Tag: Naira
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JUST IN: Binance Exits Nigeria, Suspends All Naira Services
Reports reaching the News Chronicle indicate that cryptocurrency exchange, Binance has announced that it will cease providing all services related to the Nigerian naira...
MultiChoice suffers its third consecutive loss due to Naira decline
Due to ongoing outages in South Africa and problems with foreign exchange in Nigeria, MultiChoice Group Ltd. announced its third consecutive semi-annual loss.
The largest...
Naira will continue to rise in response to CBN policy
Following the Central Bank of Nigeria's decision last week to raise the Monetary Policy Rate (MPR) by a record amount among other policies intended...
Speculators And The Naira
On predicting one thousand naira will exchange for a dollar in my first venture as a columnist in August 2021, and the prediction coming...
Cost of clearing imports increased by 93% when the naira declined
Since the federal government's foreign exchange reform went into effect eight months ago, customs charges paid on imported products have increased by almost 93%...
