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Your Money

  • Parallel market: Naira depreciates to N1,620/$

    March 14, 2024

    The naira, yesterday fell to N1,620 per dollar in the parallel market from N1,615 per dollar on Tuesday. Also, it fell to N1,615.94 per dollar...

  • Bitcoin hits record high above $70,400 as surge continues

    March 11, 2024

    Bitcoin surged to a record high above $70,400 on Monday, continuing its upward trend with no signs of slowing. According to LSEG data, it increased...

  • How CBN can save naira free fall — EIU

    March 11, 2024

    International business research firm, Economist Intelligence Unit has said that the Central Bank of Nigeria may need to resort to foreign borrowi...

  • Five Must-Have Trading Instruments for Successful Investors

    March 07, 2024

      What does it take to enjoy success within the world of online investing? Some may cite traits such as an ability to read current market ...

  • Bitcoin hits new all-time high, surpassing $69,000

    March 05, 2024

    In an unexpected change of events, Bitcoin has risen to a new all-time high, surpassing $69,000, a huge milestone for the cryptocurrency. This spik...

  • Naira hits N2,050/£ at parallel market

    March 05, 2024

    The parallel market exchange rate has experienced a substantial decline, reaching a low point of N2050 per Great Britain Pound (GBP). This represen...

  • BREAKING: CBN revokes operational licenses of over 4,000 BDCs

    March 01, 2024

    The Central Bank of Nigeria (CBN) has revoked the operational licenses of more than 4,000 Bureau De Change (BDC) operators registered under its oversi...

  • Naira appreciates to N1,609/$

    February 29, 2024

    The naira appreciated marginally against the United States dollar to N1,609 on Wednesday at the official market from N1,615.94 recorded the previous d...

  • Manufacturers urge CBN to reduce number of BDCs

    February 28, 2024

    The Manufacturers Association of Nigeria (MAN) has asked the Central Bank of Nigeria (CBN) to work towards reducing the number of Bureau De Change (BD...

  • Naira may exchange for N4,000 against US dollar— Ozekhome

    February 28, 2024

    A Senior Advocate of Nigeria, Mike Ozekhome has warned that the naira may exchange for N4,000 against the dollar before the end of 2024. ...

  • How to stop naira free fall — Operator advises Tinubu

    February 27, 2024

    The Group Managing Director of CFL Group, Lai Omotola, has urged President Bola Tinubu to sign an executive order prohibiting dollar cash transactions...

  • BDC: CBN instructs sellers above $10,000 to declare sources

    February 24, 2024

    The Central Bank of Nigeria (CBN) has mandated foreign exchange sellers to Bureau De Change (BDC) of the equivalent of 10,000 dollars and above to dec...

  • Naira hits N2,040/£ at parallel market

    February 19, 2024

    The parallel market exchange rate has experienced a significant decline, plummeting to a record low of N2040 per Great Britain Pound (GBP). This ma...

  • Again, Naira depreciates against dollar in exchange market

    February 15, 2024

    Again, Naira has depreciated against the US dollar on Wednesday. According to data from FMDQ showed that the Naira depreciated to N1503.38 per US d...

  • Bitcoin's market capitalisation hits $1 trillion milestone, surpasses $51,000 mark

    February 14, 2024

    Bitcoin's market value surpassed $1 trillion on Wednesday, according to CoinMarketCap data, which represents the cryptocurrency's first increa...

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