Fallen Crypto Tycoon Bankman-Fried Gets 25-Year Sentence
Disgraced cryptocurrency wunderkind Sam Bankman-Fried was sentenced to 25 years in jail on Thursday — a stunning descent for a figure who seemed poised to lead an emerging sector less…
Naira Rallies Across FX Markets, Official Rate Now N1382
Naira Rallies Across FX Markets, Official Rate Now N1382 Exchange rates continued to rise against the US dollar on Tuesday, defying the recent past downward trend in the forex markets…
Nigerian Insurance Industry Gross Premiums Stood at N1.003trn in Fourth 2023 – NAICOM
Nigerian Insurance Industry Gross Premiums Stood at N1.003trn in Fourth 2023 – NAICOM The Gross Premium Written of the Nigerian Insurance industry for fourth quarter of 2023 stood at N1.003…
Naira Rises as Tenacious CBN Flood Banks, BDCs with FX
Naira Rises as Tenacious CBN Flood Banks, BDCs with FX The foreign currency injections made by the apex bank to deposit money banks and bureaux de change (BDCs) in its…
Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 27th March 2024
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to Naira exchange rate for…
Naira Upbeats All Fronts as CBN Humbles FX Whales
Naira Upbeats All Fronts as CBN Humbles FX Whales The Nigerian naira trended positively against the dominant foreign currency, the US dollar, across forex markets due to efforts by the…
Yield on Nigerian Treasury Bills Decreased to 17.7%
Yield on Nigerian Treasury Bills Decreased to 17.7% The average yield on Nigerian Treasury bills declined 91 basis points to close at 17.71% due to selloffs in the secondary market,…
Investors Lose N248bn as Bears ‘Raid’ Nigerian Bourse
Investors Lose N248bn as Bears ‘Raid’ Nigerian Bourse Equities investors’ wealth plunged by about N248 billion as bears raided the Nigerian Exchange in the just concluded week. The latest negative…
CBN Sells FX To BDCs At N1,251/$1 As Naira Rebounds
As the naira gradually appreciates against the dollar after months of unprecendented uncertainties, the Central Bank of Nigeria (CBN), on Monday, announced the sales of $10,000 to each of the…
Naira Appreciation: We’ll Unleash More Economic Measures- Tinubu
Naira Appreciation: We’ll Unleash More Economic Measures- Tinubu President Bola Tinubu, says his administration will unleash a number of measures to revive the economy, based on the recent appreciation of…