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Currency - Page 86

Africa·Currency·Finance & Economy·News·Top Stories

BoU Warns Sovereignty Bill Could Trigger Currency Crisis, Capital Flight

April 29, 2026

Uganda’s central bank has raised alarm over the proposed Protection of Sovereignty Bill, 2026, warning lawmakers that its provisions could destabilise the economy, weaken the currency, and drive up inflation, Prime Business

Currency·Finance & Economy·News·Nigeria·Top Stories

CBN Rate Cut Signals Growing Confidence in Nigeria’s Economy – FXTM

February 24, 2026

Analysts say the recent interest rate cut by the Central Bank of Nigeria (CBN) points to improving confidence in Nigeria’s economic outlook, supported by easing inflation and stronger external reserves. Mathew Anthony,

Finance & Economy·Currency·Top Stories

Facebook To Introduce Crypto Wallet, Novi

FACEBOOKon Friday announced that it would soon introduce its cryptocurrency wallet named Novi Digital Wallet, saying the wallet would be tied to the Diem Blockchain system. Facebook’s financial services chief and a board member of Diem, David Marcus, stated that the present

August 20, 2021

Finance & Economy·Currency·Top Stories

CBN Reads The Riot Act To Abusers Of Naira

THE Central Bank has cautioned people who abuse the Nigerian legal tender, naira, advising them to desist from such act or face the wrath of the law.

August 17, 2021

Naira Opens Week With Gain Across FX Markets

Finance & Economy·Currency·Top Stories

Labour Laments Naira Fall, Seeks Special Forex Allocation To Manufacturers

The organised labour has asked the Federal Government for a special arrangement to make foreign exchange (forex) available to genuine manufacturers only, to enable them increase local production and stimulate the economy. President of the Association of Senior Civil Servants of Nigeria

August 17, 2021

Finance & Economy·Currency·Top Stories

Hackers Steal $600m Crypto In Daring Heist

HACKERS stole $600 million in a daring cryptocurrency heist after spotting a blockchain vulnerability, blockchain interoperability company, Poly Network has disclosed. The cybercriminals exploited a vulnerability in Poly Network, a platform that looks to connect different blockchains so that they can work

August 11, 2021

Naira Ends Week With Marginal Gain Against Dollar

Currency·News

Naira Drops In Forex Market Despite Notable Rise In Dollar Supply By 81%

Exchange rate between the naira and the U.S Dollar closed at N411.50/$1 on Friday 6th August, 2021, which represented a 0.06% drop when compared to N411.25/$1 that was reported by Prime Business Africa on Thursday 5th August 2021. According to data traced

August 9, 2021

Finance & Economy·Currency·News

Naira Weakens As Dollar Supply Drops By 18.14%

At the close of market on Thursday 5th August 2021, Naira appreciated against the US Dollar by 0.06% gain. The market closed with N411.25/1$ compared to N411.50/1$ that was recorded on Wednesday 4th, August, 2021. However, naira depreciated against the U.S dollar

August 6, 2021

Finance & Economy·Currency·News

How Free Naira Fall Triggered ‘Ban’ On BDCs

THE continuous loss of value for the Naira is the major reason Nigeria's apex bank .......

August 6, 2021

Naira Ends Week With N59.71 Gain At Official Market

Finance & Economy·Currency

Naira Gains At Official Investors Window

As the official investors and exporters windows closed on the 28th of July, the naira gained on the dollars closing N41.6/$1 representing a 0.02% appreciation compared to N411.65/$1 recorded on Tuesday, 27th July 2021. At the parallel market, naira declined significantly by

July 29, 2021

Finance & Economy·Currency·News

Naira Depreciates After CBN Stops Sale Of Forex To BDCs

Following Central Bank of Nigeria’s announcement that it has stopped sales of forex to Bureau De Change operators, Naira fell slightly against the U.S dollar at the parallel market on Tuesday. The CBN accused the parallel market of becoming a conduit for

July 28, 2021

Currency·News

Naira Exchanges For N503 Per Dollar At Parallel Market

Bureau de Change operators have said that the naira exchanged to the dollar at 503 at the parallel market on Friday. The naira was bought and sold for 502 and 503.5, according to figures obtained from naijbdcs.com, the official website for the

July 26, 2021

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Currency - Page 86

BoU Warns Sovereignty Bill Could Trigger Currency Crisis, Capital Flight

CBN Rate Cut Signals Growing Confidence in Nigeria’s Economy – FXTM

Facebook To Introduce Crypto Wallet, Novi

CBN Reads The Riot Act To Abusers Of Naira

Labour Laments Naira Fall, Seeks Special Forex Allocation To Manufacturers

Hackers Steal $600m Crypto In Daring Heist

Naira Drops In Forex Market Despite Notable Rise In Dollar Supply By 81%

Naira Weakens As Dollar Supply Drops By 18.14%

How Free Naira Fall Triggered ‘Ban’ On BDCs

Naira Gains At Official Investors Window

Naira Depreciates After CBN Stops Sale Of Forex To BDCs

Naira Exchanges For N503 Per Dollar At Parallel Market

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