Nasir El-Rufai, the embattled former governor of Kaduna state, has been accused of planning to bribe EFCC officials as disclosed by witness at the court on Tuesday.
The Nigerian currency weakened against the United States dollar at the official foreign exchange market, closing at N1,332.09/$1 from the previous rate.
The CBN has received praise from the Association of Bureaux De Change Operators of Nigeria for authorizing the selling of interbank foreign exchange to its members.
The Central Bank of Nigeria has now permitted Bureau de Change (BDC) operators to buy foreign currencies from the Nigerian Foreign Exchange Market (NFEM).
The value of the Nigerian currency has improved against the United States Dollar, British pound and the euro in the official and unofficial foreign exchange markets.
The Central Bank of Nigeria has released new guidelines for Point-of-sales operations in Nigeria set a limit on withdrawal amounts, and promised to monitor.
Verve, Naija’s Agba and Odogwu card, understands the challenges of not having the right card to seamlessly transact across borders, all from your home.
The latest exchange rate for the naira shows that the value of Nigerian currency fell in the official Nigerian Foreign Exchange Market (NFEM) window.
The price of a bag of rice continues to soar, putting pressure on many Nigerian households and presenting a difficult choice ahead of the festive celebrations.
Following the CBN's recent implementation of a forex strategy, the local currency has seen a notable boost in value relative to the British pound sterling.
The Central Bank of Nigeria has asked Nigerians to report banks unable to provide cash and has imposed a fine of N150 million per branch on such banks.
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