Accueil > Africa > Nigeria > Today
Articles
-
CBN bans foreign currency collateral : Will foreign investors be wary of the Nigerian market ?
8 avril, par Suotunimi OrufaIn a move to safeguard its banking system, Nigeria’s Central Bank (CBN) has barred commercial banks from accepting foreign currency, typically US Dollars, as collateral for Naira loans. The new directive signed by Banking Supervision Director Adetona Adedeji prohibits foreign (...) -
Dollar to Naira Black Market Exchange Rate (08 April 2024)
8 avril, par Suotunimi OrufaThe Nigerian Naira strengthened against the US Dollar today, reaching its highest level since the devaluation in January. The official exchange rate closed at ₦1,245 per US dollar, according to data from the Nigerian Autonomous Foreign Exchange Market (NAFEM). Dollar to Naira Exchange Rates (...) -
10 Cheapest Destinations to Visit in Africa
8 avril, par Iniobong UmohAfrica is a vast continent with 54 countries and more than 40 officially recognized currencies blessed with rich cultures, beautiful landscapes, and mind-blowing wildlife. Here in Nigeria, we have sights like Yankari Games Reserve, Whispering Palms, Abraka Turf and Country Side, Ibom Icon (...) -
Flood Insurance in Nigeria : How It Works and Coverage
7 avril, par Iniobong UmohThe threat of climate change leads to several catastrophic disasters, one of which is flooding. Nigeria has experienced severe flooding in recent years. In 2017, the rainy season arrived with an uncontrollable frequency of flooding in some coastal and flood-prone areas of the country. Due to (...) -
Financial Planning for Young Adults : Steps to Secure Your Financial Stability
7 avril, par Iniobong UmohThe likely scenario now is that you’re a young adult in Nigeria, experiencing the dreaded economic crisis known as hyperinflation and exchange rate fluctuation. The prices of products and rendered services are increasing each day, making it harder to afford necessities and plan for a better (...)