Dollar – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Tue, 27 Jan 2026 23:20:25 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png Dollar – InfoStride News https://www.theinfostride.com 32 32 Naira Strengthens Against Dollar, Closes Week at ₦1,534.72 https://www.theinfostride.com/naira-strengthens-against-dollar-closes-week-at-%e2%82%a61534-72/ https://www.theinfostride.com/naira-strengthens-against-dollar-closes-week-at-%e2%82%a61534-72/#respond Thu, 22 Jan 2026 23:55:11 +0000 https://www.theinfostride.com/?p=463186 The Naira concluded the week on a more positive note, trading at ₦1,534.72 to the U.S. dollar in the official market—a modest but meaningful improvement from the ₦1,550 average recorded earlier in the week. The currency’s uptick is being attributed to increased liquidity in the foreign exchange market, tighter regulatory oversight, and measured intervention by [...]

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]]> https://www.theinfostride.com/naira-strengthens-against-dollar-closes-week-at-%e2%82%a61534-72/feed/ 0 Naira Opens Week on a Weaker Note, Trades at ₦1,533/$ https://www.theinfostride.com/naira-opens-week-on-a-weaker-note-trades-at-%e2%82%a61533/ https://www.theinfostride.com/naira-opens-week-on-a-weaker-note-trades-at-%e2%82%a61533/#respond Thu, 25 Dec 2025 10:07:48 +0000 https://www.theinfostride.com/?p=465413 The Nigerian naira began the new trading week on a weaker footing, exchanging at ₦1,533 per United States dollar at the official foreign exchange window. The development underscores persistent volatility in the foreign exchange market despite ongoing reforms aimed at stabilising the currency and boosting investor confidence. Data from the Nigerian Autonomous Foreign Exchange Market [...]

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]]> https://www.theinfostride.com/naira-opens-week-on-a-weaker-note-trades-at-%e2%82%a61533/feed/ 0 Naira Slips Slightly in Moderated FX Market Movement to Close at N1,451.86 per Dollar https://www.theinfostride.com/naira-slips-slightly-in-moderated-fx-market-movement-to-close-at-n1451-86-per-dollar/ https://www.theinfostride.com/naira-slips-slightly-in-moderated-fx-market-movement-to-close-at-n1451-86-per-dollar/#respond Tue, 09 Dec 2025 13:29:12 +0000 https://www.theinfostride.com/?p=473168 Nigeria’s foreign exchange market witnessed a mild depreciation of the naira as the local currency closed at approximately N1,451.86 to the United States dollar, reflecting a modest weakening compared to previous trading sessions. The slight movement, according to market analysts, underscores the continuous pressure on the foreign exchange ecosystem despite recent policy adjustments aimed at [...]

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]]> https://www.theinfostride.com/naira-slips-slightly-in-moderated-fx-market-movement-to-close-at-n1451-86-per-dollar/feed/ 0 Naira Dips for Third Consecutive Day to N1,473.29 per Dollar https://www.theinfostride.com/naira-dips-for-third-consecutive-day-to-n1473-29-per-dollar/ https://www.theinfostride.com/naira-dips-for-third-consecutive-day-to-n1473-29-per-dollar/#respond Thu, 16 Oct 2025 13:33:11 +0000 https://www.theinfostride.com/?p=469235 The Nigerian naira continued its downward trajectory on Tuesday, weakening for the third consecutive day against the U.S. dollar at the official foreign exchange market. According to data from the FMDQ Securities Exchange, which oversees official FX trading, the naira closed at N1,473.29 per dollar, down from N1,468.99 recorded on Monday.The local currency’s continued depreciation [...]

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]]> https://www.theinfostride.com/naira-dips-for-third-consecutive-day-to-n1473-29-per-dollar/feed/ 0 FX Inflows and Rising Reserves Strengthen Naira to ₦1,497 per Dollar https://www.theinfostride.com/fx-inflows-and-rising-reserves-strengthen-naira-to-%e2%82%a61497-per-dollar/ https://www.theinfostride.com/fx-inflows-and-rising-reserves-strengthen-naira-to-%e2%82%a61497-per-dollar/#respond Tue, 16 Sep 2025 08:11:40 +0000 https://www.theinfostride.com/?p=466682 Nigeria’s foreign exchange market recorded a notable development as the naira appreciated to around ₦1,497 per dollar at the official window, marking one of its strongest performances in recent months. The improvement was attributed to a combination of factors, including increased foreign exchange inflows, a rise in external reserves, and strategic interventions that have helped [...]

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]]> https://www.theinfostride.com/fx-inflows-and-rising-reserves-strengthen-naira-to-%e2%82%a61497-per-dollar/feed/ 0 Naira Strengthens to ₦1,500 Per Dollar as Foreign Reserves Rebound https://www.theinfostride.com/naira-strengthens-to-%e2%82%a61500-per-dollar-as-foreign-reserves-rebound/ https://www.theinfostride.com/naira-strengthens-to-%e2%82%a61500-per-dollar-as-foreign-reserves-rebound/#respond Thu, 11 Sep 2025 09:26:28 +0000 https://www.theinfostride.com/?p=466426 The Nigerian currency has staged a strong recovery in the foreign exchange market, appreciating to ₦1,500 per United States dollar amid renewed confidence spurred by an improvement in the country’s external reserves. The rally marks a positive turn for the naira, which in recent months has faced sharp depreciation pressures due to dollar scarcity, inflation, [...]

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]]> https://www.theinfostride.com/naira-strengthens-to-%e2%82%a61500-per-dollar-as-foreign-reserves-rebound/feed/ 0 Naira Sees Mixed Trading as Forex Demand Stays High https://www.theinfostride.com/naira-sees-mixed-trading-as-forex-demand-stays-high/ https://www.theinfostride.com/naira-sees-mixed-trading-as-forex-demand-stays-high/#respond Mon, 11 Aug 2025 16:52:14 +0000 https://www.theinfostride.com/?p=464680 The Nigerian Naira experienced mixed trading patterns in the foreign exchange market this week as strong demand for foreign currency continued to shape market sentiment. Traders and analysts observed fluctuations in the exchange rate across official and parallel market segments, reflecting persistent pressure from import demands, capital outflows, and speculative activities. At the Nigerian Autonomous [...]

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]]> https://www.theinfostride.com/naira-sees-mixed-trading-as-forex-demand-stays-high/feed/ 0 Naira Closes July at ₦1,533.55/$, Dips by 0.25% https://www.theinfostride.com/naira-closes-july-at-%e2%82%a61533-55-dips-by-0-25/ https://www.theinfostride.com/naira-closes-july-at-%e2%82%a61533-55-dips-by-0-25/#respond Fri, 01 Aug 2025 12:20:58 +0000 https://www.theinfostride.com/?p=463732 The Nigerian naira ended the month of July 2025 on a slightly weaker note, closing at ₦1,533.55 per dollar at the official market, reflecting a 0.25% decline from the previous month. The marginal depreciation underscores persistent pressures on Nigeria’s foreign exchange market despite various monetary interventions by the Central Bank of Nigeria (CBN). According to [...]

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]]> https://www.theinfostride.com/naira-closes-july-at-%e2%82%a61533-55-dips-by-0-25/feed/ 0 Naira Weakens to ₦1,532.34 Per Dollar Despite CBN Support https://www.theinfostride.com/naira-weakens-to-%e2%82%a61532-34-per-dollar-despite-cbn-support/ https://www.theinfostride.com/naira-weakens-to-%e2%82%a61532-34-per-dollar-despite-cbn-support/#respond Mon, 21 Jul 2025 12:59:04 +0000 https://www.theinfostride.com/?p=462533 The Nigerian naira experienced another dip against the United States dollar at the official foreign exchange window, closing the week at ₦1,532.34/$ despite continued intervention efforts by the Central Bank of Nigeria (CBN). This slight depreciation underscores the persistent volatility facing the nation’s currency amid efforts by the monetary authority to stabilize the foreign exchange [...]

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]]> https://www.theinfostride.com/naira-weakens-to-%e2%82%a61532-34-per-dollar-despite-cbn-support/feed/ 0 There Should Be No Problem With E-Money Abusing The Dollar In Nigeria – Okon Lagos https://www.theinfostride.com/there-should-be-no-problem-with-e-money-abusing-the-dollar-in-nigeria-okon-lagos/ https://www.theinfostride.com/there-should-be-no-problem-with-e-money-abusing-the-dollar-in-nigeria-okon-lagos/#respond Wed, 30 Apr 2025 08:00:22 +0000 https://www.theinfostride.com/?p=409465 Nollywood actor, Okon Lagos, has come out to react to the report of EFCC operatives arresting E-Money for alleged Naira and Dollar abuse. He recently had his say via a post shared on his Instastories, and fans have been reacting. According to him, he wonders why the commission isn’t more focused on the incarceration of [...]

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]]> https://www.theinfostride.com/there-should-be-no-problem-with-e-money-abusing-the-dollar-in-nigeria-okon-lagos/feed/ 0 Report Warns of Possible Naira Depreciation to N1,993 per Dollar https://www.theinfostride.com/report-warns-of-possible-naira-depreciation-to-n1993-per-dollar/ https://www.theinfostride.com/report-warns-of-possible-naira-depreciation-to-n1993-per-dollar/#respond Tue, 12 Nov 2024 21:22:33 +0000 https://www.theinfostride.com/?p=393721 A new economic report has projected a steep decline in the value of the Nigerian naira, suggesting that it could weaken to N1,993 against the US dollar if certain economic factors are not addressed. This forecast, while alarming, has triggered discussions among financial experts, policymakers, and citizens about the underlying causes and potential measures to [...]

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]]> https://www.theinfostride.com/report-warns-of-possible-naira-depreciation-to-n1993-per-dollar/feed/ 0 Exchange rate for Customs duties collection drops by N43 as Naira strengthens https://www.theinfostride.com/exchange-rate-for-customs-duties-collection-drops-by-n43-as-naira-strengthens/ https://www.theinfostride.com/exchange-rate-for-customs-duties-collection-drops-by-n43-as-naira-strengthens/#respond Wed, 24 Jul 2024 18:24:51 +0000 https://www.theinfostride.com/?p=384931 The exchange rate for import duties collection by the Nigeria Customs Service (NCS) has declined from N1,584/$ on the 22nd of July to N1,541/$ today representing a drop of N43. The decline in the customs exchange rate comes on the heels of the recent appreciation of the naira on the official market. Data from FMDQ [...]

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]]> https://www.theinfostride.com/exchange-rate-for-customs-duties-collection-drops-by-n43-as-naira-strengthens/feed/ 0 I’m Waiting For FG To Revert To The Old Petrol And Dollar Price As Well – I Go Save https://www.theinfostride.com/im-waiting-for-fg-to-revert-to-the-old-petrol-and-dollar-price-as-well-i-go-save/ https://www.theinfostride.com/im-waiting-for-fg-to-revert-to-the-old-petrol-and-dollar-price-as-well-i-go-save/#respond Sun, 02 Jun 2024 13:10:49 +0000 https://www.theinfostride.com/?p=379626 Popular comedian, I Go Save has come out to react to the Federal government reverting to the old national anthem. He recently had his say via his social media page, and fans have been reacting. According to him, since the Federal government has reverted to the old national anthem amid these trying times, it is [...]

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]]> https://www.theinfostride.com/im-waiting-for-fg-to-revert-to-the-old-petrol-and-dollar-price-as-well-i-go-save/feed/ 0 Naira Weakens, Now Costs N1,520 For $1 https://www.theinfostride.com/naira-weakens-now-costs-n1520-for-1/ https://www.theinfostride.com/naira-weakens-now-costs-n1520-for-1/#respond Mon, 27 May 2024 20:18:14 +0000 https://www.theinfostride.com/?p=379109 The Naira faced depreciation in the parallel market on Friday, sliding to N1,520 per dollar from N1,515 per dollar the previous day. However, in the Nigerian Autonomous Foreign Exchange Market (NAFEM), the currency appreciated to N1,482.81 per dollar, marking a positive trend. Data from FMDQ revealed that the indicative exchange rate for NAFEM decreased from [...]

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]]> https://www.theinfostride.com/naira-weakens-now-costs-n1520-for-1/feed/ 0 Ban The Use Of Dollar In Nigeria – Ned Nwoko https://www.theinfostride.com/ban-the-use-of-dollar-in-nigeria-ned-nwoko/ https://www.theinfostride.com/ban-the-use-of-dollar-in-nigeria-ned-nwoko/#respond Sat, 24 Feb 2024 14:30:26 +0000 https://www.theinfostride.com/?p=371633 Senator Ned Nwoko has come out to ask his colleagues to ban the use of dollars in the country. He recently had his say as the Forex crisis in Nigeria continues, and Nigerians have been reacting. According to him, the use of dual currency in Nigeria is a fundamental problem we have in the country, [...]

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]]> https://www.theinfostride.com/ban-the-use-of-dollar-in-nigeria-ned-nwoko/feed/ 0 Nigerians Don’t Need To Pray For The Naira Against The Dollar – Reno Omokri https://www.theinfostride.com/nigerians-dont-need-to-pray-for-the-naira-against-the-dollar-reno-omokri/ https://www.theinfostride.com/nigerians-dont-need-to-pray-for-the-naira-against-the-dollar-reno-omokri/#respond Mon, 05 Feb 2024 20:09:13 +0000 https://www.theinfostride.com/?p=369699 Popular celebrity, Reno Omokri has come out to disagree with Pastor Adeboye who recently asked Nigerians to pray harder for the Naira to appreciate against the Dollar. He recently had his say via his social media page, and fans have been reacting. According to him, Nigerians do not need to pray for what they can [...]

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]]> https://www.theinfostride.com/nigerians-dont-need-to-pray-for-the-naira-against-the-dollar-reno-omokri/feed/ 0 Naira Dips to N854.61/$1: Forex Turnover Plummets by $181.30 Million https://www.theinfostride.com/naira-dips-to-n854-61-1-forex-turnover-plummets-by-181-30-million/ https://www.theinfostride.com/naira-dips-to-n854-61-1-forex-turnover-plummets-by-181-30-million/#respond Thu, 21 Dec 2023 22:46:47 +0000 https://www.theinfostride.com/?p=365187 Forex turnover experienced a notable decline, dropping by 21.45% to $181.30 million on December 20, 2023, as the Nigerian naira faced depreciation against the US dollar, closing at N854.61/$1 in the official market, as reported by Infostride News. The domestic currency demonstrated a 1.5% depreciation, settling at N854.61/$1 at the close of the business day, [...]

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]]> https://www.theinfostride.com/naira-dips-to-n854-61-1-forex-turnover-plummets-by-181-30-million/feed/ 0 BDCs Request CBN’s Permission for Online Dollar Transactions and Diaspora Remittances Amid Forex Crisis https://www.theinfostride.com/bdcs-request-cbns-permission-for-online-dollar-transactions-and-diaspora-remittances-amid-forex-crisis/ https://www.theinfostride.com/bdcs-request-cbns-permission-for-online-dollar-transactions-and-diaspora-remittances-amid-forex-crisis/#respond Sat, 21 Oct 2023 21:55:31 +0000 https://www.theinfostride.com/?p=357889 The Association of Bureau De Change Operators of Nigeria (ABCON) has urged the Central Bank of Nigeria (CBN) to permit BDCs to conduct online dollar transactions and offer Point of Sale (POS) agency services. These measures, according to ABCON, would enhance liquidity in the forex market and contribute to exchange rate stability. ABCON also called [...]

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]]> https://www.theinfostride.com/bdcs-request-cbns-permission-for-online-dollar-transactions-and-diaspora-remittances-amid-forex-crisis/feed/ 0 Exchange Rate Soars: Hits N1040 on Parallel Market https://www.theinfostride.com/exchange-rate-soars-hits-n1040-on-parallel-market/ https://www.theinfostride.com/exchange-rate-soars-hits-n1040-on-parallel-market/#respond Thu, 12 Oct 2023 22:40:53 +0000 https://www.theinfostride.com/?p=356884 The exchange rate dynamics in Nigeria have witnessed a disconcerting trend in recent times, with the naira consistently losing ground against the US dollar. This depreciation has been exacerbated by the persistent disparity between the official and parallel markets. As of the latest reports obtained from InfoStride News, the exchange rate has plunged to N1,040 [...]

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]]> https://www.theinfostride.com/exchange-rate-soars-hits-n1040-on-parallel-market/feed/ 0 CBN Reverses Ban on 43 Items, Plans Intermittent Dollar Sales https://www.theinfostride.com/cbn-reverses-ban-on-43-items-plans-intermittent-dollar-sales/ https://www.theinfostride.com/cbn-reverses-ban-on-43-items-plans-intermittent-dollar-sales/#respond Thu, 12 Oct 2023 22:22:37 +0000 https://www.theinfostride.com/?p=356870 The Central Bank of Nigeria (CBN) has taken a significant step in revising its policies and regulations concerning foreign exchange by lifting the ban on 43 items that were previously restricted under the leadership of Godwin Emefiele. The announcement came through a circular issued by the apex bank on October 12, 2023, signifying a shift [...]

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]]> https://www.theinfostride.com/cbn-reverses-ban-on-43-items-plans-intermittent-dollar-sales/feed/ 0 The Naira Will Be Stronger Than The Dollar Again – Pastor Enoch Adeboye https://www.theinfostride.com/the-naira-will-be-stronger-than-the-dollar-again-pastor-enoch-adeboye/ https://www.theinfostride.com/the-naira-will-be-stronger-than-the-dollar-again-pastor-enoch-adeboye/#respond Mon, 04 Sep 2023 20:44:05 +0000 https://www.theinfostride.com/?p=354087 The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye has come out to say that Nigeria will experience glorious days again. He recently had his say during the September Thanksgiving Service of the church at the RCCG, National Headquarters, and Nigerians have been reacting. According to him, there was a time [...]

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]]> https://www.theinfostride.com/the-naira-will-be-stronger-than-the-dollar-again-pastor-enoch-adeboye/feed/ 0 Exchange rates between Naira and Dollar on 11th October 2022 https://www.theinfostride.com/exchange-rates-between-naira-and-dollar-on-11th-october-2022/ https://www.theinfostride.com/exchange-rates-between-naira-and-dollar-on-11th-october-2022/#respond Tue, 11 Oct 2022 22:14:34 +0000 https://www.theinfostride.com/?p=334016 The exchange rate between the naira and the US dollar traded at an average of N730/$1 at the black market, on Tuesday, 11th October 2022, representing a 0.14% appreciation from N731/$1 recorded on Monday.  This is according to information from black market traders who spoke to Nairametrics.  The naira at the cryptocurrency peer-to-peer FX market depreciated marginally by [...]

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]]> https://www.theinfostride.com/exchange-rates-between-naira-and-dollar-on-11th-october-2022/feed/ 0 US dollar outshines euro, British pound amid anticipated FED meeting https://www.theinfostride.com/us-dollar-outshines-euro-british-pound-amid-anticipated-fed-meeting/ https://www.theinfostride.com/us-dollar-outshines-euro-british-pound-amid-anticipated-fed-meeting/#respond Fri, 26 Aug 2022 10:53:40 +0000 https://www.theinfostride.com/?p=331296 In anticipation of Federal Reserve Chair, Jerome Powell’s highly anticipated speech, which investors believe would provide hints on the U.S. central bank’s tightening plans, the dollar clung to recent gains against the euro and pound sterling on Friday. After attempting to break back above parity versus the greenback numerous times this week without success, the euro [...]

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]]> https://www.theinfostride.com/us-dollar-outshines-euro-british-pound-amid-anticipated-fed-meeting/feed/ 0 Experts warn Nigerian companies against taking dollar loans https://www.theinfostride.com/experts-warn-nigerian-companies-against-taking-dollar-loans/ https://www.theinfostride.com/experts-warn-nigerian-companies-against-taking-dollar-loans/#respond Mon, 04 Jul 2022 03:02:11 +0000 https://www.theinfostride.com/?p=327883 Financial experts have sounded a warning to Nigerian companies seeking foreign-denominated loans to have a rethink as global economies responded to hyperinflation with aggressive monetary policy tightening. As the impact of the Russia-Ukraine war continues to fuel inflation globally in a way not seen in decades developing nations are responding by jacking up interest rates. [...]

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]]> https://www.theinfostride.com/experts-warn-nigerian-companies-against-taking-dollar-loans/feed/ 0 Taliban Urges Us To Unfreeze Funds To Help Afghanistan After Tragic Quake https://www.theinfostride.com/taliban-urges-us-to-unfreeze-funds-to-help-afghanistan-after-tragic-quake/ https://www.theinfostride.com/taliban-urges-us-to-unfreeze-funds-to-help-afghanistan-after-tragic-quake/#respond Fri, 01 Jul 2022 21:00:10 +0000 https://www.theinfostride.com/?p=327805 Taliban urged the United States on Saturday to unfreeze Afghanistan’s foreign funds and lift financial sanctions to help the war-torn country deal with its deadliest earthquake in more than two decades. Taliban Foreign Minister Amir Khan Muttaqi on Saturday, while speaking to reporters in Kabul, said, “In these testing times, we call on the United [...]

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]]> https://www.theinfostride.com/taliban-urges-us-to-unfreeze-funds-to-help-afghanistan-after-tragic-quake/feed/ 0 Dollar breaks N600/$ ceiling ahead of party primaries https://www.theinfostride.com/dollar-breaks-n600-ceiling-ahead-of-party-primaries/ https://www.theinfostride.com/dollar-breaks-n600-ceiling-ahead-of-party-primaries/#respond Wed, 18 May 2022 21:56:24 +0000 https://www.theinfostride.com/?p=325059 Less than two weeks to the presidential primaries of the political parties ahead of the 2023 elections, the US dollar has broken the N600/$ mark at the parallel market and set the tone for a possible uptick in the coming days. The black market rate had traded between N570/$ and N590/$ since the beginning of [...]

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]]> https://www.theinfostride.com/dollar-breaks-n600-ceiling-ahead-of-party-primaries/feed/ 0 EFCC arraigns woman for ‘diverting’ N100m meant for dollar purchase https://www.theinfostride.com/efcc-arraigns-woman-for-diverting-n100m-meant-for-dollar-purchase/ https://www.theinfostride.com/efcc-arraigns-woman-for-diverting-n100m-meant-for-dollar-purchase/#respond Tue, 12 Apr 2022 18:06:01 +0000 https://www.theinfostride.com/?p=322780 The Economic and Financial Crimes Commission (EFCC) has arraigned Fatima Mohammed Suleiman and her company, Jamila Multilink Logistics Services Limited, for diverting over N100million. The defendant was docked before Justice Samira Umar Bature of the FCT High Court in Maitama, Abuja, on one-count charge bordering on criminal breach of trust and diversion.  The EFCC said [...]

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]]> https://www.theinfostride.com/efcc-arraigns-woman-for-diverting-n100m-meant-for-dollar-purchase/feed/ 0 Abuja banks comply with CBN forex directive, sell dollar at N412 https://www.theinfostride.com/abuja-banks-comply-with-cbn-forex-directive-sell-dollar-at-n412/ https://www.theinfostride.com/abuja-banks-comply-with-cbn-forex-directive-sell-dollar-at-n412/#respond Mon, 02 Aug 2021 21:10:33 +0000 https://www.theinfostride.com/?p=302743 The News Agency of Nigeria (NAN) recalls that the CBN had last week stopped sales of FX through Bureau de Change Operators and announced that foreign exchange would now be sold through commercial banks. A visit to some commercial banks in Abuja on Monday by NAN correspondent showed that they were in full compliance to [...]

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]]> https://www.theinfostride.com/abuja-banks-comply-with-cbn-forex-directive-sell-dollar-at-n412/feed/ 0 Tesla Gets Second $1000 Price Target https://www.theinfostride.com/tesla-gets-second-1000-price-target/ https://www.theinfostride.com/tesla-gets-second-1000-price-target/#respond Sun, 31 Jan 2021 16:10:38 +0000 https://www.theinfostride.com/?p=283462 Tesla (TSLA) shares were volatile on Friday, opening the session in negative territory before rising; following its disappointing earnings results even as analysts continue to be bullish on the electric vehicle maker. Argus Research’s Bill Selesky on Friday boosted his Tesla price target by 30% to $1,010 per share from $777; while reiterating his buy [...]

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]]> https://www.theinfostride.com/tesla-gets-second-1000-price-target/feed/ 0 Blogs Must Stay Sensational To Make A Dollar – Daniel Ademinokan https://www.theinfostride.com/blogs-must-stay-sensational-to-make-a-dollar-daniel-ademinokan/ Tue, 12 Jun 2018 20:07:32 +0000 https://www.theinfostride.com/?p=208457 Stella Damasus’ husband, Daniel Ademinokan was spotted chilling with his ex-wife, Doris Simeon, and their son in New York. The movie director took to his Instagram page on Monday, June 4, 2018, where he shared photos of himself, his ex-wife and their son having a nice family time. He went on to caption the photos [...]

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]]> We Pray Naira Doesn’t Fall Against The Dollar Again – PDP https://www.theinfostride.com/we-pray-naira-doesnt-fall-against-the-dollar-again-pdp/ Sat, 11 Mar 2017 00:57:45 +0000 http://www.theinfostride.com/?p=158729 The Peoples’ Democratic Party, National Youths Frontier (PDPNYF) has called on President Buhari to build on the achievements of Vice President Yemi Osinbajo. In a series of tweets on Friday, March 10, 2017, the PDPNYF said Buhari should not allow the cabal in his government gain ground again. The group also said they pray that [...]

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]]> Naira Loses Steam Against Dollar https://www.theinfostride.com/naira-loses-steam-against-dollar/ Sun, 05 Mar 2017 12:01:30 +0000 http://www.theinfostride.com/?p=158208 The Naira on Friday depreciated against the dollar at the parallel market after posting days of appreciation, the News Agency of Nigeria (NAN) reports. The nation’s currency lost N7 to exchange at N465 to a dollar after closing at N458 on Thursday, while the Pound Sterling and the Euro traded at N542 and N480. At [...]

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]]> The Naira Is Moving To N500 Per Dollar – Willie Obiano https://www.theinfostride.com/the-naira-is-moving-to-n500-per-dollar-willie-obiano/ Thu, 15 Sep 2016 14:32:28 +0000 http://www.theinfostride.com/?p=144082 Anambra State Governor, Willie Obiano has raised alarm about the current recession in the country and urged state governments to pay their staff’s salaries. Obiano also said that any state that doesn’t pay its workers in these hard times is looking for trouble. The governor made the comments on Wednesday, September 14, during the launch [...]

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]]> Announcing Data Center and Cloud 2016 Awards EMEA Shortlist [Press Release] https://www.theinfostride.com/announcing-data-center-and-cloud-2016-awards-emea-shortlist-press-release/ Sun, 01 May 2016 12:56:58 +0000 http://www.theinfostride.com/2016/05/announcing-data-center-and-cloud-2016-awards-emea-shortlist-press-release/ Recognising companies for innovation and service excellence in a global multi-billion dollar industry London/Monaco 29 April 2016 – In what promises to be a bumper year for data center and cloud innovation and service excellence, the Data Centre Awards (http://www.datacloudawards.com/) shortlist has been released. The results will be announced at the dinner and ceremony in [...]

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]]> Naira Is Already Devalued – Sanusi Lamido Sanusi https://www.theinfostride.com/naira-is-already-devalued-sanusi-lamido-sanusi/ Tue, 15 Mar 2016 02:39:10 +0000 http://www.theinfostride.com/?p=122757 The immediate past governor of the Central Bank of Nigeria (CBN), Muhammad Sanusi II, and the emir of Kano says the argument about devaluation of naira is misunderstood, stating that the naira has already been devalued. Speaking to BBC, Sanusi said President Muhammadu Buhari and the CBN are only subsidising the private sector by selling [...]

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]]> GEJ Is To Blame For Fall Of Naira – APC https://www.theinfostride.com/gej-is-to-blame-for-fall-of-naira-apc/ Mon, 18 Jan 2016 15:54:12 +0000 http://www.theinfostride.com/?p=118589 The All Progressives Congress (APC) has said that former president, Goodluck Jonathan is to blame for the fall of the naira against the dollar. The APC also said that the financial recklessness of the Jonathan government put Nigeria’s economy in trouble. The comments were made by the APC’s Acting National Publicity Secretary, Comrade Timi Frank [...]

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]]> Naira Continues To Fall Against US Dollar, Current Rate Being N280 To A Dollar https://www.theinfostride.com/naira-continues-to-fall-against-us-dollar-current-rate-being-n280-to-a-dollar/ Fri, 18 Dec 2015 11:43:37 +0000 http://www.theinfostride.com/?p=113624 The Central Bank of Nigeria (CBN) has given a directive to commercial banks to limit how much customers can spend abroad using their debits cards. This is not unconnected the falling value of Naira. The Naira weakened on Thursday to 280 to a dollar. The CBN has for months defended the naira employing varying measures to stabilize [...]

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]]> President Buhari Can’t Make A Dollar Equal Naira, Pay N5,000 Monthly To Unemployed Youths – Dan Nwanyanwu | #News https://www.theinfostride.com/buhari-cant-make-a-dollar-equal-naira-pay-n5000-monthly-to-unemployed-youths-nwanyanwu-news/ Thu, 03 Sep 2015 15:30:23 +0000 http://www.theinfostride.com/2015/09/buhari-cant-make-a-dollar-equal-naira-pay-n5000-monthly-to-unemployed-youths-nwanyanwu-news/ The pioneer Chairman of Labour Party, Chief Dan Nwanyanwu, has urged Nigerians to brace up to the reality that President Muhammadu Buhari will not fulfill many of his campaign promises including his purported pledge to make the naira equal to the dollar. Nwanyanwu, who said he is no longer into partisan politics, stated this when [...]

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]]> Dollar For Support: Yoruba Monarchs Are Not Cheap – Afenifere Chieftain https://www.theinfostride.com/dollar-for-support-yoruba-monarchs-are-not-cheap-afenifere-chieftain/ Mon, 16 Mar 2015 17:15:41 +0000 http://www.theinfostride.com/2015/03/dollar-for-support-yoruba-monarchs-are-not-cheap-afenifere-chieftain/ A chieftain of Yoruba socio-cultural group, Afenifere, Chief Ayo Adebanjo has expressed his anger over allegations against some respected monarchs in the South West by the All Progressives Congress (APC) that they have been bribed with foreign currencies by President Goodluck Jonathan during his recent visit to the region. Adebanjo described the allegation as cheap [...]

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]]> Meet Jimmy Iovine, the $3.2 Billion Dollar Man https://www.theinfostride.com/meet-jimmy-iovine-the-3-2-billion-dollar-man/ Mon, 12 May 2014 18:12:53 +0000 http://www.theinfostride.com/?p=42154 Late last week the Financial Times reported that Apple is close to finalizing a $3.2 billion deal to acquire Beats Electronics.  The deal, which could be announced as early as this week, didn’t make sense to me at first. Why would Apple want to buy…

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]]> ‘Fatai Rolling Dollar Flogged His Grown Up Kids’, First Child Says https://www.theinfostride.com/fatai-rolling-dollar-flogged-his-grown-up-kids-first-child-says/ Sun, 02 Feb 2014 20:43:11 +0000 http://www.theinfostride.com/?p=16663 Babatunde Olagunju the first son of late Highlife maestro Fatai Rolling Dollar describes his father as a disciplinarian who even flogged his grown up children. . The retired civil servant describes his father as a disciplinarian who carried out the biblical injunction of not sparing the rod and spoiling the child to the latter by [...]

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