Federal government has opened applications for its N50,000 Conditional Grant Scheme, giving eligible nano and micro businesses funding to expand operations.
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Dollar crashes by N329 as naira exchange rate hits strongest level in 2 years
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Top US bank set to begin operations in Nigeria before year-end
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Naira weakens against dollar, pound and euro, reserves rise
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New naira exchange rate as FX reserves fall first time in 2 months
The naira fell by N10 against the US dollar last week as Nigeria’s external reserves declined, highlighting continued demand pressure and market volatility.
Banks warn Nigerians against using public Wi-Fi in restaurants, malls, others for transfers
Banks in Nigeria have warned Nigerians against using public Wi-Fi for transfers and other financial transactions, especially during the festive season.
CBN shares expectation for naira in 2026 as dollar continue to rise
The CBN expects the naira to remain stable into 2026 as inflation slows, borrowing costs ease, and measured interventions help cushion pressures.
Elon Musk rewrites billionaire history, now N500bn richer than world 2nd wealthiest man
Elon Musk’s net worth jumped to $749 billion, nearly $500 billion more than Larry Page, driven by Tesla stock options, SpaceX value, and a record pay package.
CBN orders banks to allow ATMs, POS terminals for foreign card transactions
The CBN ordered banks to fully accept foreign cards nationwide, ensuring uninterrupted and efficient transactions for tourists and Nigerians returning from abroad.
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Year in review: Naira recovers over N100 against dollar in 2025 as CBN introduces 4 key FX policies
The Nigerian currency rebounded strongly in 2025, supported by CBN reforms, higher interest rates, improved FX transparency, and increased dollar inflows.
Purple December keeps the wins coming as PalmPay celebrates real money stories this festive season
Purple December 2025 with PalmPay helps Nigerians manage money smarter, save for Christmas, and celebrate real financial wins this festive season.
Is forex trading safe? Key risks every Nigerian beginner must understand before starting
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Dollar gains as naira weakens at official, black market
The Naira weakened against the dollar and Euro midweek, while gaining slightly versus the Pound, amid thin dollar inflows and limited Central Bank intervention.
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