Finance

Naira to Dollar exchange rate for June 3, 2026

The latest available official data from the Central Bank of Nigeria (CBN) showed that the naira traded approximately ₦1,373.25 per dollar at the Nigerian Foreign Exchange Market (NFEM) on...

Breaking: Nigeria remains World Bank’s third-largest borrower with $18.5bn

Nigeria has retained its position as the third-largest borrower from the World Bank’s International Development Association (IDA), even...

Nigerian Senate moves to regulate Opay, Palmpay, Money…

The Nigerian Senate on Friday moved to regulate Opay, Palmpay, Moniepoint, following an alarm raised by Senator Adams...

IFAD-VCDP in Ebonyi proposes N5.17b budget for 2026

Abakaliki, Nigeria - The International Fund for Agricultural Development (IFAD) assisted Value Chain Development Programme (VCDP) has proposed...

Why Nigeria’s Minister of Finance Wale Edun travelled to UK

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has reportedly travelled to the United...
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Tinubu suspends Godwin Emefiele as CBN Governor

In his determination to turn Nigeria's ailing economy around, President Bola Tinubu has suspended Godwin Emefiele as the Central Bank of Nigeria (CBN) governor. 

Afrexinsure to accelerate devt. of specialty insurance in Africa–Afreximbank

Afrexinsure to accelerate devt. of specialty insurance in Africa--Afreximbank

FX convergence: ABCON seeks autonomy to digitise operation

The Association of Bureaux Des Changes Operators of Nigeria (ABCON) has urged the CBN to democratise and centralise the operation of it's members by granting them autonomy to go digital.

Naira exchanges at N461.50 to dollar

The Naira on Friday exchanged at N461.50 to the dollar at the Investors and Exporters window

Why ABCON cautions BDCs on regulatory infringement

The Association of Bureau De Change Operators of Nigeria (ABCON) has cautioned Bureau De Change (BDC) operators on the need to abide by extant...

Polaris Bank explains easy conversion of dollars to naira

Polaris Bank, one of Nigeria’s new generation banks, has outlined steps for converting dollars to naira at customers’ convenience.
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