Business Naira News Politics Royalty

Ooni of Ife calls for clamp down on Dollar hoarders

It has been suggested that the Federal Government crackdown on Nigerians who participate in dollar hoarding. Oba Adeyeye Enitan Ogunwusi, the Ooni of Ife, gave

Economy Naira News

Currency in circulation increases to N2.7 trillion

Following the increase in cash transactions, the amount of currency in circulation in Nigeria increased by N1.7 trillion to N2.7 trillion. According to statistics on

Business Naira News

Naira slumps to N900 against Dollar

In the black market on Wednesday, the Naira, the currency of Nigeria, fell to N900 per USD. The Naira was trading at N773.42 on the

Business Naira News

Naira appreciates against dollar

On Tuesday, the Naira strengthened against the dollar at the Investors and Exporters window, trading for N766.61. In comparison to Monday’s exchange rate of N770.38

Business Naira News

Naira drops against dollar after CBN grants banks freedom to trade forex

At the Investors and Exporters window on Wednesday, the value of the Naira decreased to N664.04 per $1. When compared to the N471.67 it swapped

Naira News

Naira drops against dollar after remaining stable

At the Investors and Exporters window, the Naira on Thursday decreased in value relative to the dollar, trading for N469.50. Comparing the local currency to

Economy Naira News

Naira remains stable, exchanges at N464.67 to dollar

Tuesday’s exchange rate for the naira at the Investors and Exporters window was unchanged at N464.67 to the dollar. The local currency remained unchanged from

Economy Naira News

We didn’t devalue Naira – CBN

Reports that the Central Bank of Nigeria (CBN) depreciated the Naira have been refuted. Reports had earlier emerged that the CBN reportedly depreciated the naira,

Economy Naira News

Naira appreciates marginally against dollar as Tinubu assumes office

The Naira strengthened against the dollar on Tuesday, trading for N464.50 at the Investors’ and Exporters’ window a few hours after President Bola Ahmed Tinubu

Business Economy Naira News

Naira depreciates to N464.42 against Dollar at official exchange market

Just five days before the new administration’s inauguration, the Naira declined in the Investors and Exporters window on Tuesday, trading for N464.42 to the dollar.