Nigeria’s currency, the naira, recorded a marginal gain against the US dollar at the official exchange…
Tag: Naira
Naira Under Pressure as Dollar Soars to ₦1,605 on Parallel Market
For millions of Nigerians, checking the dollar rate has become a morning ritual right after WhatsApp,…
Naira vs Dollar: Presidential Aide Clarifies Remarks Amid Backlash
Gladness Gideon President Bola Tinubu’s Special Adviser on Economic Affairs, Dr. Tope Fasua, has offered clarifications…
EFCC Arraigns Man for Alleged Refusal to Accept Naira as Legal Tender
Eric Patrick The Economic and Financial Crimes Commission, Lagos Zonal Directorate has arraigned one Precious Chimaobi…
CBN debunks issuing order to convert domiciliary accounts to naira
The Central Bank of Nigeria on Saturday distanced itself from issuing any directive to commercial banks…
Naira strengthens to N411.5/$1 by sufficient supply of forex
The Naira currency finished the week stronger against the US Dollar at the Investors and Exporters…
Naira sinks further, closes N530/$ at parallel market
 The Nigerian currency continued to free fall as it closed at N530 to USD$1 on…
Naira weakens at parallel market, records N527/$1
Naira currency has depreciated at the parallel market and on Monday, sliding by N3 against the…
Naira free falls across major segments, records N524/$1
The Naira currency met fresh headwinds across the major segments of the foreign exchange market as…
Naira free falls, hovers 515/$ at parallel market
The naira slides against the dollar at the parallel market on Wednesday amid the lingering scarcity…