" It is economic infrastructure that approximately 40 million people use regularly, with the vast majority of them at the base of the economy. Removing that...
Exchange rates may vary across banks, bureaux de change, fintech platforms and parallel market dealers based on transaction size, location and market conditions.
Following the expulsion, the NEC directed that all expelled persons should cease immediately from acting in any capacity on behalf of the TUC, including participation in...
The CBN stated that the decision followed engagements with stakeholders and considerations arising from the operationalisation of an earlier circular issued on August 25, 2025, which...
AfDB said that it chose Keyamo because of Nigeria’s ‘leadership and vision’ in respect of various policy reforms to transform Nigeria’s Aviation secto
At the parallel market, also known as the black market, the dollar exchanged at an average buying rate of about ₦1,378 and a selling rate of...
69 ViewsIn a inspiring move to promote leadership and financial literacy among children, Wema Bank has appointed 10-year-old Chinmamanda Diamond Ozoakpata as its One-Day Managing Director...
Street traders in major currency hubs, including Lagos and Abuja, are buying the greenback at an average rate of 1,410 Naira and selling between 1,420 Naira...
Any false claims, misrepresentation or procurement undertaken outside the approved framework will attract sanctions in line with the Public Procurement Act and other applicable regulations.
The gap between the official and parallel market rates remained relatively narrow, reflecting ongoing reforms by the apex bank aimed at improving transparency and liquidity in...