Popular comedian, AY Makun, has come out to reveal that he was recently invited by the Economic and Financial Crimes…
Browsing: Naira
Nigerians may soon face another increase in petrol prices as negotiations over the proposed naira-for-crude oil exchange drag on, leading…
The Nigerian naira continued its downward spiral at the official foreign exchange market, closing at ₦1,536 per dollar. This marks…
The naira has lost ground against the dollar, reversing its recent gains in both the official and parallel markets. The…
The Nigerian Naira has plunged to a new low of ₦1,745 to the US dollar on the parallel market, reflecting…
The Nigerian naira has continued to show resilience and stability, maintaining its gains on the newly introduced EFXM platform. This…
Africhange CEO Tope Ajala has raised concerns over the floating of the naira, describing it as a high-risk strategy that…
A new economic report has projected a steep decline in the value of the Nigerian naira, suggesting that it could…
The Nigerian naira has been significantly affected by prevailing market forces, recently plunging to a concerning level of N1,650 per…
Nigeria’s foreign exchange (FX) turnover has seen a sharp decline, dropping by 71% in recent weeks, amid worsening conditions for…
The Nigerian naira has continued its downward slide in the parallel market, reaching an alarming exchange rate of N1,705 to…
Former member of the All Progressives Congress Presidential Campaign Council (APC PCC), Ayobami Oyalowo, has identified the continuous devaluation of…
The exchange rate for import duties collection by the Nigeria Customs Service (NCS) has declined from N1,584/$ on the 22nd…
Financial analysts at United Capital Plc have forecasted that the exchange rate will stabilize, trending between N1,423.26/$ and N1,550/$ by…
The Central Bank of Nigeria (CBN) has announced the sale of $106.5 million as foreign exchange (FX) to 29 FX…
The naira has emerged as the worst-performing currency in the world in the first half of 2024. According to a report…
The naira has weakened further against the dollar on Wednesday, closing at N1,507.83/$1, based on the latest data from the…
The Governor of the Central Bank, Yemi Cardoso, stated that the country has already experienced the worst of naira volatility…
The naira moderated by 71 basis points in the official market amid increased pressure from the U.S. dollar index, showing…
Justice Kehinde Ogundare of the Federal High Court in Lagos has settled the case involving Okechukwu Pascal a.k.a Cubana Chief…