Naira Strengthens to N1,534/$ Post-Christmas Holiday Parallel Market: Naira Closes at N1,650/$ on Friday FX Turnover Hits N23.95 Trillion in November The Nigerian naira appreciated against the US dollar in the foreign exchange market following the resumption of work after the Christmas holidays. According to FMDQ data, the naira strengthened to N1,534 per dollar on … Read more
The Central Bank of Nigeria (CBN) has uncovered a new fraudulent scheme involving fake SWIFT messages and has warned Nigerians and the public to be cautious of falling victim to scammers. In a statement issued on Tuesday, CBN spokesperson Hakama Sidi Ali clarified that the bank does not offer correspondent banking services for Nigerian banks … Read more
President Bola Ahmed Tinubu has approved the appointment of new members to the board of the Bank of Industry (BoI) Limited. The announcement was made on Monday through a statement from the President’s Special Adviser on Media and Publicity, Ajuri Ngelale. EDITOR’S PICKS Police Arrest Man For Allegedly Killing Neighbour’s 4-Year-Old Daughter Misinformation Grinds Down … Read more