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• Naira Exchange Rates: Conversion of United States Dollar (USD), British Pound Sterling (GBP), and European Euro (EUR) to Nigerian Naira (NGN) at CBN Rates (NFEM) - Nigeria Currency Converter Calculator

• CBN Updates Official Naira Exchange Rates for August 3, 2026 on Monday

• Central Bank of Nigeria has further raised its interest rate to 27.25 percent from 26.75 percent

• CBN begins the enforcement of cybercrime levy at 0.005 percent on all electronic transactions

• CBN directs all PoS providers to route transactions through an approved payment terminal

• CBN has given next-of-kins the authority to access funds in dormant accounts of their loved ones

• Central Bank of Nigeria has increased the benchmark lending rate to 26.75 per cent

• Central Bank of Nigeria has directed all Banks to deposit their excess foreign currency notes with its branches

• Many unregistered loan apps have continued operation through APK amid the ongoing clampdown by FCCPC

• Court has granted FG order of interim forfeiture of Godwin Emefiele's properties valued at N11,140,000,000

• CBN has lifted the restriction imposed on OPay, Moniepoint and other Fintech companies

• CBN announces revocation of operating license of Heritage Bank Limited with immediate effect

• CBN has raised the interest rate by 150 basis points from 24.75 per cent to 26. 25 per cent

• Central Bank of Nigeria has directed banks to charge 0.5 percent cybersecurity levy on transactions

• CBN has stopped mobile money operators like OPay, Palmpay, Kuda Bank, and Moniepoint from onboarding new customers

• Investors have lost over N3 trillion in just one month as CBN had increased the monetary policy rate (MPR)

• CBN has spent $581 million on forex interventions at the Nigeria Autonomous Foreign Exchange Market - FMDQ

• CBN has reduced deposit money banks’ Loan-to-Deposit Ratio, LDR, to 50 per cent from 65 per cent to boost lending capacity

• Former CBN Governor, Godwin Emefiele, has been granted bail by the Court after meeting the stipulated conditions

• Central Bank of Nigeria has banned the use of foreign currency-denominated collaterals for naira loans

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Top Ten Trends and Articles This Week:

  • • Naira Exchange Rates: Conversion of United States Dollar (USD), British Pound Sterling (GBP), and European Euro (EUR) to Nigerian Naira (NGN) at CBN Rates (NFEM) - Nigeria Currency Converter Calculator
  • • Nigeria to Regulated Online Forex Trading Platforms; Securities & Exchange Commission (SEC) Proposes New Framework
  • • Finding the Genotype of an Unborn Baby: A Nigerian consultant foetal medicine says it is important for pregnant women to go for early detection of genetic disorders - Health Article
  • • Rapper Curtis James Jackson AKA 50 Cent to Earn $500000 for a Gig
  • • Tupac Shakur's Death: Former Gang Leader Duane “Keffe D” Davis Found Guilty of First-Degree Murder After Nearly 30 Years
  • • Three lives lost and many injured after gunman attacked new restaurant in Idaho, United States
  • • Meta Agrees to Pay up to $18 Billion in Settlement Over Alleged Harm to Young Social-Media Users, Denies Wrongdoing
  • • Ghent University Suspends Jason Arday’s Plagiarism Accuser, Nathan Cofnas
  • • Spain Crowned FIFA World Cup 2026 Champions After Historic Victory Over Argentina - Moments include emotional embrace Messi and Lamine, Spain's trophy presentation, and star-studded entertainments
  • • U.S. authorities extradite two Nigerian fraudsters in alleged sextortion cases that led to death of minors
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