FG berates Ogun monarch for ‘spraying naira’ on musician during…
The National Orientation Agency (NOA) has knocked Aremo Sowemimo, Olu of Owode-Egba, in Ogun state, for “spraying money” on a…
Browsing Tag
Naira
Naira surges by 19% to reach N874.79/$ in NAFEM
The naira yesterday strengthened to N874.79 per dollar in the Nigerian Foreign Exchange Market (NAFEM).
Data sourced from FMDQ…
Naira falls to N1089/$ on official investor, exporter window
The naira fell to N1089.51/$ on the official Investor and Exporter window on Tuesday.
The naira experienced a 27.19% decline,…
CBN approves Naira stablecoin, announces launch date
The Central Bank of Nigeria (CBN) has approved the launch of the Nigerian naira (cNGN) stablecoin.
The cNGN, which…
Naira drops to N1205/$ in parallel market, gains 21% in NAFEM
The Naira experienced a decline yesterday, dropping to N1,205 per dollar in the parallel market compared to N1,185 per dollar last…
JUST IN: Supreme Court rules old, new naira notes to co-exist till further…
The Supreme Court on Wednesday ordered that the old N200, N500, and N1000 notes should continue to co-exist with the new notes…
Naira slides to N956/$ as dollar supply falls by 46%
The naira fell, on Thursday, to N956/$ on the official Investor and Exporter forex market, marked by a 46.77% decrease in the…
Why naira is in free fall – Ex-Finance Minister
Former Finance Minister Olusegun Aganga has stated that if Nigeria stays an import-dependent country, the naira will remain weak.
JUST IN: NNPC secures $3bn loan to ‘support’ naira, stabilise…
The Nigerian National Petroleum Corporation (NNPC) Limited has secured a $3 billion crude repayment loan to support the naira and…
Naira fall: CBN warns speculators, plans ‘new measure’ to…
The Central Bank of Nigeria (CBN) says new measures will be taken to stabilise the naira against the dollar.
Folasodun Sonubi,…