Amidst the tightening regulatory grip on cryptocurrency platforms in Nigeria, KuCoin, a prominent player in the crypto trading arena has announced the suspension of its peer-to-peer...
In a sharp turn of events, the Nigerian Naira took a significant tumble on Tuesday, plunging to N1,416.57 against the US dollar at the official market....
The Naira surged against the US Dollar, surpassing key resistance levels to trade below N1,000 in certain segments of the black market by late Sunday. This...
The Naira experienced a notable surge in value on Friday in the official market, reaching N1,142.38 against the dollar. Data from the FMDQ Exchange revealed a...
The Minister of Power, Adebayo Adelabu, expressed optimism about the potential for a reduction in electricity tariffs for Nigerians due to the recent appreciation of the...
The Naira continued its upward swing, strengthening further against the dollar in Wednesday’s trading session. Official data from the FMDQ’s trading platform reveals a significant gain...
In March 2024, the Nigerian naira showed remarkable strength against the US dollar, appreciating by over N350 on the back of major foreign exchange policy. Official...
President Bola Ahmed Tinubu has unveiled a significant economic strategy, revealing the Federal Government’s plan to secure a minimum of $10 billion. According to the president,...
In a high-profile session on Tuesday, Central Bank Governor, Olayemi Cardoso seized the spotlight in Abuja, delivering a comprehensive briefing to the House of Representatives. His...
In a noteworthy development, the official foreign exchange market experienced a remarkable surge in dollar supply, skyrocketing by an impressive 180.59 percent to reach $440.13 million...
