeria, Africa’s largest economy, is facing a serious economic crisis as its business activity...

CBN Initiates New Measures to Stabilize Nigeria’s Forex Market

Nigeria's Central Bank (CBN) has unveiled fresh strategies aimed at bolstering the Naira, which...

Fuel Price: Uncertainty as Crude Oil Climbs to $93.50

Recent spikes in the global crude oil price have instilled anxiety among Nigerians regarding...

Latest articles

New Bill Proposes ₦20m Fine, Jail Terms for Ponzi Operators

Nigeria’s Senate proposes a ₦20m fine and jail terms for Ponzi operators, enhancing investor protection through modern financial reforms.

UNICEF: 4.9M Nigerian Children Need Urgent Help

UNICEF's 2024 report reveals 4.9 million Nigerian children urgently need aid, with critical gaps in education, health, and living conditions

NNPCL Challenges Dangote Refinery’s Import Licence Suit

NNPCL counters Dangote Refinery’s bid to monopolize petroleum imports, arguing the suit doesn’t hold water and could be ruinous to the economy.

Troops’ Welfare And Nigeria’s Protection My Top Priority, Acting COAS

The Lt. Gen Oluyede is rallying the Nigerian Army to remain focused in turning the tide regarding insecurity, as the handover to the Infantry Corps happens, with priority given to troop welfare and national security.