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The Naira on Wednesday depreciated in the Nigerian Foreign Exchange Market, (NAFEM) to N1,300.15 per dollar, exceeding the parallel market rate by N45.15. Data from the...
Minister of Information and National Orientation, Mohammed Idris, has said the Nigerian Government is identifying those sabotaging the economy. The minister insisted that President Bola Tinubu’s...
The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has urged Nigerians to be patient with the apex bank as it is doing everything...
A former presidential aide, Bashir Ahmad, has blamed the naira’s steady slip in the foreign exchange market on Nigerians’ heavy reliance on cryptocurrency platforms. As the...
The International Air Transport Association (IATA), a trade group representing international airlines headquartered in Geneva, has voiced concerns about the possibility that foreign airlines doing business...
The House of Representatives is seeking to fastrack the adoption of the Chinese Yuan (CNY) as an official foreign exchange reserve currency alongside other major international...
Former Bayelsa State Senator, Ben Murray-Bruce has said Nigeria cannot afford to return to the era of defending the Naira with $1.5 billion monthly. Murray-Bruce, a chieftain...
The presidential candidate of the All Progressives Congress (APC), Asiwaju Bola Ahmed Tinubu, has berated the Muhammadu Buhari-led government over the depreciation of the naira and high...
Reactions from some industry players in the financial sector have trailed Nigeria’s huge debt service caused by the depreciation of the Naira in the period of...
Pastor Leke Adeboye, son of Enoch. A. Adeboye of the Redeemed Christian Church of God, has reacted to the freefall of the Naira. Naija News reports...
Media personality Daddy Freeze has reacted to the free fall of the Nigerian Naira against the dollar. Naija News understands that the exchange rate between the...