The Federal Government plans to borrow about N4.89tn from internal and external sources to finance the deficit in its proposed 2022 budget of N13.98trn due to...
The World Bank has stated that Nigeria is among a list of top 10 countries with high debt risk exposure.. It stated this in the financial...
The naira appreciated to N520 to a dollar on the parallel market on Thursday, stronger than the N525 to a dollar it closed the previous day....
This is, as a result, a day after the Central Bank of Nigeria stopped the allocation of foreign exchange to Bureau de Change operators in the...
The Central Bank of Nigeria (CBN) on Tuesday stopped sale of foreign exchange to bureaux de change.. The apex bank also accused international bodies operating in...
The value of the naira to the dollar fell from 196.99 in December 2015 to 410 in April 2021. Over a period of 6 years, the...
The Central Bank of Nigeria (CBN) has announced plan to launch its digital currency before end of this year. The apex bank has also intensified efforts...
It’s official: the first country to embrace Bitcoin and declare it legal tender is El Salvador.. After his initial announcement on Saturday, Salvadoran president Nayib Bukele...
Commercial banks and mobile network providers have started charging customers a flat rate of N6.98 per transaction every time they use the Unstructured Supplementary Service Data...
The naira exchanged to the dollar at N490/$ at the parallel market on Thursday.. According to naijabdcs.. com, the official exchange rate website of the Central...