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Business

OMG! Another crypto exchange suspends naira service after Binance as naira finally gains

KuCoin, a cryptocurrency exchange, announced it has stopped its naira cards and peer-to-peer naira servicesThis occurred after the Securities and Exchange Commission recently advised...

Business

Naira up by 4.04%, trades N1,459/$ at official market

The Naira traded for N1, 459.02 to a dollar at the official market on Wednesday.Data from the official trading platform of the FMDQ Exchange...

Business

See new naira to dollar exchange rate against US dollar

The official exchange rate for the naira fell against the dollar, leading black market traders to set a new rateThe Central Bank of Nigeria...

Business

MPC will do anything necessary to tame inflation, says Cardoso

By: Babajide OkeowoOlayemi Cardoso, the Governor of the Central Bank of Nigeria, has disclosed that members of the Monetary Policy Committee (MPC) will do...

Business

How the parallel and black market rates trade at the same rate as naira depreciates

The gap between the official and black market rates in the foreign exchange rate market has narrowedThe development is due to the continued depreciation...

Business

New report reveals Naira's ranking in list of worst performing currencies against US dollar

A new report has revealed that the Naira is currently the worst-performing currencies in the world The Naira found itself ranked among the worst-performing...

Business

See the 4 new credit cards launched by American Express, O3 capital for Nigerians

American Express and O3 Capital have launched its business credit cards in Nigeria at an event in LagosThe card is expected to cater to...

Business

How Nigeria's forex reserves rose to a three week high

The Nigerian foreign exchange reserves have seen a notable increase of about $262 million in the last three weeksThe foreign reserves had depleted to...

Business

Naira down by 0.31%, trades N1, 421/$ at official market

The Naira traded for N1,421.06 to the dollar at the official market on Wednesday.Data from the official trading platform of the FMDQ Exchange, which...

Politics

Ribadu's office in $150m bribe saga: PDP chieftain asks Binance for 1 thing

A PDP chieftain and former presidential aide, Reno Omokri, has condemned the allegation by Binance that officials in NSA Nuhu Ribadu's office demanded bribe...

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