Economy & Finance

Savings bonds

FG Targets N1.8tn from Bond Market in Q1, Introduces Two Savings Bonds

Nigeria targets N1.8tn from the bond market in Q1 2025, introduces two savings bonds with ...
GDP rebasing

FG Defends GDP Rebasing Plan as CBN Postpones January MPC Meeting

Nigeria plans to rebase GDP to capture emerging sectors and improve economic planning. CBN delays ...
Equity market

Nigerian Equity Market Rebounds with N54bn Gain After Three-Day Decline

Nigerian equity market rebounds with a N54bn gain after three-day losses. NGX All-Share Index climbs ...
CBN

CBN Unveils Digital Tools to Revolutionize Payment Processes

The CBN has introduced DocFlow and the MDA Naira Payment Solution to simplify financial transactions ...
Court order

First Bank Secures Court Order to Seize Oil Vessel Over $225 Million Debt

First Bank of Nigeria secures a court order to seize General Hydrocarbons Limited’s oil vessel ...
Oil Dispute

First Bank Faces Legal Heat Over $225 Million Oil Sector Dispute

First Bank and General Hydrocarbons Limited are locked in a $225 million legal dispute over ...
cash shortage

CBN Fines Nine Banks ₦150 Million Each Over ATM Cash Shortage

The CBN fines nine banks ₦150 million each for failing to provide cash at ATMs, ...
Export

CBN Suspends Extension of Export Proceeds Repatriation

The CBN suspends the extension of export proceeds repatriation deadlines, mandating stricter compliance with export ...
CBN

CBN Unveils Non-Resident Accounts to Boost Diaspora Investments

The CBN launches Non-Resident Nigerian accounts to attract diaspora remittances and foster local investments in ...
inflation

Nigeria’s Inflation Rate May Drop to 27% by December, Experts Predict

Nigeria’s inflation rate could decline to 27% by December, driven by stabilizing naira, pro-growth policies, ...

Latest News

Today in History

January 18th is the day in 1955 that Battle of Yijiangshan is fought.

Exchange Rate Per Dollar

AM Armenian Dram401.0794
GH Ghana Cedi14.9046
GM Gambian Dalasi71
GN Guinea Franc8,650
NG Nigerian Naira₦1,558.67
CF CFA Franc BEAC636.6969
18 Jan · CurrencyRate · USD
CurrencyRate.Today
Check: 18 Jan 2025 01:05 UTC
Latest change: 18 Jan 2025 01:02 UTC
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