Naira Rises to N428.12 at the I&E Window as Gross Reserve Increases
Thursday, August 4, 2022: The Nigerian Investors and Exporters (I&E) FX Window closed the trading session on a positive note...
Nigeria Obtains $134 Million Loan from AFDB for Wheat Production
The Federal Government of Nigeria has obtained a $134 million loan from the African Development Bank to boost wheat production....
Naira Climbs up to N429.20 at the Investors and Exporters Window
Wednesday, August 3, 2022: The Nigerian Investors and Exporters (I&E) FX Window began the trading session on a positive note...
OPEC Raises Nigeria’s Crude Oil Production Quota to 1.83 Million Barrels Per Day
Given the latest oil market fundamentals, the Organization of Petroleum Exporting Countries has raised Nigeria’s crude oil production quota for...
Nigeria Police Eases Tension in Abuja, Deploys Additional Manpower and Operational Asset
In alleviating the panics of residents in Abuja caused by the recent security menace in the area, the Nigeria Police...
Black market speculators suffer heavy losses after naira gains N51/$
Since the start of August, the naira has continued to rise while holding onto its gains amid weak buying pressures...
Naira Drops to N430.67 at the I&E Window Despite 163% Increase in Liquidity
Tuesday, August 2, 2022: The Nigerian Investors and Exporters (I&E) FX Window began the trading session on a bullish note...
Solana Wallets Targeted in Latest Multimillion Dollar Hack
Twitter continues to be flooded with reports of Solana users noticing that tokens have suddenly been drained from their accounts....
Panic buying is causing the crash of the Naira
The Association of Bureaux Des Change Operators of Nigeria (ABCON) has stated that panic buying is causing the crash of...
CBN should stop banks from paying recipients of Diaspora remittances in dollars- ABCON
The Association of Bureaux Des Change Operators of Nigeria (ABCON) advised the apex of the Central Bank of Nigeria (CBN)...
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