Naira Depreciates To ₦1,515/$ In Parallel Market
The Nigerian Naira on Thursday depreciated in the parallel market to N1,515 per dollar after closing at N1,495 per dollar…
Devaluation Of Naira, Biggest Mess Created In 2023 – Dangote
Africa’s richest man and the Chairman of Dangote Industries Limited, Aliko Dangote has asserted that the devaluation of the Nigerian…
Real Reason Behind The Depreciation Of Naira – Senate
The Nigerian Senate, through its Committee on Finance, has offered explanations on why the Nigerian Naira keeps depreciating against other…
Bobrisky Begs Appeal Court To Convert Imprisonment To Fine
Recently jailed controversial cross-dresser, Idris Olanrewaju Okuneye, popularly known as Bobrisky, has appealed against the six-month imprisonment imposed on him…
CBN: Naira Outperforms All Other Currencies Worldwide
The naira has achieved global recognition as the best-performing currency due to the successful implementation of foreign exchange reforms by…
Naira Defense Not Reliant On Foreign Reserves, Says Cardoso
The CBN Governor, Mr. Olayemi Cardoso, announced yesterday that the bank will adopt a more sustainable approach, rather than relying…
Naira Appreciates To ₦1,080/$ In Parallel Market
The Nigerian Naira has appreciated to ₦1,080 per dollar in the parallel market, from ₦1,230 per dollar last weekend. While…
Nigerian Economy Has Recorded Over $1.5bn Inflow In Days -CBN
The Central Bank of Nigeria (CBN) has claimed that over $1.5bn came into the Nigerian economy over the past few…
₦400 To Dollar Expectations, Illusory, Says Moghalu
Contrary to growing speculations, former deputy governor of the Central Bank of Nigeria, Kingsley Moghalu, brushed off the likelihood of…
Tinubu Assures More Economic Interventions After Naira’s Rise
President Bola Tinubu has vowed to implement a series of strategies aimed at revitalizing the economy, drawing inspiration from the…
FX Backlog: Show Evidence Of Payment, Foreign Airlines To CBN
Against the backdrop of viral reports that the Central Bank of Nigeria (CBN), has cleared all valid foreign exchange backlogs,…
People Losing Faith In Nigeria’s Economy, Adesina Laments
The President of the African Development Bank (AFDB), Akinwumi Adesina has asserted that Nigeria’s economy has remained in a downward…