President of BUA Group, Abdul Samad Rabiu, has predicted that the naira will strengthen to ₦1,300…
Category: Naira
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Forex: Presidency Mocks Peter Obi, Atiku, El-Rufai As Chinese Traders Accept Naira Instead Of US Dollars
The naira has shown signs of relative stability in recent weeks, and forex traders have confirmed…
Naira Falls To ₦1,537/$ In Official Market, Defies Parallel Market Gains
The Nigerian naira yesterday slumped further in the official Nigerian Foreign Exchange Market (NFEM), depreciating to…
BREAKING: EFCC Invites Tompolo For Questioning
The Economic and Financial Crimes Commission (EFCC) has formally invited former Niger Delta militant leader, Chief…
Just In: Nigeria’s Naira In Circulation Hits ₦5.2 Trillion In January
Currency in circulation within the Nigerian banking sector surged to ₦5.24 trillion in January 2025, marking…
Weak Naira Is Good, Many People Can’t Travel Again – Tinubu’s Aide
The Special Adviser to the President Bola Tinubu on Economic Matters, Tope Fasua, has said a…
Why Naira Is Bouncing Back Massively Against Dollars – Bankers
The newly implemented foreign exchange market system by the Central Bank of Nigeria (CBN) has been…
Fresh Cash Scarcity Hits States In Nigeria (See Affected States)
Residents of some states in the country have been affected by fresh naira scarcity despite increased…
Weak Naira Has Certain Advantage – CBN Gov
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, on Thursday revealed that the…
Naira Depreciates By 8.24% Against Dollar At Official Market
The Nigerian naira faced a significant depreciation in the official market on Wednesday, trading at ₦1,669.15…