Naira Weakens Further, Hits N1,538/$ in Parallel Market
Naira slips by N3 in parallel market, trading weaker at N1,538/$ Official rate at Nigerian Foreign Exchange Market drops slightly to N1,503.5/$ Weekly performance shows gain at official window but…
CBN Reforms, Weak Dollar Push Naira to Strongest Level Since March
• Nigerian naira closes at N1,500.91 per USD, marking its best performance since March 5, 2025 • Central Bank of Nigeria’s monetary reforms restore market confidence and improve dollar liquidity…
Naira Records Slight Appreciation Against Dollar at Official Market
The naira strengthened marginally to N1,534.52 against the dollar at the official market on Thursday. Day-to-day gain recorded at 0.3 from Wednesday’s N1,534.83. Black market rate remained unchanged at N1,565…
Urhobo Christian Crested Arabic Inscription on Army Logo, MURIC Reveals
The Muslim Rights Concern (MURIC) has come forward with facts that a Christian, General David Akpode Ejoor (rtd) was behind Arabic inscription crested on the Nigerian Army logo. This is…
Council of State Asks CBN To Print More New Naira Notes
Members of the Council of State have asked the Central Bank of Nigeria to make the new 200, 500, and 1000 naira notes available. The house stated this in a…
BREAKING: Supreme Court Insists On Hearing Naira Suit
The Supreme Court says it must hear the suit concerning naira policy on Wednesday, February 22. At Wednesday’s proceeding, counsel for Lagos State, Moyosore Onigbanjo prayed to the court to…
Dollar to Naira Exchange Rate: Black Market Traders Sell at N1570
The dollar to naira exchange rate at the black market, also known as the parallel market, stands at N1570 for selling and N1560 for buying, according to sources at Bureau…
US Dollar vs NIG Naira: The Real Issues
By Dr Oni Gbolabo Appreciation and depreciation of currency is not related to race or color or who is the president be it Hausa Igbo or Yoruba. It is basically…
Money Bouquets Now Form Of Naira Abuse — CBN
The Central Bank of Nigeria (CBN) has listed money bouquets as a form of naira abuse. The apex bank made this known in a tweet on Friday. It was informing…
BREAKING: Again, S’Court Adjourns Naira Suit
The Supreme Court, for the second time, adjourned the naira redesign suit for judgement after the resumption of the hearing on Wednesday. The Supreme Court on Wednesday fixed 3 March…