Tag: Naira
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Naira Holds Steady Despite Dollar Recovery and Global Market Tensions
The Nigerian naira held firm in the parallel market, staying within the N1,600–N1,605 per dollar range, even as the U.S. dollar regained strength globally.Â
The...
Naira Weakens to N1,600 as U.S. Dollar Index Hits Lowest Point Since 2022
The Nigerian naira has depreciated to N1,600 per U.S. dollar in the official foreign exchange market, marking a significant downturn from its previous rate...
CBN Intervenes with Dollar Supply to Stabilize Naira Amid Global Tariff Shock
The Central Bank of Nigeria (CBN) made its first major foreign exchange intervention of 2025 on Friday, injecting $197.71 million into the official market...
Dozens Killed in Renewed Attacks in Plateau | NYSC May Be Extended to 2 Years
Hello and welcome! In today's trending news stories;
1. Between March 28 and April 2, 2025, brutal attacks by gunmen on motorcycles devastated multiple communities...
Naira Slides Amid Heightened Global Trade Tensions Following U.S. Tariff Hike
The Nigerian naira significantly dropped against the U.S. dollar on Thursday, shortly after President Donald Trump's administration imposed a sweeping 10% increase in global...
