Binance To Put Naira Transactions On Hold
In light of regulatory tensions within Nigeria, Binance is set to temporarily pause its services linked to the nation’s fiat…
“FG Printed Too Much Money”, Otti Decries Free Fall Of Naira
The Governor of Abia State, Alex Otti, has lamented the free fall of the Naira which began last year, stressing…
Why Dollar May Exchange For ₦4000 At Year End – Ozekhome
Popular Lawyer and human rights activist, Mike Ozekhome has submitted that should the Naira keep on falling against the Dollar…
CBN Working To strengthen Naira – Cardoso Assures Nigerians
The Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso has appealed to Nigerians to exercise patience with…
Real Reason Naira May Further Depreciate By 35% In 2024 – IMF
The International Monetary Fund (IMF) has sent out a warning that the exchange rate of the Naira may further depreciate…
Tinubu Goes In Search Of $10bn To Save Tumbling Naira
The Nigerian Federal Government is planning to raise $10bn to improve liquidity in the foreign exchange market after the naira…
EFCC Declares War Against Illegal Forex Trading, Naira Abuse
The Economic and Financial Crimes Commission (EFCC) has established a task force to tackle illegal forex trading and naira abuse.…
Naira Crashes To ₦1,534 Against US Dollar At Parallel Market
The Nigerian Naira depreciated to a record low of ₦1,534.39 against the US dollar at the foreign exchange market on…
Why Stabilizing Naira Is Beyond CBN – Cardoso
Mr. Yemi Cardoso who is the Governor of the Central Bank of Nigeria (CBN), on Tuesday told federal law makers…
Nigerian Economy: Real Reason Naira Is Falling – Rewane
Renowned economist and the CEO of Financial Derivatives Bismarck Rewane has explained why he believes Nigeria’s currency has been on…
Domiciliary Accounts: CBN Denies Naira Conversion Plans
The Central Bank of Nigeria clarified that there is no intention to convert holdings in domiciliary accounts into naira. This…
Nigerians Groan As CBN Adjust Exchange Rate To ₦1,356/$1
On the heels of the adjustment of exchange rate on the single window for trade by the Central Bank of…