Two Nigerian fintech companies have paused enrollment of new customers following a directive from the Central Bank of Nigeria (CBN). The affected fintechs are Opay and Moniepoint. Confirming the development
Tag "Foreign exchange"
The naira on Monday depreciated further to N1,260 per dollar at the parallel section of the foreign exchange (FX) market. The latest figure represents a 2.44 percent drop from the
The Central Bank of Nigeria (CBN) says it is doing everything possible to achieve a stable foreign exchange (FX) rate. Yemi Cardoso, CBN governor, spoke on April 20 during a
The naira, on Friday, appreciated to N1,150 per dollar at the parallel section of the foreign exchange (FX) market. Currency traders in Lagos, also known as bureau de change (BDCs)
On March 21, 2024, I made a post on X (formerly Twitter), saying it was a good time to give
The naira, on Monday, appreciated to N1,120 per dollar at the parallel section of the foreign exchange (FX) market. The
The naira, on Friday, appreciated to N1,280 per dollar at the parallel section of the foreign exchange (FX) market. The
Financial Derivatives Company, a firm owned by financial expert, Bismarck Rewane, says it will take time for foreign exchange rate
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says law enforcement agencies are investigating $2.4 billion unverified foreign
The naira, on Monday, appreciated further at the parallel section of the foreign exchange (FX) market. Currency traders in Lagos,
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