Tag: CBN, Dollar, Naira
Naira gains N28.85 against dollar at official market
Caption:Naira The Naira on Thursday appreciated at the official market trading at N1,658.67 against the dollar. Data from the official trading...
Yuan weakens to 7.1935 against dollar
The central parity rate of the Chinese currency renminbi, or the Yuan, weakened 24 pips to 7.1935 against the dollar on Wednesday. This is according to the China...
Naira appreciates by 0.67% against dollar at official market
THE Naira appreciated on Tuesday at the official market, trading at N1,678.93 against the dollar and recovering from a three-day trading loss. Data from the...
Naira Hawking:CBN threatens ro penalise Banks
The Central Bank of Nigeria (CBN) says it will heavily penalise Deposit Money Banks (DMBs) found supporting the hawking of Naira notes. Mr Solaja Olayemi, Acting...
ISB:Tough time awaits Ponzi scheme Operators
…..SEC proposes N20 mln fines, 10-year jail terms The Securities and Exchange Commission (SEC) is pushing for harsher penalties on Ponzi scheme operators through...
Nigeria’s debt service ratio drops to 65% from 97% -Tinubu
……Hopeful of early Economic Recovery Caption:President Tinubu With newky sworn in Ministers President Bola Tinubu announced on Monday that Nigeria’s debt...
CBN ‘ll deploy all tools to control inflation-Cardoso
Says naira devaluation has brought in foreign investment The Central Bank of Nigeria (CBN) Governor,Olayemi Cardoso says the apex bank is prepared to deploy...
Naira appreciates by 0.07% against dollar at official market
The Naira closed the week stronger on Friday at the official market, trading at N1,600 to the dollar. Also Read:SEC pledges cooperation with EFCC to...
FirstBank denies planned system upgrade
Caption:Folake Ani-Mumuney First Bank of Nigeria Ltd on Friday denied any planned system upgrade saying its scheduled transition to a new cloud-based...
Alleged procurement fraud: Emefiele’s coy got preferential treatment- witness tells court
Caption:Emefiele during one of the court appearances A prosecution witness, Mr Stephen Gana, on Monday told an Abuja High Court that two companies belonging to...
