Nigeria News Today. Your online Nigerian Newspaper : Money Market

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We did nothing wrong on Paris Club refund - Nigerian Governors We did nothing wrong on Paris Club refund - Nigerian Governors

The Nigeria Governors Forum (NGF) has dismissed reports of illegal dealings regarding the release of the first batch of the Paris Club r...

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 Naira strengthens even more, N375 to $1 Naira strengthens even more, N375 to $1

Business seems bad for Bureaux De Change (BDCs) — no thanks to the naira’s new strength that has hit them with heavy losses.

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Naira gains 12.36 % in one week Naira gains 12.36 % in one week

The Naira recorded an appreciation of 12.36 per cent at the parallel market in the last one week.

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Naira at 2017 best as foreign reserves surpass 2016 high Naira at 2017 best as foreign reserves surpass 2016 high

The Nigerian naira is currently at its best point since August 2016, while the nation’s foreign exchange reserves is at the highest point ...

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Naira consolidates strength against dollar Naira consolidates strength against dollar

The Naira on Friday in Lagos consolidated its position against the dollar at the parallel market, the News Agency of Nigeria (NAN) report...

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Naira appreciates further, hits N390/$1 Naira appreciates further, hits N390/$1

The value of the Dollar continued to diminish against the Naira as the Nigerian currency was traded at N390 on Thursday in Abuja.

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Naira continues to appreciate against dollar, now N420/$1 Naira continues to appreciate against dollar, now N420/$1

The Naira has continued to appreciate against the dollar at the parallel market, the News Agency of Nigeria (NAN) reports.

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Naira appreciates to N435/$1 Naira appreciates to N435/$1

The improving fortunes of the naira in the parallel market continued, Monday, as it appreciated to N435 per dollar due to declining dema...

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BREAKING: AMCON sells Keystone Bank BREAKING: AMCON sells Keystone Bank

Keystone Bank Limited, the last amongst the batch of banks acquired by Central Bank of Nigeria, under the leadership of Sanusi Lamido Sa...

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Naira set for further gains – CBN Naira set for further gains – CBN

The Naira is set to appreciate further in the week as the Central Bank of Nigeria plans to inject more Foreign Exchange into the market to m...

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 Naira appreciates by N13 to N445/$1 Naira appreciates by N13 to N445/$1

The naira yesterday recorded its biggest appreciation against the dollar in the parallel market in three weeks, gaining N13 to close at ...

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Finance Minister wants BVN for micro-finance banks account holders Finance Minister wants BVN for micro-finance banks account holders

The Minister of Finance, Mrs Kemi Adeosun, has urged the Central Bank of Nigeria to extend Bank Verification Number requirement to account...

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Nigeria’s reserves hit $30 billion Nigeria’s reserves hit $30 billion

For the second time since President Muhammadu Buhari assumed office in May 2015, the nation’s foreign reserves have hit the 30 billion dol...

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NCC, CBN prevail on banks against take-over of Etisalat NCC, CBN prevail on banks against take-over of Etisalat

Reprieve appears to have come the way of embattled telecoms operator, Etisalat Nigeria, which three Nigerian banks, Wednesday, got appro...

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Three Nigerian banks take-over Etisalat Nigeria Three Nigerian banks take-over Etisalat Nigeria

Three Nigerian banks and their foreign affiliates, yesterday, took over Etisalat Nigeria for allegedly failing to repay a loan of over N...

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Naira depreciates to N465/$1 Naira depreciates to N465/$1

The Naira yesterday depreciated sharply to N465 per dollar in the parallel market due to upsurge in demand for dollars importers travell...

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GT Bank declares N165.14bn profit in 2016 GT Bank declares N165.14bn profit in 2016

Guaranty Trust Bank on Wednesday posted a profit before tax of N165. 14 billion for the financial year ended December. 31, 2016.

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Naira to float in 3-year economic recovery plan Naira to float in 3-year economic recovery plan

A market-driven exchange rate regime is in the works, going by the Federal Government’s economic plan released yesterday.

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CBN pumps fresh $367m into forex market CBN pumps fresh $367m into forex market

The Central Bank of Nigeria (CBN) on Monday pumped another $367,134,329.93 into the foreign exchange market.

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Why Naira is appreciating - CBN Why Naira is appreciating - CBN

The Central Bank of Nigeria (CBN) said yesterday that the currency’s appreciation against others was the result of its market monitorin...

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