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…
Reason Behind Naira Scarcity— CBN
The Central Bank of Nigeria has revealed why the Nigeria currency is scarce in recent days. CBN’s Director of Consumer Protection, Mrs Rashida Mongunu made the revelation on Thursday while…
Why We Sued Buhari Over Naira Redesign— El-Rufai
Governor Nasir El-Rufai of Kaduna State has disclosed why President Muhammadu Buhari was sued by some governors of the All Progressives Congress concerning naira redesign. According to El-Rufai, the APC…
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 as of April 2024. Cardoso stated that…
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…