Nigeria’s currency, the naira, has taken a sharp downturn, becoming the world’s worst-performing currency in the past month, a recent Bloomberg report highlights. This development has...
In recent days, the Nigerian Naira has continued to exhibit signs of instability against the US dollar, despite various interventions by the Central Bank of Nigeria...
The Nigerian naira witnessed a significant appreciation against the US dollar as trading resumed on Monday, marking a positive turn in the foreign exchange market. Naija...
The Nigerian currency, the Naira, experienced a significant depreciation yesterday, dropping to ₦1,365 per dollar in the parallel market from ₦1,320 per dollar on Tuesday. Naija...
The chairman of Dangote Group, Aliko Dangote, has described the devaluation of the naira from ₦460 to ₦1,400 as the biggest mess of the year 2023....
A recent report by Statisense has ranked the Nigerian Naira and the Argentine Peso among the top 15 weakest currencies against the U.S. dollar, highlighting ongoing...
The Nigerian currency, the Naira, has experienced a significant decline in value, falling to ₦1,340 per dollar in the parallel market, a notable decrease from N1,300...
The Nigerian Naira recorded a significant appreciation in the parallel market, strengthening to ₦1280/$ yesterday, as reported by Nairametrics from currency traders. This marked an impressive...
The Nigerian Naira experienced a significant depreciation in value against the US Dollar this Monday, as rates hit ₦1,260 per dollar in the parallel foreign exchange...
Nigeria’s economy has received a significant boost with the Naira appreciating to N1,300 against the US dollar, sparking hope for a potential recovery. This development has...
The Economic and Financial Crimes Commission (EFCC) has launched a fresh crackdown on currency speculators and cryptocurrency platforms manipulating the naira. It was gathered that the...
The Chairman of the Nigerians in Diaspora Commission, Abike Dabiri-Erewa, has recounted how many party-goers in Lagos State were scared of spraying Naira at a party....
Nigeria’s Vice President, Kashim Shettima, has provided reassurance that the naira will maintain its upward trend against the United States (US) dollar. According to Shettima, ‘they...
The Federal Competition and Consumer Protection Commission (FCCPC) on Saturday released the findings of a comprehensive investigation into the factors driving the relentless increase in consumer...
Despite the Naira’s recent gains against major foreign currencies, prices of goods and services in Nigeria are unlikely to decrease anytime soon. This is because the...
The Nigerian Naira experienced a significant depreciation in the parallel foreign exchange market, ending its previous trend of appreciation. On Friday, the currency fell to ₦1,230...
The Nigerian Naira on Friday experienced a decline at the official exchange window, trading at ₦1,169.99 against the American dollar. According to the official trading platform...
The Naira declined to ₦1,100 per dollar in the parallel market on Tuesday, from ₦1,080 per dollar it traded the previous day. Reports revealed that the...
The Nigerian Naira, in a significant economic turnaround has shown remarkable strength against the US dollar, trading below ₦1,000 in some segments of the black market. This...
The value of the naira gained strength on Monday afternoon in the parallel market, having opened at ₦1,130 to the dollar in the morning. It was...