Search Results for "currency"
152 results found
Naira to Dollar exchange rate today, Wednesday, July 8, 2026

…and parallel market rates remains evident, reflecting continued demand for foreign currency outside the formal banking system. However, the gap has reduced compared with previous months as ongoing foreign exchange reforms continue to influence market activity. The Central Bank of Nigeria (CBN) has sustained measures ai…

Business by nigerianewsfeed · 3 mons ago · 0 comments · 38 views
The 'first' AI-run ransomware attack still needed a human

…the Langflow host for anything valuable - provider API keys, cloud credentials, cryptocurrency wallets, and database configs - and those provider keys were part of the loot," he said via email. "They are indicative of what the attacker considered worth taking, but they do not tell us which model was making the decision…

Entertainment by nigerianewsfeed · 3 mons ago · 0 comments · 37 views
Naira closes at N1,368.26 per dollar, extends gains

…market. Data published on the Central Bank of Nigeria's official website showed the currency closed at N1,368.26 per dollar on Monday. The latest performance represented a 0.14 per cent appreciation compared with Friday's official closing rate of N1,370.19 per dollar. The gain, though modest, extended the domestic curr…

Business by nigerianewsfeed · 3 mons ago · 0 comments · 34 views
The Miami startup building blockchain settlement rails for African governments

…currencies, whether through CBDCs or other regulated digital settlement systems. Digital currency infrastructure would allow African economies to settle transactions directly with one another instead of routing payments through Europe or the United States. It could also increase remittance inflows and create direct tra…

Business by nigerianewsfeed · 3 mons ago · 0 comments · 41 views
National Security: Beyond the Headlines

…Their efforts to combat illicit trade, irregular migration, wildlife trafficking, currency smuggling, and transnational organised crime strengthen both national security and economic stability. The briefing also reminds us that security extends well beyond the battlefield. The National Drug Law Enforcement Agency's dis…

Crime by nigerianewsfeed · 3 mons ago · 0 comments · 39 views
Beyond akara leadership

…cannot impose harsh economic reforms, preside over rising inflation, insecurity, currency instability, multiple taxation, poor electricity, collapsing purchasing power, and then tell citizens to go and trade by the roadside as if hardship is merely a motivational challenge. To suggest roadside businesses as a national…

Politics by nigerianewsfeed · 3 mons ago · 0 comments · 38 views
While Hyperliquid Faces a Brutal Unlock & Chainlink Whales Pile In, BlockDAG Exchange Goes Live: $1,000 Credit, 14-Day Countdown

…entry price and a 14-day countdown running, it looks like the next most popular cryptocurrency. Hyperliquid Crypto: A Strong Model Meets a Big Unlock Hyperliquid crypto has earned its name with real numbers and is trading around $67 now. It runs on its own blockchain, can handle up to 200,000 orders per second, and mad…

Investment by nigerianewsfeed · 3 mons ago · 0 comments · 43 views
Alaa Hamadto on building through uncertainty and believing in Sudan again

…factory was destroyed, I think every day I don’t know if the business will survive. Our currency continues to lose its value. Doing business in Sudan is crazy because of operational costs, inflation, and double taxation. So every day, I’m stressed month by month, worrying about where to secure the next salary for my st…

Business by nigerianewsfeed · 3 mons ago · 0 comments · 39 views
Dollar to Naira exchange rate today, July 2, 2026

…exchange inflows, import demand, external reserves and overall market sentiment. For currency conversions, the prevailing official rate implies that: $1 = approximately ₦1,374.18 $10 = approximately ₦13,741.80 $100 = approximately ₦137,418 $1,000 = approximately ₦1,374,180 Exchange rates in the parallel market may vary…

Business by nigerianewsfeed · 4 mons ago · 0 comments · 35 views
Trump earned over $1bn from crypto ventures in 2025 - Report

US President Donald Trump recorded around $1.2 billion in income from his cryptocurrency activities in 2025, according to documents released on Tuesday by the US Office of Government Ethics. A 1978 law requires the president and vice president of the United States to declare their income as well as their assets. Accord…

Investment by nigerianewsfeed · 4 mons ago · 0 comments · 41 views
Firms risk losing global capital without sustainability reports, FRC warns

…as the Financial Reporting Council of Nigeria says transparency has become the new currency for investment, competitiveness and access to finance. This was as the council warned Nigerian companies that fail to embrace sustainability reporting risk losing access to international capital, export markets and strategic par…

Business by nigerianewsfeed · 4 mons ago · 0 comments · 70 views
Paga turns to tokenised investments in latest infrastructure push

…infrastructure for embedding yield-bearing tokenised assets, including stablecoins (currency), real estate (property), and gold (commodity). Paga could also become a distribution channel for TBook’s embedded investment products across the more than 300 businesses using Paga Engine, allowing those businesses to embed to…

Business by nigerianewsfeed · 4 mons ago · 0 comments · 40 views
Apple just raised prices: See which devices cost more now

…devices are sold through authorised resellers like iStore, and local prices depend on currency exchange rates, import duties, and reseller margins, in addition to Apple’s own pricing. This means prices in these markets could rise eventually, but the change will likely take time to show up, layered on top of the usual c…

Politics by nigerianewsfeed · 4 mons ago · 0 comments · 37 views
BREAKING: CBN orders banks to freeze assets of six individuals, four BDCs linked to terrorism financing

…and BDCs designated as owned or controlled by the listed individuals are: Generation Currency Bureau De Change Limited Manhattan Bureau De Change Limited Nine to Nine Exchange Bureau De Change Limited Abbal Bako & Sons Bureau De Change Limited The CBN directed financial institutions to "identify and immediately freeze,…

Business by nigerianewsfeed · 4 mons ago · 0 comments · 48 views
Dollar to Naira Exchange Rate Today, June 18, 2026: Nigerian Naira appreciates after four days of decline

…the dollar, compared to N1,370.46 traded on Friday last week. This means that Nigerian currency slightly gained against the dollar when compared N1,370.46 was exchanged last weekend. Meanwhile, at the black market, the Naira remained at N1,400 per dollar, the same rate traded last week. This comes as the country’s fore…

Business by nigerianewsfeed · 4 mons ago · 0 comments · 40 views
Ohanaeze rejects Peter Obi's call for Tinubu's resignation

…that such indicators, if sustained, may strengthen macroeconomic stability, support currency performance, and enhance investor confidence. “Ohanaeze recognizes relative improvements in security conditions across parts of the Southeast, resulting in increased commercial activity, social reintegration, and the gradual re…

Politics by nigerianewsfeed · 4 mons ago · 0 comments · 43 views
6 out of 7: How APC swept Ekiti gov, 5 bye-elections, lost Rivers to PDP

…dawn of a new era where consensus building, peace and harmony have become the trading currency of political engagements." Calling June 20 the "day of reckoning for critics," the governor said the results validated his performance. "Ekiti people are politically enlightened. If, in their wisdom, they have decided to re-e…

Politics by nigerianewsfeed · 4 mons ago · 0 comments · 50 views
Finance experts urge CBN to mandate annual reporting for fintechs, MFBs

…of money, they move it to a bank they trust," he said. He also revealed that foreign currency-to-naira conversions appear to be rising, citing feedback from a Tier-1 bank that reportedly processes about $200 million worth of conversions weekly. According to him, the trend suggests increasing confidence in naira-denomin…

Business by nigerianewsfeedofficial · 4 mons ago · 0 comments · 36 views
Aftermath presidential primaries: As the season of election promises beckons...

…when he took office, and that economic growth had been disrupted by recession, currency pressures, and the COVID-19 pandemic. By 2019, with the same administration seeking a second term, the slogan had become "Next Level." Buhari's campaign pointed to progress on infrastructure, the N-Power scheme, and incremental secu…

Politics by nigerianewsfeedofficial · 4 mons ago · 0 comments · 52 views
Currency volatility, compliance checks key concerns for Citizenship by Investment applicants - Expert

"Currency volatility is certainly something we contend with in this industry. However, many of our clients have a global outlook, and their income is not necessarily domiciled in Nigeria. Some fund their applications directly from foreign bank accounts," she said. She added that Nigerian banks have proven more efficien…

Business by nigerianewsfeedofficial · 4 mons ago · 0 comments · 52 views
Nigerians are bothered by the hypocrisy of the so-called federal reforms

…the old ivory-tower debate: What constitutes national security? This question gained currency during the Ibrahim Babangida regime. Defense experts and intellectuals have long submitted that national security is not the security of the president; it is the security of Nigerians. It is not measured by the armaments a gov…

Politics by nigerianewsfeedofficial · 4 mons ago · 0 comments · 49 views
Digital Nomads: Alma Asinobi learned to build mobility by confronting her own immobility

…and also growing her personal brand as a travel content creator. Earnings in foreign currency from her role at Kwara also allowed her to save and build her travel fund without the fluctuations common to the Naira. In December 2022, she returned to Nigeria and realised that the demand for travel information from her tra…

Business by nigerianewsfeedofficial · 4 mons ago · 0 comments · 47 views
CBN's mandatory local hosting will cut Nigerian banks, funechs' forex exposure - ALTON

"Organisations hosting data locally would pay in local currency rather than foreign exchange," he said "This would help reduce exposure to exchange rate pressures and lower long-term operating costs," he added. Beyond the financial argument, Adebayo framed local hosting as a matter of national data sovereignty, which h…

Business by nigerianewsfeedofficial · 4 mons ago · 0 comments · 42 views
Kenyan cross-border fintech WapiPay enters Canada with money services licence

…newly established subsidiary, while also providing regulatory approval to handle virtual currency and digital asset transactions. The approval gives the Nairobi-founded company its first regulated operational hub in North America, extending a payments network that already includes Africa, Asia, the UK and the Caribbean…

Investment by nigerianewsfeedofficial · 4 mons ago · 0 comments · 49 views
Dollar to Naira exchange rate today, June 18, 2026: Nigerian Naira records highest depreciation

…the dollar, down from N1,363.30 exchanged on Thursday. This means that the Nigerian currency dropped N7.2 against the dollar at the official foreign exchange market. DAILY POST reports that the Friday decline is the highest in the week ending. Meanwhile, at the black market, the naira remained flat at N1,395 per dollar…

Business by nigerianewsfeedofficial · 4 mons ago · 0 comments · 31 views
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