FG Begins Disbursement of N200bn Conditional Grant Scheme to Boost Manufacturers and Small Businesses Nationwide
The Ministry of Industry, Trade, and Investment has initiated the distribution of the Presidential Conditional Grant Scheme to verified applicants following a thorough selection process. Through the Bank of Industry, the government had announced the…
Naira Remains Unchanged At N1,188 In Black Market Trading
The Naira is today, Thursday, 11 April 2024 exchanging for 1,188.929 Naira to 1 US Dollar at the parallel market (black market) in Nigeria, remaining unchanged on the third day of the country’s Islamic holiday. Thats to say you can get 1,188.929 Naira…
See The Lastest Price Of Petrol (Per Litre) In Nigeria For Today
The price of petrol has been fluctuating over the years, due to various factors such as global oil prices, exchange rates, subsidy policies, and supply and demand. The Current Price of Petrol in Nigeria. It was shortly after the federal government…
Tinubu’s Initiatives Drive Naira Growth and Foster Local Industry Backing — Presidency
President Bola Tinubu has attributed the gradual strengthening of the Naira against the Dollar to ongoing efforts aimed at stabilizing the forex market in Nigeria. He urged Nigerians to support this initiative by favoring domestically produced goods,…
Binance Invests $213 Million to Strengthen Compliance and Security Against Fraud
Binance, a leading cryptocurrency exchange, has disclosed its investment of $213 million in its compliance program in 2023 to address fraud and bolster security measures. This information was provided in a statement by Romaana Sutton, representing JNPR,…
States Paying Wage Award To Workers And Amounts Paid
It was gathered by Hobnob News reports that that only ten states are paying wage awards to their workers. After the withdrawal of petrol subsidy and the resultant hardship, the Federal Government among other cushioning policies, began payment of N35,000…
Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 11th March 2024
WHAT is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? Below is the black market Dollar to Naira exchange rate for 10th March. You can swap your dollar for Naira at these rates. How much is a dollar to…
Nigeria Attracts Billions As The Impact Of Tinubu’s Reforms Begins To Pay Off — Bloomberg
There was a notable upswing in the demand for Nigerian assets in February among foreign investors, coupled with a substantial increase in remittances from citizens residing abroad. These positive developments according to Bloomberg were attributed to the…
Naira Rises To ₦1,450/$ After CBN Interest Rate Hike
There was a substantial shift in the currency landscape as the US Dollar on Wednesday experienced a significant 6.45% decline against the Naira, plunging from N1,550 to N1,450 in the parallel market. This notable fluctuation ensued in the wake of the…
Naira Rise: CBN Sells Over $300m To Banks
The Central Bank of Nigeria has injected over $300 million into Deposit Money Banks within the last two weeks, signaling determined efforts to stabilize the fluctuating naira-dollar exchange rate. The Association of Corporate Treasurers of Nigeria…