Microsoft: AI’s Potential to Contribute $15.7 Trillion to Global Economy
Microsoft, a multinational technology company, recently revealed that Artificial Intelligence (AI) could potentially contribute up to USD15.7 trillion to the […]
USD
Naira Holds Strong at N1,300 Exchange Rate Against USD During Easter Holiday Trading
The Naira has held steady at an exchange rate of N1,300 against the US Dollar as the official foreign exchange
ECOWAS Infrastructure Development Fund: Driving Economic Growth with $5.2 Billion Investment
The Economic Community of West African States (ECOWAS) is facing a significant infrastructure deficit, requiring approximately 5.2 billion dollars to
Naira Appreciation Continues: Hits N1,290 per USD Amid CBN Interest Rate Hike
The Nigerian Naira’s strength against the US dollar continued to soar on Monday, reaching an impressive exchange rate of N1,290
Naira Appreciation Continues as USD Supply Drops by 30.7%
The United States Dollar supply took a significant hit, dropping by 30.7% to $199.71 million on Friday in the foreign
African Business News
Naira Surges Against USD: Gains N110 in Forex Market
The Nigerian naira has been making significant gains against the US dollar, with the official exchange rate reaching N1,382.35 per
Naira Appreciates Against USD, Hits N1,602.75: Positive Week for Foreign Exchange Market
The Naira, Nigeria’s currency, closed out the week on a high note as it continued to strengthen against the US
Naira Appreciates as USD Turnover Surges to $122.18 Million, Foreign Reserves at $34.33 Billion
The foreign exchange market in Nigeria saw a significant uptick in US dollar turnover transactions, with a 21% increase to
Naira Depreciates Against USD After Binance Halts Naira Transactions
The Naira’s value against the US dollar continued to decline in the official foreign exchange market, following the discontinuation of
USD Supply Plunges by 42% as Binance Impact Hits Nigerian Exchange Market
The foreign exchange market in Nigeria experienced a significant shift this week, with the supply of US dollars dropping by