Naira falls slightly against dollar. see latest figure

The Naira on Thursday depreciated slightly against the dollar at the parallel market.   The Nigerian currency lost two points to close at N390 to the dollar, while the Pound Sterling and the Euro traded at N495 and N415, respectively. At the Bureau De Change window, the naira was sold at N362, while the Pound Sterling and the Euro closed at N490 More...

by Tony Dike | Published 14 hours ago
By Tony Dike On Thursday, April 27th, 2017
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Wow!! See the Value of the Naira Today at the Black Market

The greenback is currently enjoying an impressive run in the black market as the Central Bank of Nigeria continues to pump in forex.   These are the currency exchange rates for today, April 27, 2017, powered More...

By Tony Dike On Wednesday, April 26th, 2017
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CBN Reveals When the Current Economic Recession Will End

The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, has said that with the current efforts by the Federal Government to revive the country’s economy, the country should be out of recession by the More...

By Tony Dike On Tuesday, April 25th, 2017
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CBN to stop bank accounts without BVN from August 1

The Central Bank of Nigeria,CBN, said all customers without Bank Verification Number, BVN, linked to their bank accounts will not be allowed to make withdrawal from those accounts, as from August 1.   The apex More...

By Tony Dike On Monday, April 24th, 2017
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See the Value of the Naira in the Black Market Today

The regular intervention of the Central Bank of Nigeria has helped to stabilize the value of the greenback in the local market.   These are the currency exchange rates for today, April 24, 2017, powered by More...

By Tony Dike On Saturday, April 22nd, 2017
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MTN denies increasing price of recharge cards

MTN Nigeria has told its subscribers not to pay more than the amount printed on any of their recharge cards. The telecommunication’s Public Relations and Protocol Manager, Mr Funso Aina, said in a statement on More...

By Tony Dike On Friday, April 21st, 2017
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WOW!! Naira gains N20 against dollar. must see

The Naira has appreciated significantly by N20 to exchange at N380 against the US Dollar in the parallel market. The Nigerian currency also got stronger on the Bureau de Change (BDC) segment of the market yesterday, More...

By Tony Dike On Friday, April 21st, 2017
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CBN stops interchange charges on electronic payment

The Central Bank of Nigeria (CBN) has suspended the implementation of interchange regime on electronic payment that involves merchant service until further notice. Director, banking and payments system department, More...

By Tony Dike On Thursday, April 20th, 2017
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Access Bank gets new Group Deputy Managing Director

Access Bank Plc has announced the appointment of Mr. Roosevelt Michael Ogbonna, as Group Deputy Managing Director to replace Mr. Obinna Nwosu who recently resigned his appointment to pursue other personal endeavours. The More...

By Tony Dike On Thursday, April 20th, 2017
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UPDATE!! Nigerians celebrates as Naira appreciates further against the dollar. Must see

The naira has appreciated by N12 against the US dollar in the parallel market. The is coming due to $62 million dollar supply to Bureaux de Change segment by the Central Bank of Nigeria, CBN. The CBN yesterday sold More...