Tag: Naira
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Smartcash PSB And Thunes Collaborate To Launch Naira-Denominated Remittances
International remittances in Naira to mobile wallets are now powered by Thunes, a cross-border payments infrastructure provider, in collaboration with Airtel Nigeria's subsidiary Smartcash...
Naira Continues Its Spectacular Decline, Falling To N890/$ On The Parallel Market
The naira looks to have resumed rapid decline, approaching N900/$ at the parallel market, barely a week after it started showing some gains.
After...
Naira Increases By Nearly 15% As Dealers Sell Dollars And Record Losses
In the past week, the naira has edged closer to a 15% gain versus the dollar in the black market, last night's trading in...
Naira Drops To N763.17 Per $1 In I&E And N785 Per $1 In P2P
On Wednesday, June 21, the American Dollar appreciated against the Nigerian Naira in all foreign currency (FX) market divisions, including the Investors and Exporters...
CBN’s Higher Lending Rate Will Hike Construction And Material Costs
Last week, the CBN's Monetary Policy Committee decided to raise the benchmark interest rate by 50 basis points, to 18%. The minor rise, according...
