In a bold move to stabilize the Nigerian naira, the Federal Government is reportedly contemplating a policy that would see the conversion of foreign currencies in domiciliary accounts into naira. This drastic... Read more »

Dollar to naira exchange rate today black market (Aboki dollar rate): The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1400 and... Read more »

Dollar to naira exchange rate today black market (Aboki dollar rate): The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1450 and... Read more »

The Central Bank of Nigeria (CBN) has issued a new circular that removes the previous cap on exchange rates quoted by International Money Transfer Operators (IMTOs). This follows a circular issued by... Read more »

Dollar to naira exchange rate today black market (Aboki dollar rate): The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1500 and... Read more »

The Association of Bureau De Change (BDC) Operators, Abuja Chapter, has announced the indefinite closure of their business premises starting from Thursday, February 1, 2024. Chairman of the association, Abdullahi Dauran, disclosed... Read more »

First Bank of Nigeria, FBN, has announced the appointment of Mr Olufemi Peter Otedola as its new Chairman of the Board of Directors. The appointment, according to a statement posted on social... Read more »

Dollar to naira exchange rate today black market (Aboki dollar rate): The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1460 and... Read more »

Naira woes worsened on Tuesday, crashing by 42 per cent against the US dollar in the foreign exchange market in two days. Data from FMDQ showed that the Naira further plummeted to... Read more »