The naira has made a remarkable recovery, gaining 34 per cent since mid-March after losing 43 per cent of its…
Browsing: Naira
The naira’s surge since late March which had made it the best-performing currency in the world came to a stop…
Hello and welcome! In today’s trending news stories; 1. The Economic and Financial Crimes Commission (EFCC) has declared former Kogi…
Data demonstrating the Central Bank of Nigeria’s (CBN) seldom involvement in the foreign exchange market demonstrate that the CBN is…
Following an Iranian strike on Israel, the naira appreciated versus major currencies on Monday, as demand for safe-haven assets soared.…
Hello and welcome! In today’s trending news stories; 1 Following an attempt by Yoruba Nation agitators to take over the…
Silence they say is golden, but this does not apply to all situations. It is always very important to share…
Hello and welcome! In today’s trending news stories; 1. Prominent Nigerian political figures, including President Bola Tinubu, Ebonyi State Governor…
The naira surged against the US dollar, reaching its highest point since its devaluation in January. Bolstered by growing confidence,…
The Nigerian naira has appreciated to N1,278.58 against the United States dollar from N1,309.39 per dollar recorded last week Thursday,…
Hello and welcome! In today’s trending news stories; 1. Dangote Refinery has begun supplying petroleum products to the local market.…
Nigeria is blessed with vast natural resources and rich environments. It is generously endowed with productive land and valuable natural…
Prophet Chukwuemeka Ohanemere, popularly known as Odumeje, of the Mountain of Holy Ghost Intervention and Deliverance Ministry, has boasted that…
Hello and welcome! In today’s trending news stories; 1. A counter-insurgency expert and security analyst, Zagazola Makama, shared a viral…
The Central Bank of Nigeria (CBN) sold dollars to the Bureau De Change (BDC) Operators for N1,251, which resulted in…
Nigeria’s naira strengthened on Thursday at the official foreign exchange market, reaching a two-month high of N1,382.35 per dollar. This…
Special Adviser on Information and Strategy to president Bola Ahmed Tinubu, Bayo Onanuga, has warned forex speculators to dump dollars…
The Central Bank of Nigeria (CBN) said on Wednesday that it had finally paid off all legitimate foreign exchange backlogs,…
Since the Central Bank of Nigeria (CBN) cleared all foreign currency (FX) backlog, the value of the naira has steadily…
Tuesday’s closing rate for the Nigerian Autonomous Foreign Exchange (NAFEM) was N1560.57 to $1, indicating a significant increase. Compared to…
The naira strengthened to N1,572.86 per dollar on the official market on Monday, following N1,602.75/$1 on Friday, signaling a…
Hello and welcome! In today’s trending news stories; 1. The Defence Headquarters released the names of 17 military personnel killed…
This week, the naira is predicted to stabilize even more as demand pressure moderates and the supply of dollars declines.…
On Tuesday, the naira appreciated 0.90 percent versus the dollar due to a rise in supply at the official foreign…
Hello and welcome! In today’s trending news stories; 1. Mrs. Oluremi Tinubu, wife of President Bola Tinubu, addressed a recent…
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,…