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…
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Naira
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,…
Naira drops further against Dollar, inches towards N1000/$1
The Naira continued its depreciation against the United States dollar on Thursday, at both the official and unofficial (black)…
Naira appreciates, exchanges for 793.70 to $1
On Wednesday, the Nigerian naira demonstrated appreciation against the United States dollar on the Investor & Exporter…
Naira falls by 0.64% amid CBN gov’s suspension
The naira fell further against the dollar on Friday at the Investors and Exporters window, trading for N472.50 to the dollar.…
Why Nigeria should sell crude oil in Naira, not Dollar – Falana
Human rights lawyer, Femi Falana, SAN, has condemned what he described as the dollarisation of the Nigerian economy, adding that…