The Central Bank of Nigeria (CBN) has reportedly barred some online microfinance banks from opening new accounts and accepting new customers. The microfinance banks include Moniepoint, PalmPay, Opay, PiggyVest, and Kuda, among... Read more »

The Nigerian currency, the Naira, has experienced a significant decline in value, falling to ₦1,340 per dollar in the parallel market, a notable decrease from N1,300 per dollar just last Friday. The... 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 N1340 and... Read more »

The UK government has passed legislation to enable the National Crime Agency and police to seize, freeze and destroy crypto assets used by criminals. This new law was legalised because organised criminals,... Read more »

The Nigerian Naira has shown signs of recovery, appreciating by ₦125 to close at ₦1,275 per US dollar over the weekend, marking a significant improvement from the ₦1,400 rate at the close... Read more »

The Chinese Premier Li Qiang told Elon Musk, Tesla CEO, that the Chinese market is always open to foreign-funded firms. China’s number Two official disclosed this on Sunday after an unannounced meeting... Read more »

The Association of Rice Millers has said the reopening of the Nigeria-Niger border is responsible for declining rice prices nationwide. Jonathan Joshua, chairman at African Rice Millers in Nasarawa, disclosed this in... 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 N1320 and... Read more »

A recent survey has revealed a significant drop in the prices of staple food items in Adamawa, Borno, and Yobe states. This development is a welcome relief for residents in these states,... Read more »