Hello and welcome! In today’s trending news stories; 1. Mrs. Oluremi Tinubu, wife of President Bola Tinubu, addressed a recent…
Browsing: Naira
Nigeria’s currency, the naira, gained 0.58 percent against the US dollar on Monday at the official foreign exchange (FX) as…
Reports reaching the News Chronicle indicate that cryptocurrency exchange, Binance has announced that it will cease providing all services related…
Due to ongoing outages in South Africa and problems with foreign exchange in Nigeria, MultiChoice Group Ltd. announced its third…
Following the Central Bank of Nigeria’s decision last week to raise the Monetary Policy Rate (MPR) by a record amount…
On predicting one thousand naira will exchange for a dollar in my first venture as a columnist in August 2021,…
Since the federal government’s foreign exchange reform went into effect eight months ago, customs charges paid on imported products have…
Hello and welcome! In today’s trending news stories; 1. President Bola Tinubu is set to visit Qatar with his two…
Since Olayemi Cardoso became governor, the Central Bank of Nigeria has issued N1.5 trillion in Open Market Operation (OMO) bills…
Following the free fall of the Nigerian Naira, Senator Ned Nwoko has called on his colleagues in the legislative arm…
Binance, the world’s leading cryptocurrency trading platform, has aligned with President Bola Tinubu’s administration to curtail Nigerians’ involvement in dollar-naira…
Hello and welcome! In today’s trending news stories; 1. The Economic and Financial Crimes Commission (EFCC) conducted another raid on…
The federal government has berated former vice president and presidential candidate of the PDP at the 2023 general election, Atiku…
Hello and welcome! In today’s trending news stories; 1. Manchester United forward Rasmus Hojlund has made history by becoming the…
In the face of Nigeria’s growing inflation rate and naira devaluation following the fuel subsidy removal, here are some steps…
Mr. Olumide Adedoyin, the Registrar of the Chartered Institute of Treasury Management (CITM), has suggested to the Federal Government that…
Hello and welcome! In today’s trending news stories; 1. President Bola Tinubu has congratulated Aliko Dangote, President and CEO of…
Amidst the persistent decline in the value of the naira, which presently stands at approximately N1,500 per dollar, the Central…
Hello and welcome! In today’s trending news stories; 1. Former Atiku Abubakar spokesman, Daniel Bwala, met with President Bola Tinubu…
Hello and welcome! In today’s news stories; 1. Edo State Deputy Governor, Philip Shaibu, is determined not to be intimidated…
A few days into the year, following a protracted period of steady decline in the unofficial market that saw the…
The Central Bank of Nigeria has issued a statement refuting any plans to redenominate the country’s currency scheduled for January…
For five years now, I have been advocating for our currency to be strong rather than for salaries to be…
Good morning! In today’s trending news stories; 1. Almost 3,600 casualties have been reported in Israel and Gaza, just four…
International remittances in Naira to mobile wallets are now powered by Thunes, a cross-border payments infrastructure provider, in collaboration with…
The naira looks to have resumed rapid decline, approaching N900/$ at the parallel market, barely a week after it started…
In the past week, the naira has edged closer to a 15% gain versus the dollar in the black market,…
On Wednesday, June 21, the American Dollar appreciated against the Nigerian Naira in all foreign currency (FX) market divisions, including…
Last week, the CBN’s Monetary Policy Committee decided to raise the benchmark interest rate by 50 basis points, to 18%.…
An illusion shared by everyone becomes a reality—Erich Fromm Two neighbours came before Jupiter and prayed to him to grant…