Exchange Rate Crashes To N983 Per $1 | MarvelTvUpdates
The exchange rate between the Nigerian naira and the US dollar has reached a record low of N983/$1 in the black market, according to quotes received by Nairametrics on Wednesday…..
Category: Banking
President Bola Tinubu Nominates Cardoso As CBN Governor, Names 4 Deputies | MarvelTvUpdates
President Bola Tinubu on Friday approved the nomination of Dr. Olayemi Cardoso as the new Governor of the Central Bank of Nigeria for a term of five years at the….
No More Borrowing To Finance Nigerian Economy – Minister Of Finance, Wale Edun Claims | MarvelTvUpdates
The Minister said Federal Government has no intention to borrow from any local or foreign organisation with its removal of subsidy on petrol and exchange rate harmonisation. The Minister of….
Fraudsters Hack BVN, Phone Number To Create Multiple Pseudo Accounts | MarvelTvUpdates
Security agents have called on Nigerians to be weary of fraudsters, who now harvest innocent victims Bank Verification Number (BVN), to create multiple pseudo-accounts to commit frauds. The fraudsters, who….
External Reserves Fall By $915m After Naira Floats | MarvelTvUpdates
Nigeria’s external reserves dropped by $915m after the Central Bank of Nigeria officially floated the naira and liberalised the foreign exchange market. CBN data obtained on Sunday showed that the….
Naira Crumbles To 920/$, Fuel Marketers Push For Fresh Price Hike | MarvelTvUpdates
Oil marketers, on Thursday, insisted on a possible hike in the pump price of petrol, following a further plunge in the value of the naira against the United States dollar…..
After President Bola Tinubu, CBN Governor’s Meeting, Dollar Crashes To N790 At Parallel Market | MarvelTvUpdates
The dollar has crashed to between N805 to N790 at the parallel exchange market on Tuesday Daily Trust can authoritatively report. It started a steady decline from N925 to N930….
[VIDEO]: Central Bank Of Nigeria Moves To Stabilise Naira | MarvelTvUpdates
The Central Bank of Nigeria has said it is set to take new measures to stabilize the naira against the dollar. Acting Governor of the CBN, Folasodun Sonubi disclosed this….
CBN Releases Financial Statements Of 7 Years Amid Investigation | MarvelTvUpdates
The Central Bank of Nigeria has released the Consolidated Financial Statements for the last seven years, making it the first time since 2015 that the apex bank will be making….
Why Naira Continues To Fall – CBN Reveals | MarvelTvUpdates
The Central Bank of Nigeria (CBN), on Thursday, attributed the continuous fall of the Naira against dollars to present unofficial diaspora remittances. The acting governor of the apex bank, Folashodun….