Trojan News :: Real Time News

Business/Economy

How Ex-President Buhari Sold Nigeria’s Future – Gov Mutfwang

GOVERNOR of Plateau State, Caleb Mutfwang, on Monday, accused former President Muhammadu Buhari of being responsible for the current economic hardship being faced by Nigerians. Mutfwang specifically said that “we sold our future under the last administration.” The governor spoke…

CBN Slashes Customs Rate By 5.3% 

THE Nigerian Customs Service (NCS) has reviewed its foreign exchange (FX) rate for customs duties collection by 5.3 per cent to N1,544.081 per US dollar amid the continued Naira appreciation at the foreign exchange market. Trojan News gathered that the…

Business/Economy

Transcorp Power lists 7.5bn shares on NGX

Transcorp Power PLC, a subsidiary of Transnational Corporation PLC (Transcorp Group), on Monday listed 7.5 billion ordinary shares at N240 per share of 50k each on the main board of the Nigerian Exchange Ltd. (NGX). The listing brings the company…

Naira Depreciates To N1,620/$ At Parallel Market

THE Nigerian Naira saw a depreciation in value against the dollar at the parallel section of the foreign exchange market on Monday, sliding to N1,620/$, a decrease of N20 or 1.25 percent from its March 1, 2024, rate of N1,600….

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 5th March 2024

WHAT is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to Naira exchange rate for 4th March, below. You can swap your dollar for Naira…

CBN Sells N1 Trillion Fed Govt Securities

THE Central Bank of Nigeria (CBN) has said it successfully concluded a sale of government securities, issuing 1.053 trillion ($680 million) in short-term instruments. The apex bank made this known in a statement on Monday by its acting Director, Corporate…

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 4th March 2024

WHAT is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to Naira exchange rate for 3rd March, below. You can swap your dollar for Naira…

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 3rd March 2024

WHAT is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to Naira exchange rate for 2nd March, below. You can swap your dollar for Naira…

Top 10 Strongest Currencies In The World

A currency becomes strong if a country’s exchange rate is appreciating as a result of internal policies and other economic reforms. In the world today, 180 currencies are officially recognized by the United Nations (UN) as legal tender. Determining the…

CBN Wields The Hammer, Revokes Operational Licences Of 4,173 BDCs

THE Central Bank of Nigeria (CBN) has revoked the licences of 4,173 Bureaux De Change Operators. The CBN  action was in exercise of the powers conferred on it under the Bank and Other Financial Institutions Act (BOFIA) 2020, Act No….