NDIC begins paying depositors of 46 closed microfinance banks
“Payments are ongoing, and over 700,000 Heritage Bank customers have already received their insured funds through BVN-linked accounts.
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Naira Exchange Rates Thursday, August 5
BLACK MARKET RATES US DOLLAR (USD) Buy ₦1,420 Sell ₦1,425 GREAT BRITISH POUND (GBP) Buy ₦1,900 Sell: ₦1,915 EURO (EUR) Buy ₦1,585 Sell ₦1,600 CANADIAN DOLLAR (CAD) Buy ₦1,020 Sell ₦1,080 SOUTH AFRICAN RAND (ZAR) Buy ₦75 Sell ₦90 UAE DIRHAM Buy ₦350 Sell ₦370 CHINESE YUAN Buy ₦190 Sell ₦205 GHANA CEDI (GHS) Buy…
Customs recruit 3,852 for nationwide manpower
The successful candidates were recruited into the Superintendent, Inspectorate and Customs Assistant cadres, with all 36 states and the Federal Capital Territory represented.
Data breach: Zenith Bank says customers’ fund,account safe
The bank warned customers to ignore suspicious emails, text messages, and phone calls requesting sensitive banking information.
Naira Exchange Rates Wednesday, August 5
Nigerian commercial banks publish their own foreign exchange rates which may differ slightly from the Central Bank of Nigeria (CBN) official rate. These rates — covering the US Dollar (USD), British Pound (GBP), Euro (EUR), and South African Rand (ZAR) — are what you will pay or receive when buying or selling foreign currency through a branch or a Naira debit/credit card used abroad.
CPPE Calls for Reform of Nigeria’s DFIs, Cites Structural Weaknesses
The Central Bank of Nigeria should function primarily as a catalyst, refinancer and risk-sharing institution, while Development Finance Institutions and participating financial institutions handle credit appraisal, lending and loan recovery
Naira Exchange Rates Tuesday, August 4
BLACK MARKET RATES US DOLLAR (USD) Buy ₦1,410 Sell ₦1,420 GREAT BRITISH POUND (GBP) Buy ₦1, 890 Sell: ₦1,910 EURO (EUR) Buy ₦1,590 Sell ₦1,610 CANADIAN DOLLAR (CAD) Buy ₦1,020 Sell ₦1,080 SOUTH AFRICAN RAND (ZAR) Buy ₦75 Sell ₦90 UAE DIRHAM Buy ₦350 Sell ₦370 CHINESE YUAN Buy ₦190 Sell ₦205 GHANA CEDI (GHS)…
NPA introduces movement code for empty containers to ease traffic at Lagos ports
Truck drivers are required to obtain the code from designated holding bays before proceeding to the ports.
Naira Exchange Rates Thursday, July 30 : Black Market, CBN, Commercial Bank
BLACK MARKET RATES US DOLLAR (USD) Buy ₦1,407 Sell ₦1,415 GREAT BRITISH POUND (GBP) Buy ₦1,900 Sell: ₦1,925 EURO (EUR) Buy ₦1,590 Sell ₦1,610 CANADIAN DOLLAR (CAD) Buy ₦1,020 Sell ₦1,080 SOUTH AFRICAN RAND (ZAR) Buy ₦75 Sell ₦90 UAE DIRHAM Buy ₦350 Sell ₦370 CHINESE YUAN Buy ₦190 Sell ₦205 GHANA CEDI (GHS) Buy…
New ECOWAS Chair Visits Mali
The visit to Bamako, coming against the backdrop of deepening divisions between ECOWAS and the military-led governments of Mali, Burkina Faso and Niger, has sparked fresh optimism that dialogue may replace confrontation in efforts to restore regional unity after months of political estrangement.