Following the dollar rise against naira this past week, the Economic and Financial Crimes Commission has instituted a further crackdown on currency speculators and cryptocurrency platforms...
The Nigerian naira has shown significant strength against the United States dollar, nearing N1,000/$ at the parallel market and appreciating to N1,136/$ at the official market...
Trans-border traders are turning away from Nigeria’s currency, the Naira, amidst its depreciation, opting instead for currencies like the CFA or non-francophone countries’ domestic currencies. In...
Vice President Kashim Shettima has assured that the Naira will continue to stabilise in the coming weeks and months. He said that the government will continue...
The Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, stated that the naira is currently undervalued, and efforts are being made to ensure the...
Financial experts and analysts are pointing to the surge in the dollar to naira rate, attributing it to the heightened foreign exchange demands for payment of...
Prominent US-based media organization, Bloomberg, delivered a sobering prediction on Friday, suggesting that the Nigerian naira is poised for further decline in 2024. According to the...
The Association of Bureau De Change Operators of Nigeria has attributed the recent appreciation of the Naira against the Dollar to the Central Bank of Nigeria’s...
Dr Obadiah Mailafia Money makes the world go round. The strength of a country – its prosperity and flourishing – is best measured by the standing...
Data posted on abokiFX.com, a website that collates parallel market rates in Lagos showed that the Naira strengthened marginally against the U.S. Dollar at the unofficial...
A Nigerian filmmaker, Desmond Ovbiagele has revealed the inspiration behind his movie “The Milkmaid” which is a contender for the upcoming 2021 Oscars International Films Category....
The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, says the naira will regain its strength among the league of currencies. He...
Popular singer, Davido has expressed displeasure at the situation in Nigeria after he changed Naira to Dollar today. The singer cried out on Twitter, saying, “Dollar...
The Naira lost marginally to the dollar at the parallel market in Lagos on Monday, exchanging at N382 to a dollar, lower than N380 to a...