Dollar to Naira Black Market Today Wednesday 28/08/2024 [aboki fx rate]

Dollar to Naira Black Market Today Wednesday 28/08/2024 [aboki fx rate]

Dollar to Naira Black Market Today Wednesday 28/08/2024 – See the latest and up-to-date dollar to Naira CBN rate as well as dollar to naira bank rate today. Find the Aboki dollar rate in Nigeria today, The official CBN dollar rate, latest dollar-to-naira news, trends, and updates on this page. Dollar to Naira Black Market Today … Read more

Gombe govt approves N5.2 billion for gratuity payment

Gombe govt approves N5.2 billion for gratuity payment

The Gombe State Executive Council has approved approximately N5.2 billion for the payment of gratuities to retirees in the state and the local government, as per DAILY POST. This decision was announced by the Commissioner for Information, Mijinyawa Tilde, during a media conference at the end of the council’s 36th meeting, which was presided over … Read more

Fresh move by CBN to float Naira sparks concerns in Nigeria’s forex market

Fresh move by CBN to float Naira sparks concerns in Nigeria’s forex market

The recent move by the Central Bank of Nigeria, CBN, to further float the Naira in the foreign exchange market has raised mixed concerns in the country’s economic sector, as per DAILYPOST. According to experts familiar with the sector, the move is similar to what the CBN did eight months ago on June 14 last … Read more

Operation Rescue Naira: FG considers converting $30bn domiciliary deposits to naira

Operation Rescue Naira: FG considers converting bn domiciliary deposits to naira

There are strong indications that the Federal Government is mulling a policy that will result in the conversion of foreign currencies in domiciliary accounts of citizens to naira to stabilise the national currency, which earlier this week recorded its worst performance in history, as per PUNCH ONLINE.informationguidenigeria If it goes ahead with the plan, the … Read more

Edo, APC disagree over state’s debt profile

Edo, APC disagree over state’s debt profile

The Edo State chapter of the All Progressives Congress has urged Governor Godwin Obaseki to stop securing loans, noting that the “N9bn” loan recently approved by the House of Assembly was needless and will plunge the state into financial distress, as per PUNCH ONLINE.informationguidenigeria Addressing a press conference on Friday, the acting Chairman of the … Read more

Naira rebounds as banks offload excess dollars

Naira rebounds as banks offload excess dollars

Ahead of the midnight February 1, 2024 deadline given by the Central Bank of Nigeria to commercial banks to sell all excess foreign exchange holdings, Deposit Money Banks on Thursday made frantic efforts to offload their surplus dollar stocks, PUNCHONLINE reports. It was learnt that the treasury departments of the DMBs spent the entire day … Read more

CBN orders banks to sell excess dollars in 24 hours

CBN orders banks to sell excess dollars in 24 hours

Amid its fresh moves to stabilise the nation’s volatile exchange rate, the Central Bank of Nigeria has ordered Deposit Money Banks to sell their excess dollar stock latest February 1, 2024, as per  PUNCH ONLINE. The CBN, which made the disclosure in a new circular released on Wednesday, also warned lenders against hoarding excess foreign … Read more

Naira hits all-time low at forex markets

Naira hits all-time low at forex markets

As the Central Bank of Nigeria (CBN) moved to clear dollar backlogs owed to foreign airlines operating in Nigeria, Naira slipped to an all-time low against the United States dollar across forex markets on Tuesday Premiumtimes reports.informationguidenigeria According to data published by FMDQ, naira closed Tuesday at N1,482.57 per $1 at the official market. The … Read more

Nigeria Sets Tax Revenue Target of N19.4 Trillion for 2024

Nigeria Sets Tax Revenue Target of N19.4 Trillion for 2024

The Federal Government of Nigeria has set a tax revenue target of N19.4 trillion for the year 2024. This comes after the Federal Inland Revenue Service (FIRS) achieved a record collection of N12.37 trillion in tax revenue for the federation in 2023, surpassing the year’s target of N10.7 trillion.JAMB Portal The Chairman of FIRS, Dr. … Read more

What is the Best Banks in Nigeria 2024?

What is the Best Banks in Nigeria 2024?

What is the Best Banks in Nigeria 2024? In a rapidly evolving economy like Nigeria, choosing the best bank is essential for individuals and businesses seeking reliable financial services. As of 2024, several banks have demonstrated exceptional performance, innovation, and customer-centric approaches, making it challenging to determine the definitive “best” bank. However, in this article, … Read more