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Dollar vs. Naira in the last 7 days

Sat 3 Feb, 2024 . 💵 1 USD ⇛ ₦1,454.615 💷 1 GBP ⇛ ₦1,833.831 💶 1 EUR ⇛ ₦1,558.098 💶 1 CAD ⇛ ₦1,037.699 Fri 2 Feb, 2024 . 💵 1 USD ⇛ ₦1,433.244 💷 1 GBP ⇛ ₦1,796.346…

PRICES TO INCREASE AS FG RAISES EXCHANGE RATE FOR CARGO CLEARANCE TO N1.356 PER DOLLAR

The Bola Tinubu-led federal government, through the Central Bank of Nigeria (CBN), has increased the exchange rate for cargo clearance from N952 per dollar to N1.356 per dollar. This adjustment follows recent increases in the exchange rate for cargo clearance,…

US Confirms $1 Billion Viper Attack Helicopter Sale to Nigeria

The US Department of Defense (DoD) has confirmed the sale of 12 AH-1Z Viper attack helicopters to Nigeria. A $7.7-million contract was also awarded to Northrop Grumman in December to provide 32 mission computers for the Bell helicopters. The contract…

NIN: Nigerian govt announces distribution of computers to boost enrollment nationwide

The federal government, through the National Identity Management Commission, has announced the distribution of more computer systems to boost enrollment of National Identification Number. Kayode Adegoke, Head of Corporate Communications, NIMC, in a statement on Wednesday, said the NIMC DG/CEO…

Emirates Airlines Set to Return as CBN Confirms Payment of $137m to British Airways, Other Airlines

CBN pays a total of $136.73 million to foreign airlines The Central Bank of Nigeria (CBN) said it has concluded the payment of all verified FX claims by foreign airlines with an additional $64.44 million payment to the affected airlines….

FG workers to start receiving January salary -AGF

Some Nigerian civil servants have complained about the “inexplicable’’ delay in payment of the January salaries despite improved government revenue. The civil servants spoke in separate interviews with the News Agency of Nigeria on Thursday in Abuja. As of Tuesday,…

Information minister Idris begs Nigerians to be patient with Tinubu, says 7 months not enough to fix Nigeria

The Minister of Information and National Orientation, Mohammed Idris Malagi, has called on Nigerians to be patient with the reforms of President Bola Tinubu. The minister said President Tinubu is just seven months old in office, and the dividends of…

LAYI WASABI: A virtuoso, Comedic alchemist. A master of his trade.

By:Bíńtín L’ayé Àgbàntara Layiwasabi’s comedy is a rich tapestry woven with threads of nostalgia, intellect, and cultural insight. Through his performances, he invites audiences to journey back to the vibrant landscape of 80s Nigeria, where life was simpler yet filled…

JUST IN : CBN Orders Banks To Sell Excess Dollars

In a new circular released on Wednesday, the apex bank also warned lenders against hoarding excess foreign currencies for profit. The Central Bank of Nigeria (CBN) has ordered Deposit Money Banks (DMBs) to sell their excess dollar stock latest February…

JUST IN: Nigerian government to delay all workers salaries for January, gives reason

The Nigerian government will be delaying January salaries for all federal civil servants. A memo issued by the management of the National Mathematical Center, Abuja on Wednesday, January 31, 2024, confirmed the development, saying, the payment of salaries to Federal…