Dollar

Naira Defies Global Trends, Appreciates 5.7% Against Dollar

The Nigerian naira staged a surprising comeback on Monday, appreciating 5.7 percent against the US dollar at the official market, despite the dollar...

CBN to sell dollar at N1,301 to authorized BDC

In its bid to increase liquidity, strengthen the naira, and curb distortion at the retail end of the FX market, the nation’s apex...

Oil prices post first quarterly loss ahead of OPEC + meeting

Global oil prices posted their first quarterly loss in two years at the end of a volatile trading week on Friday, as investors...

About $1m worth of counterfeit money from China seized at U.S port

  U.S. Customs and Border Protection officials revealed seizing $900,000 in counterfeit cash – all of it in singles. The dollar bills were discovered...

CBN injects $280.04m, CNY 28.3m into Retail SMIS

Nigerian central bank offered dealers in retail secondary market $280.04 million to meet demands in the agricultural and raw materials sectors as well...

Elections: Beware of fake dollars in Circulation, EFCC warns Nigerians

  The Economic and Financial Crimes Commission (EFCC) has raised alarm over the circulation of fake dollar notes ahead of Saturday’s presidential and...