The Central Bank of Nigeria (CBN) has officially devalued naira as a result of its introduction of the new Nigerian Autonomous Foreign Exchange (NAFEX). The CBN...
Nigeria currency, Naira on Monday fell as the local currency market struggled due to the scarcity of US dollars. One dealer at a top-tier Nigerian bank...
The General Overseer of the Redeemed Christian Church of God (RCCG) Pastor Enoch Adeboye has prayed to God to intervene in Nigeria’s financial sector. Naija News...
The Nigerian naira has recorded appreciable progress against the US dollar, currently trading at around N470-N480 to one dollar depending on location as at December 2,...
The dollar to naira exchange rate has become an issue of interest to businessmen, economy watchers and even the average Nigerian citizen. At the beggining of...
The Nigerian economy will recover by 2% in 2021, the Central Bank, Godwin Emefiele governor said on Friday. Naija News recalls that Nigeria plunged into an...
Despite the Central Bank of Nigeria warning black market operators about impending doom, the Naira plunged even further at the parallel market or black market to...
The Nigerian Naira remained under pressure across the nation’s black market despite the Central Bank of Nigeria (CBN) saying it has enough financial muscle to support...
The recent news of recession in Nigeria is not a blind date. It is a forecast that has been studied, reported and expect to receive a...
The Naira depreciated further at the black market after a report showed Nigeria’s economy contracted by 3.62 percent in the third quarter to eventually plunged into...
Naira declined further on Wednesday as liquidity remained a challenge at the black market. The Nigerian Naira depreciated by N3 to N478 against the United States...
Surged in demand for the United States Dollar across key foreign exchange markets has plunged the Nigerian Naira value to a 12-week low at the black...
The Naira declined further against other global currencies at the black market on Thursday, according to various currency traders. The local currency extended its decline against...
A court in Lagos, Nigeria, is set to hear a lawsuit filed by a lawyer, Malcolm Omirhobo seeking to force the Central Bank of Nigeria (CBN)...
The Central Bank of Nigeria has said no to a lawsuit seeking to have the Ajami (Arabic) inscriptions on Naira notes remove. The apex bank had...
Naira Slides Against the US Dollar, Euro, Pound at Black Market on Monday The Nigerian Naira exchanged at N465 to a United States dollar on the...
Naira Gained Slightly Against US Dollar, Euro on Friday The Naira gained N1 against the American Dollar on Friday to trade at N464 on the black...
Naira Exchange Rate Dropped Against US Dollar, Others Again, the Naira declined against the United States Dollar at the black market to exchange at N465, the...
Naira Continues Its Downward Trend Against US Dollar, British Pound The Nigerian Naira slid further against the United States Dollar and British Pound at the black...
Naira Declines Against US Dollar, Euro at the Black Market The Naira depreciated slightly against key global counterparts on Tuesday across the nation’s black markets as...