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The naira, on Friday, appreciated to N1,280 per dollar at the parallel section of the foreign exchange (FX) market. The current FX rate signifies...
The presidency believes patronage of made-in-Nigeria products is key to strengthening the naira and wants citizens to buy goods produced in the country to make...
The house of representatives has called for a review of the 2024 budget projections owing to the free fall of the naira in the past...
The Central Bank of Nigeria (CBN) says there are no plans to convert $30 billion deposits in domiciliary accounts to naira. A report, on...
The senate committee on banking, insurance and other financial institutions has summoned Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), over the “free...
1. The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has assured Nigerians that the ongoing plan by the Federal...
1. The Nigerian naira has weakened by 40 percent since the mid June 2023 devaluation, making it one of the worst-performing currencies in Sub-Saharan Africa,...
The World Bank has listed the Nigerian naira among the worst-performing currencies in Africa. According to World Bank, the naira weakened by nearly 40% against...
The Central Bank of Nigeria (CBN) says new measures will be taken to stabilise the naira against the dollar. Folasodun Sonubi, acting governor of the...
1. The naira appreciated by 1.79 per cent against the United States dollar on the Investor & Exporter forex window on Tuesday, closing at N756.61/$....
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