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...
The Nigerian Naira saw a significant appreciation against the US dollar on Friday, as it strengthened in both the official and parallel segments of the foreign...
The Nigerian National Petroleum Company Limited (NNPCL) is set to increase its gas output, targeting both local and international markets. This strategic move is promised to...
Nigerians have continued to celebrate as the naira appreciated to ₦1,200/dollar at the parallel section of the foreign exchange market on Tuesday. Naija News gathered that...
The Presidency has backed the efforts of the Yemi Cardoso-led Central Bank of Nigeria (CBN) to stabilise the Naira against the Dollar. It said the recent...
The Central Bank of Nigeria (CBN) announced on Monday that it had sold dollars to Bureau De Change operators. Naija News reports that CBN disclosed this...
The Naira’s depreciation over recent months has led to significant setbacks in the West African market, with trans-border traders increasingly rejecting the Nigerian currency in favor...
The Economic and Financial Crimes Commission (EFCC) has described as reckless comments made by a former Chairman of the National Human Rights Commission, Chidi Odinkalu, over...
The Nigerian Naira experienced a notable appreciation, reaching ₦1,245 per dollar in the parallel market on Friday, surpassing the official and Bureau De Change (BDC) segments’...