DATA released by the Central Bank of Nigeria, CBN, in its economic report for fourth quarter 2024, has shown that the President Bola Tinubu-led federal government failed to meet revenue target for the quarter. According to the document cited by SaharaReporters, “federally collected revenue saw a 5.31% increase compared to …
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Black Market Dollar To Naira Exchange Rate Today 26th March 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 25th March, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira …
Read More »Naira appreciates against dollar at Official Market
THE naira appreciated at the official market, trading at N1,531.19 to a United States dollar on Monday, March 24, 2025. Data from the Central Bank of Nigeria (CBN) website showed that the naira gained N5.70. This represents a 0.37 per cent gain when compared to the N1,536.89 per dollar recorded …
Read More »NGX, CBN Empower Students with Financial Skills
THE Nigerian Exchange Group (NGX Group), in partnership with the Central Bank of Nigeria (CBN) and MinieMoney, on Thursday empowered over 200 students with vital financial skills. This initiative formed part of the 2025 Global Money Week celebration, aimed at promoting financial awareness among young people globally. The 2025 theme …
Read More »Naira gains by 1.9% to close at N1,517.93
THE Naira ended the week positively on Friday, trading at N1,517.93 to a Dollar in the official market. Data from the Central Bank of Nigeria (CBN) showed that the Naira, which had been falling since March 5, gained N29.89. This represents a 1.9 per cent increase compared to Thursday, when …
Read More »Black Market Dollar To Naira Exchange Rate Today 15th March 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 14th March, below. You can swap your dollar for Naira at these rates. How much is a dollar to naira …
Read More »Naira gains 1.9% to Close at N1,517.93
THE Naira ended the week positively on Friday, trading at N1,517.93 to a Dollar in the official market. Data from the Central Bank of Nigeria (CBN) showed that the Naira, which had been falling since March 5, gained N29.89. This represents a 1.9 per cent increase compared to Thursday, when …
Read More »House of Reps Demands Immediate Suspension of CBN’s ATM Charges Hike
The House of Representatives has demanded the immediate suspension of increase in ATM transaction charges and stoppage of free ATM withdrawals for customers from other banks imposed by the Central Bank of Nigeria, CBN. It said the apex bank prescription of an increase in ATM withdrawal charges and a discontinuation …
Read More »Why I Turned Down Loan From World Bank, Federal Govt – Soludo
THE Governor of Anambra State, Charles Soludo has revealed that his administration turned down an existing World Bank loan agreement to prevent the state from falling into a “debt overhang.” Soludo stated that he has refused to borrow from any financial institution and also declined the Federal Government’s loan offer to …
Read More »How New CBN Directors Were Selected
DETAILS have emerged regarding the selection process for the newly appointed Directors at the Central Bank of Nigeria (CBN), with sources indicating that the process was more rigorous and merit-based than in previous exercises. According to a source within the bank, the Management engaged the global consultancy firm PricewaterhouseCoopers (PwC) …
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