The federal government has promised to distribute funds to over 2 million of Nigerian households under the Conditional Cash Transfer (CCT) programme.
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Otedola’s wealth grows by $100 million to $1.7 billion amid naira’s recovery
Femi Otedola, the Nigerian billionaire businessman, has seen his net worth skyrocket to $1.7 billion from $1.6 billion in 2025 as the Nigerian currency recovers.
N1,500/$: CBN releases latest naira to dollar, pound, euro, other currencies exchange rates
The value of the Naira has improved against the United States Dollar in the unofficial foreign exchange market but remained unchanged in the official FX market.
Dollar bounces back, appreciates against naira in official market
The Central Bank of Nigeria has released the latest exchange rates for the Naira against other currencies as the value of the Dollar appreciates in the NAFEM window.
Cash crunch: Nigerian banks borrow record N1.2 trillion from CBN in a single day
Due to a lack of cash in the financial system, Nigerian banks have taken a record N1.2 trillion loan from the CBN to keep their operations running.
Dollar crashes massively against naira, traders now sell at new exchange rate
The Nigerian currency improved against the United States dollar in the foreign exchange market following policies introduced by the Central Bank of Nigeria.
New exchange rate to clear goods at ports as customs enforces 4% FOB charge
The Central Bank of Nigeria (CBN) has increased the exchange rate for clearing goods at the nation's ports as Nigeria Customs begins implementing a 4% charge.
Dollar crashes again, official, black market exchange rate gap now N30
The value of the dollar has once again crashed in the black foreign exchange market, as the gap between the official and black market rates is now only N31
Updated: Meet Pastor Jerry Eze, the digital evangelist who has earned over N8bn from YouTube
Nigerian preacher, Pastor Jerry Eze, is making close to N1 billion on his YouTube channel, where he conducts daily prayers and gives updates about his church.
CBN announces transaction limit for bureau de change operators as dollar crashes
The Central Bank of Nigeria has set a transaction limit for Bureau de Change operators, allowing them to purchase up to $25,000 weekly from Authorised Dealer Banks.
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