Weekly Newsletter
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dollar
Naira strengthens against dollar by 1.437 %
By Chioma Obinagwam The Nigeria’s currency— the Naira closed 1.437% stronger against the dollar in the parallel (black) market on Monday. Confiance News...
Why CBN banned use of foreign currency as collateral for Naira loans
By Chioma Obinagwam The Central Bank of Nigeria—the apex of Nigeria has instructed all Nigerian banks to stop accepting foreign currencies as...
GSK exit may trigger exodus of more companies as pundit calls for swift intervention on naira depreciation
By Chioma Obinagwam A sustainability expert and consultant on business strategy, Mr. Marcel Okeke has said that the depreciation of the Naira has...
NGX, CSCS, Euroclear partner to facilitate dollar settlement platform for Fintechs
By Chioma Obinagwam Nigerian Exchange Limited (NGX) has disclosed that it is working with the Central Securities Clearing System (CSCS) Plc and...
Forex: Investors adopt wait-and-see approach to CBN’s policy
By Chioma Obinagwam As Nigeria’s apex monetary authority, the Central Bank of Nigeria’s (CBN’s) latest policy on Foreign Exchange (Forex) gains momentum, investors...
Breaking: Buhari unveils redesigned naira notes (Photos)
By Chioma Obinagwam Finally, the long awaited redesigned notes are here as Nigeria’s President, Muhammadu Buhari with the Central Bank of Nigeria (CBN)...
Nigeria’s President, Buhari to unveil redesigned Naira notes tomorrow
Nigeria’s President Muhammadu Buhari will tomorrow (Wednesday, November 23, 2022) unveil the redesigned naira notes. Confiance News gathered from Central Bank of Nigeria...
Naira redesign: EFCC Chairman forecasts 75% rebound of Naira against dollar
Chairman of Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has said that the dollar may crash by 75...
Nigeria’s bourse, NGX, to host Made of Africa awards
By Chioma Obinagwam Nigerian Exchange Limited (NGX) has said it will host the 2022 edition of NGX Made of Africa Awards on Tuesday,...
Don't Miss
‘My life trajectory has been a story of …,’ Inibehe recounts God’s faithfulness on his 36th birthday
By Chioma Obinagwam Renowned Nigerian lawyer and human rights activist, Inibehe Effiong, has expressed his gratitude to God for making him celebrate his...