Naira
Naira Strengthens Slightly to N1,598.72/$ Amid Renewed Forex Stability Hopes
The Naira appreciated slightly against the U.S. Dollar, closing the week at N1,598.72/$1, up by 60 kobo from Thursday’s N1,599.32 rate, according to...
Olaitan Sodiq
Man Bags 4 Years Imprisonment For Refusing Naira, Selling In Dollars
A man has been sentenced to jail for refusing to accept the legal tender of Nigeria. The accused was said to have sold...
Demilade Bakare
Naira Appreciates to N1,500 Per Dollar at Black Market
The Naira has continued to appreciate against the dollar at the parallel foreign exchange market. On Thursday, the Naira strengthened to N1,500 against...
Olaitan Sodiq
Naira Gains Against Dollar in Parallel Market Amid CBN Reforms
The Nigerian naira has gained against the US dollar in the parallel market, trading at an average rate of N1,515 on Wednesday. The...
Olaitan Sodiq
Naira Gains Despite 32% Drop in FX Market Turnover
Nigeria’s foreign exchange market turnover declined by 32.28% in December 2024, falling to $9.74bn from $14.39bn in November. The decline was attributed to...
Olaitan Sodiq
Senate Summons Emefiele as Dollar Hits N700
The Senate on Wednesday, summoned the governor of the Central Bank of Nigeria, Godwin Emefiele, over the depreciation of the naira. The senators...
Tare Magbei
Naira Plummets to Third Worst Performing Currency Globally
The naira has now been classified as the third worst-performing currency in the world, following a staggering 70% depreciation against the dollar this...
Olaitan Sodiq
Naira Declared Best Performing Currency Globally
The governor of the Central Bank of Nigeria (CBN), Yemi Cardoso has announced that the Naira has been declared the best-performing currency globally...
Tapre Timine
Presidency Denies Claims Saying Tinubu Advised Buhari To Print Naira
The Presidency has denied claims that President Bola Tinubu advised former President Muhammadu Buhari to print Naira in 2020. According to Bayo Onanuga,...
Tapre Timine
