Naira

Why Nigerians lost faith in Naira – Finance Minister, Edun

According to Finance Minister Wale Edun, Nigerians save in US dollars because they no longer trust the Naira. He pointed…

7 months ago

Naira appreciates by N60 against dollar after Eid-el-fitr holidays

On suspicion of organising an Islamist-motivated terror attack, three teenagers have been arrested by the police in Germany. Two girls…

7 months ago

Naira appreciation: CBN begins sale of dollars to BDCs at N1,101

To further increase Naira's appreciation in the foreign exchange market, the Central Bank of Nigeria, CBN, has started another tranche…

8 months ago

What CBN should do to crash FX rate to N1000 per dollar – Aja

Financial expert Kalu Aja has urged the Central Bank of Nigeria to sell the Naira at a rate of N1000…

8 months ago

How Naira appreciated by N660 against dollar

Since Olayemi Cardoso, the governor of the Central Bank of Nigeria, called BDC operators back into the foreign exchange market,…

8 months ago

Nigeria economy rakes in $1.5bn inflow in days

The Central Bank of Nigeria reports that the country's economy has received inflows totaling over $1.5 billion in the last…

8 months ago

Naira maintains N1,300 exchange rate against USD

As of Thursday's conclusion of trading on the official foreign exchange market, the Naira has retained its N1,300 status versus…

8 months ago

ABCON reveals when Naira will appreciate to N1,000 per USD

When will the Naira appreciate to N1,000 per US dollar, according to the Association of Bureau de Change Operators in…

8 months ago

Naira appreciation continues as USD supply surges at forex market

In the foreign currency market, the Naira kept rising vs the US Dollar as USD transactions increased. According to FMDQ…

8 months ago

Naira continues appreciation against USD at forex market

As it continued its appreciation against the US dollar on the foreign currency market, the Naira finished the week on…

8 months ago