THE Naira, which has seen steady appreciation against the Dollar all week, closed stronger on Friday, trading at ₦1,580.44 in the official forex market. Data from the Central Bank of Nigeria’s website show the Naira gained ₦4.51k against the Dollar on Friday alone. This marks a 0.28 per cent appreciation …
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CBN Retains Interest Rate at 27.5%
THE Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 27.5 per cent. CBN Governor Olayemi Cardoso announced this in Abuja on Tuesday, May 20, 2025, following the Monetary Policy Committee (MPC) meeting. Cardoso said all 12 MPC members voted unanimously to retain the policy. The …
Read More »CBN says Currency Volatility Now Below 0.5 per sent as FX Market Stabilises
THE Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has announced that volatility in the foreign exchange (FX) market has declined significantly, falling below 0.5%, as Nigeria’s monetary and fiscal reforms begin to stabilise the macroeconomic environment. Speaking during a press briefing in Abuja on Tuesday following …
Read More »Man files £990trn Suit Against CBN governor, Others Over Alleged Breach of Rights
Mr Tunde Omosebi has filed a 990 trillion pounds suit against the Central Bank of Nigeria (CBN) Governor, Mr Olayemi Cardoso, and co-defendants over allegations bordering on breach of his fundamental human rights. Omosebi, who referred to himself as “His Majesty,” a businessman and a politician in the suit filed …
Read More »Black Market Dollar To Naira Exchange Rate Today 14th May 2025
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 13th May, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira …
Read More »Black Market Dollar To Naira Exchange Rate Today 7th May 2025
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 6th May, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira …
Read More »Black Market Dollar To Naira Exchange Rate Today 4th May 2025
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 3rd May, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira …
Read More »2024: CBN Declares N38.8bn Profit, says Total Assets Now N117trn
THE Central Bank of Nigeria (CBN) has reported a profit of N38.8 billion for the financial year that ended December 31, 2024. According to the apex bank’s 2024 financial statements, the CBN (referred to as “the Group”) returned to profitability after recording a loss of N1.15 trillion in 2023. The …
Read More »Black Market Dollar To Naira Exchange Rate Today 2nd May 2025
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 1st May, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira …
Read More »Black Market Dollar To Naira Exchange Rate Today 27th April 2025
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 …
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