Nestlé Nigeria Plc's recent report shows a revenue growth of 43.4% to N183.5 billion in the first quarter of 2024.The Company's unaudited Q1 results for the period ended March 31, 2024, were released...
It was reported that the Naira declined in the Nigerian Autonomous Foreign Exchange Market (NAFEM). As of yesterday, Nigeria's official exchange rate window closed at N1,035.12/$ compared to Tuesday w...
The Central Bank of Nigeria (CBN) has revealed that Nigeria recorded $11.11 billion in aggregate foreign exchange inflow in July and August. According to figures obtained from the CBN’s August ...
Nestle Nigeria recently released its foreign exchange for the first nine months of 2023, and it shows that the firm recorded a loss of N127.46 billion, far from the corresponding year that settled at ...
The Association of Bureaux De Change Operators of Nigeria (ABCON) has urged the Federal Government to halt the activities of Binance within the nation. This call comes after the association recognized...
The Central Bank of Nigeria (CBN) has recently released a list of approved Bureau de Change (BDC) dealers, leaving the Nigerian financial space buzzing with curiosity. In this fresh list, the total nu...
As per a recent development within the Nigerian financial landscape, commercial banks have taken the initiative to update their customers on the recent changes in the country's foreign exchange policy...
Airtel Africa Plc has expressed optimism regarding the recent changes in Nigeria's foreign exchange market, stating that these modifications will alleviate the challenges faced in accessing US dollars...
A circular was passed last Wednesday and it said that all the segments of the Nigerian Forex Market windows be collapsed into a single window. The Central Bank of Nigeria said that this is part of the...
Moving towards enhancing the efficiency and transparency of the foreign exchange (FX) market, the Central Bank of Nigeria (CBN) issued a press statement on June 18, 2023. This statement serves as comp...