Residents of some states in the country have been affected by fresh naira scarcity despite increased…
Category: Naira
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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…
Naira Appreciates To ₦1,640 Against US Dollar In Parallel Market
The Nigerian currency, the Naira saw a rise to ₦1,640 per dollar in the unofficial market,…
Wale Edun, Lokpobiri, Kyari, Meet Over NNPCL Sales Of Crude Oil In Naira
The Minister of Finance and Coordination Minister of the Economy, Wale Edun, has convened a high-level…
CBN Sells Dollar To Access, FBN, Fidelity, 23 Other Banks, Disqualifies Six (Full List)
The Central Bank of Nigeria (CBN) has confirmed that it sold foreign exchange (FX) to banks…
Naira Loses 40% Of Value Against Dollar In First Half Of 2024
The Naira depreciated by over 40 percent in the first half of 2024 in the foreign…
CBN Announces New Measure To Boost Naira Liquidity
The Central Bank of Nigeria (CBN) has announced the implementation of new measures aimed at enhancing…
Nigerians Should Thank Tinubu For Removing Fuel Subsidy, Floating Naira – Uzodimma
The Governor of Imo State, Hope Uzodimma, has berated some Nigerians demarketing the administration of President…
Naira Drops Value Against US Dollar In Latest Official Market Exchange Rate
The official market saw a decline in the value of the Nigerian currency, the Naira, on…