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Experience convenience with FirstBank debit cards…Introducing the contactless naira MasterCard

by Richard Ubah | May 22, 2018 | What The Papers Say | 0 comments

Nairametrics Did you know that First Bank of Nigeria Limited has an array of debit cards specially designed for your convenience and ease of banking? These cards are acceptable nationwide and globally; they can be used to withdraw cash and access other value added...

Naira Depreciation: These Companies Have Made A Combined N185 billion In 6 Months

by Richard Ubah | Aug 29, 2016 | What The Papers Say | 0 comments

The latest string of results recently released by companies quoted on the Nigerian Stock Exchange provided us with a stark reminder of just how poor economic decisions can favor the very few to the detriment of many.   Since the fall of the price of Crude triggered a...
Naira Is Now At An All Time Low of N410/$1 And This Is Who Is To Blame

Naira Is Now At An All Time Low of N410/$1 And This Is Who Is To Blame

by Ayo Ogunde | Aug 26, 2016 | What The Papers Say | 0 comments

The unofficial exchange rate between the Naira and the Dollar hit an all time low of N409/$ 1 as scarcity swept through the retail end of the black market. The exchange rate sold for as high as N410/$ 1 in some markets outside lagos according to independent survey by...
Naira closes at N326/$ as scarcity of forex bites harder

Naira closes at N326/$ as scarcity of forex bites harder

by Yusuf Ibrahim | Feb 13, 2016 | Business | 0 comments

Naira closes at N326/$ as scarcity of forex bites harder The naira on Thursday depreciated the most against the dollar as scarcity of foreign exchange (FX) persists in the markets, according to BusinessDay investigations. The naira weakened by N14 or 4.49 percent...
Naira drops at inter-bank market as lenders fund accounts for dollar sales

Naira drops at inter-bank market as lenders fund accounts for dollar sales

by Ayo Ogunde | Feb 3, 2016 | Business | 0 comments

The nation’s currency, the naira on Tuesday weakened against the US dollar at the inter-bank foreign exchange market, after the Central Bank of Nigeria (CBN) asked banks to fund their accounts in order to participate on forex intervention at the market. Naira lost...
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