A Federal High Court, Abuja, on Thursday dismissed a suit seeking to restrain the Federal Government (FG) from securitising the sum of N22.7 trillion Ways and Means Loan support it got from the Central Bank of Nigeria (CBN). Justice James Omotosho, in a judgment, held that the plaintiffs lacked locus …
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Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 9th May 2024
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to Naira exchange rate for 8th May, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira …
Read More »CBN Introduces New Cybersecurity Levy On Electronic Transactions
THE Central Bank of Nigeria (CBN) has issued a new directive to all financial institutions, including commercial, merchant, non-interest banks, payment service banks, and mobile money operators mandating the implementation of a 0.5% cybersecurity levy on all electronic transactions. This move is in line with the provisions of the recently …
Read More »Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 5th May 2024
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to Naira exchange rate for 4th May, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira …
Read More »CPPE Urges CBN To Stabilise Exchange Rate, Peg Customs Duty At N1,000
THE Centre for the Promotion of Private Enterprises (CPPE) has urged the Central Bank of Nigeria (CBN) to adopt a framework that minimises volatility in the customs duty exchange rate. Dr Muda Yusuf, Founder, CPPE, said in a statement on Wednesday in Lagos that this would boost investors’ confidence and …
Read More »Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 30th April 2024
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to Naira exchange rate for 29th April, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira …
Read More »Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 28th April 2024
WHAT is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to Naira exchange rate for 27th April, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira …
Read More »Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 27th April 2024
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to Naira exchange rate for 26th April, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira …
Read More »16 CBN-Licensed Loan App Companies In Nigeria
THE digital lending landscape in Nigeria has witnessed significant growth, with an array of licensed loan app companies offering credit facilities to both individuals and businesses. These companies, licensed by the Central Bank of Nigeria (CBN), play a crucial role in providing financial services to the informal sector. The Federal …
Read More »Naira Falls To ₦1,300 Against Dollar Amid Forex Turbulence
THE naira experienced a significant depreciation, falling to ₦1,300 per dollar in the parallel foreign exchange market on Wednesday, a 3.17 per cent drop from its rate of ₦1,260 on April 22. In the bustling foreign exchange market, currency traders, particularly Bureau de Change (BDC) operators, faced a volatile trading …
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