A new economic report has projected a steep decline in the value of the Nigerian naira, suggesting that it could…
Browsing: Naira
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…
The Nigerian naira maintained its stability on Thursday, exchanging at N1,495 against the dollar on the parallel market, also known…
In the realm of Nigeria’s foreign exchange landscape, President Bola Tinubu’s ambitious reforms have sparked both anticipation and skepticism. Despite…
The Naira faced depreciation in the parallel market on Friday, sliding to N1,520 per dollar from N1,515 per dollar the…
The Economic and Financial Crimes Commission (EFCC) and popular socialite, Cubana Chief Priest have agreed to settle the naira abuse…
Ex BBNaija housemate, Omashola has come out to explain why fake money was sprayed at his wedding reception. He recently…
Popular fashion personality, Denola Grey has come out to react to the sentencing of popular crossdresser, Bobrisky. He recently had…
The naira value of the total external debt of Nigeria’s 36 states and Federal Capital Territory (FCT) increased by 23.76%…