FOREX market
6 Dec
The forex market, a global powerhouse in financial trading, thrives on liquidity. Understanding how does forex trading work is crucial for successful trade execution.
5 May 2024
The Central Bank of Nigeria (CBN) is grappling with the task of devising effective measures to address the persistent instability of the naira within the forex market.
3 May 2024
Methodist Church Nigeria, Diocese of Lagos Mainland, has expressed worries over rising cases of kidnapping, abduction and other challenges in the country.
27 Apr 2024
The Association of Bureaux De Change Operators of Nigeria (ABCON) is working on establishing a unified retail end foreign exchange market operations to tackle volatility and boost regulatory compliance within the Bureaux De Change (BDC) sub-sector.
23 Feb 2024
Minister of Information and National Orientation, Mohammed Idris on Friday revealed that $1.8 billion flowed into the forex market after the new reforms by the Nigerian government. Idris said this in a statement, highlighting that President Bola Ahmed Tinubu’s second most far-reaching pronouncement was his promise that the Central Bank of Nigeria (CBN) would work…
20 Feb 2024
In a major move to safeguard Nigeria's Foreign exchange market and curb rising inflation, the Office of the National Security Adviser (ONSA) has aligned with the CBN to crush dollar speculators in the country.
Latest
6 mins ago
Former federal lawmaker and businessman, Shina Peller, has set the record straight about the viral TikToker, Peller, who has been sparking public curiosity. Peller revealed that the entertainer is not connected to the illustrious Peller family, known for their magical legacy. During an interview with Channels Television, Shina Peller addressed the issue on Monday, explaining…
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In recognition of his contributions to the growth and development of the Black community and the United Kingdom, a Nigerian-born property mogul, Yemi Edun, has been named on the 2025 list of Britain’s Most Influential Black People for the fifth consecutive year. Edun, who is based in the United Kingdom (UK), is the Founder and…
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Nuno Espirito Santo, Nottingham Forest manager, has hailed Super Eagles striker Taiwo Awoniyi after he scored in his club’s 3-0 defeat of Wolves on Monday night. Taiwo scored for the Tricky Tree after coming from the bench, and it was the third goal of the game. He said that the Nigerian striker’s teammates were happy…
28 mins ago
The Nigeria Police Force has announced the recovery of over ₦1 billion stolen from the Enugu State Government through a cyber fraud operation. Reports indicate that the swift intervention of the National Cybercrime Centre (NPF-NCCC) not only ensured the recovery of the funds but also led to the arrest of the prime suspect, Onuma…
40 mins ago
The Minister of Solid Minerals, Dele Alake, has announced the debut of a TV drama series, 'Hidden Riches,' which aims to tell the story of the complexities and potential of Nigeria's mining sector. Featuring a stellar cast that includes Sydney Diala, Lara Owoeye-Wise, Iveren Antiev, Alex Jibrin, among others, the series is set to unravel…
41 mins ago
The Director General of the National Youth Service Corps (NYSC), Brigadier General YD Ahmed, has assured corps members that the payment of their new monthly allowance of N77,000 would soon commence. He also revealed that arrangements for the payment of new members allowance have been concluded. Ahmed made this known on Tuesday in Abuja when…
1 hour ago
Nigerian hip-hop artiste Panshak Zamani, popularly known as Ice Prince, has been called out by his baby mama, Maimah, of failing to adequately care for their son, Jamal. The rapper, celebrated for his hit track Oleku, now faces public backlash after Maimah expressed her grievances on social media. The drama unfolded on Monday when Maimah,…
1 hour ago
Nasarawa Local Government Area (LGA) chairman in Kano State, Yusuf Imam, has appointed 60 political aides to serve in various capacities in the council. Imam, popularly called 'Ogan Boye,' elected in November 2024, said the appointment of the new aides is strategically intended to promote development and strengthen good governance in the council area.…
1 hour ago
A new twist has been added to the lingering controversy in the Ohanaeze Ndigbo as an Enugu High Court on Tuesday restrained some chieftains of the organisation from interfering with or obstructing the January 10 national election of the apex Igbo socio-cultural organisation. The court had issued an interlocutory injunction restraining a self-acclaimed factional chairman…
1 hour ago
By The World Health Organization (WHO) has clarified that the rising circulation of respiratory viruses, particularly human metapneumovirus, in China aligns with typical winter patterns, with no emergency declarations amid growing attention to the matter. The UN body said that the common respiratory virus called human metapneumovirus, or HMPV, has been spreading in some countries…