Finance
CBN Directs Banks To Suspend Charges On Deposits Till September
The Central Bank of Nigeria has directed banks to stop charges on cash deposits until September 30, 2024. The...
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Naira Gains More Strength as Goldman Predicts Trade Below N1,000 to a Dollar Sooner
The naira, on Friday, appreciated to N1,150 per dollar at the parallel section of the foreign exchange (FX) market....
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Just In: CBN Announces N500bn New Capital Base, Sets 24 Months Ultimatum
The Central Bank of Nigeria has announced a new capital base requirements for banks with a minimum of N500...
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President Tinubu Urges Nigerians to Buy Made-In-Nigeria Goods for Naira Strengthening
In a recent press briefing with State House Correspondents, President Bola Tinubu declared the Federal Government's commitment to promoting...
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$26bn Suspicious Flows: Binance Traders Are Traceable, Crypto Expert Tells CBN
A trained crypto investigator Obinna Iwuno says traders on cryptocurrency trading website Binance are not anonymous as they can be...
Read moreAgain, Naira Loses Against US dollar at Parallel Market
The Nigerian currency, Naira, on Friday depreciated to N1,540 per dollar in the parallel market from N1,490 per dollar...
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How Nigeria Currency Constantly Weakens After FG Disburses FAAC to States
The activities of governments after the disbursement of money by the Federation Account Allocation Committee (FAAC) contributed to the...
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BREAKING: CBN Bars Oil Companies From Remitting 100% Forex Proceeds Abroad
The Central Bank of Nigeria (CBN) has stopped international oil companies from repatriating 100% foreign exchange proceed to their mother...
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JUST IN: CBN uncovers $2.4b Invalid FX Claims – Cardoso
Central Bank of Nigeria (CBN) Governor Yemi Cardoso stated that the apex bank uncovered $2.4 billion in invalid foreign outstanding...
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Just In : CBN Orders Restriction of Foreign Currencies for Transactions in Nigeria
The Central Bank of Nigeria (CBN) has warned against the use of foreign currencies in the domestic economy as...
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| Currency | Price |
|---|---|
 UAE Dirham | 3.6725 |
 Australian Dollar | 1.4009 |
 Brazilian Real | 5.019 |
 Canadian Dollar | 1.3694 |
 Chinese Yuan (offshore) | 6.8349 |
 Egyptian Pound | 52.6189 |
 Euro | 0.8539 |
 British Pound | 0.7407 |
 Kuwaiti Dinar | 0.3075 |
 Nigerian Naira | 1,354.83 |
 Russian Ruble | 75.4786 |
 South African Rand | 16.5575 |
24 Apr · FX Source: CurrencyRate
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