Zingtie

How I was duped – Pastor Adeboye shares painful experience

Jonathan Nwokpor
January 7, 2024
1 Comments

Adeboye discloses what will happen to Naira in 2024

Nigeria’s money is in the wrong hands, according to Pastor Enoch Adeboye, General Overseer of the Redeemed Christian Church of God, or RCCG. Adeboye gave Nigerians hope that in 2024,

Business

Naira slumps massively against dollar at black market

Jonathan Nwokpor
December 30, 2023
1 Comments

Naira drops by 49% year-to-date, ends 2023 at N907 against US Dollar

The greatest economy in Africa saw its currency, the Naira, drop by a staggering 49% year to date, ending 2023 on Friday at N907.11 per US dollar. The official exchange

Business

Jonathan Nwokpor
December 22, 2023
0 Comments

Naira scarcity: CBN reveals those hoarding banknotes

A few days before Christmas, the Central Bank of Nigeria, CBN, warned Point-of-Sale operators and Deposit Money Banks not to stockpile Naira notes due to the ongoing scarcity of the

Business

Naira defies protests, records significant appreciation against dollar

Jonathan Nwokpor
December 21, 2023
2 Comments

Naira gains on the black market but falls at the official window

The Nigerian Naira saw a small decline in value relative to the US dollar in the official Nigerian Autonomous Foreign Exchange Market (NAFEM), but it appreciated on the black market.

Business

Jonathan Nwokpor
December 19, 2023
0 Comments

Fears about banks’ declining deposit levels rise as Naira becomes scarce

Due to a lack of cash, the Standing Deposit Facility of Nigerian banks decreased by 18%, from N2.94 trillion in October to N2.4 trillion in November. Additionally, the country’s financial