Currency

Naira Gains, Dollar Drops In Official Market Despite Inflation

The Nigerian Naira showcased resilience against the US dollar across official and parallel markets, despite soaring inflation rates reported by… Read More

5 months ago

Naira Appreciates To N901/$1: Confidence Key To Stability – Experts

On a day marked by a marginal gain for the Naira against the dollar, the local currency appreciated to close… Read More

5 months ago

Experts Advocate Shift In Naira Policy As Currency Falls Marginally To N1186/$1

The Nigerian naira experienced a marginal dip against the U.S. dollar on Tuesday, registering an intraday high of N1186/$1 across… Read More

5 months ago

Naira Bounces Back, Appreciates To N864/ $1 In Official Market

In a turn of events, the Naira staged a  comeback against the dollar, marking a 27.16% appreciation at the official… Read More

5 months ago

CPPE Urges CBN To Reconsider Exchange Rate Surge For Sustainable Economic Growth

Dr. Muda Yusuf, CEO of the Centre for Promotion of Private Enterprise (CPPE), raised concerns over the Central Bank's decision… Read More

5 months ago

‘Foreign Airlines May Exit Nigeria’s Airspace’ – IATA Ranks Nigeria Country With Highest Trapped Funds

It has emerged that over $792 million belonging to foreign airlines are currently trapped in Nigeria leaving them without dollar… Read More

5 months ago

Here’s How You Can Identify Fake Naira Notes CBN Warned About

Against the backcloth of the credible alarm raised by the Central Bank of Nigeria (CBN) over the circulation of fake… Read More

5 months ago

Naira Plunges To N1,099/$1 In Official Market, Triggering Economic Concerns Ahead Of Christmas

The Nigerian Naira hit an unprecedented low, closing at N1,099.05 per dollar on Friday, December 8th, 2023, in the official… Read More

5 months ago

CBN Warns Over Surge In Fake Naira; Urges Vigilance Amidst Growing Concerns

In response to the escalating circulation of forged higher denomination banknotes within various commercial hubs across Nigeria, the Central Bank… Read More

5 months ago

Naira Gains 12.83% Against Dollar, Closes At N843/$1 Amid Forex Dynamics

In a turnaround, the Nigerian Naira staged a robust recovery against the dollar on Thursday, skyrocketing by 12.83% at the… Read More

5 months ago

This website uses cookies.