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October 7, 2026 - 6:30 PM

Tag: Naira

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CBN Rate Hike And Trump Tariffs Leave Naira Steady In Black Market

Following the CBN's interest rate hike, the Nigerian naira was strong in the official currency market but lukewarm in the illicit market. According to FMDQ...

Naira Will Close 2024 At 1,621.7/$ Due To Persistent Pressure

The Nigerian naira is expected to decline to N1,621.7 to the US dollar by the end of the year despite the Central Bank of...

Trump’s Return To The Presidency Will Put The Naira Through An “Acid Test”

As the U.S. dollar rises following Donald Trump's return to the presidency, the Nigerian currency is preparing for difficulties. Last Friday, the official market saw...

Naira Struggles In The Official Market, As The US Dollar Index Recovers

Following Wednesday's sell-off, the U.S. dollar index rebounded, causing the Nigerian currency to decline modestly on the official market. On Wednesday, October 30, 2024, the...

Cardoso Concedes That Raising Interest Rates To 27.75% Hurts Borrowers

Yemi Cardoso, the governor of the Central Bank of Nigeria (CBN), has admitted that the interest rate increase to 27.25% is "painful" for borrowers,...

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Over 22,000 Arms Recovered Across Nigeria in 10 Years – NCCSALW

The National Centre for the Control of Small Arms...

NBA Calls for End to Torture, Deaths in Nigeria’s Detention Centres

The Nigerian Bar Association (NBA) has called for tougher...

Kari, Tinubu – APC and Nigeria’s Years of Devaluation

Whenever I think about 2015, I remember two births....

2027: INEC Seeks Traditional Rulers’ Support to Clear 200,000 Uncollected PVCs in Ondo

The Independent National Electoral Commission (INEC) in Ondo State...

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