
The Central Bank of Nigeria has revealed that the naira closed against the United States Dollar in the official and unofficial foreign exchange markets.
The Central Bank of Nigeria has revealed that the naira closed against the United States Dollar in the official and unofficial foreign exchange markets.
The value of Nigerian currency the naira has recorded a mixed performance, appreciating against the dollar and falling to the pound and euro in official market.
The former richest man in the world has dropped further on the Forbes billionaires List, falling to 6th place, while Elon Musk retain his position as number one.
Hundreds of Nigerians have lost billions of naira to several Ponzi schemes in the last decade and many more have got their investments hanging in the balance.
According to the Tinubu Media Support Group, Forbes' 2025 list of the 22 richest people in Africa includes four Nigerian entrepreneurs across the country.
The Central Bank of Nigeria has revealed that the value of the Nigerian currency has depreciated against the United States Dollar in the foreign exchange markets.
Web3 specialist Olayimika Oyebanji provided insight into why people continue to fall for schemes in spite of prior experience and warnings by regulators.
Before the current confusion about the operation of CBEX in Nigeria, the Hong Kong government had warned Nigerians about the investment app and blocked the website.
The value of the Nigerian currency has appreciated against the United States dollar in the official foreign exchange market, but fell to pound and also the euro.
Access Bank is now just one step closer to taking over the National Bank of Kenya, a move that will further increase its presence in the East African market.
Money
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