Tag: Naira
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The Naira’s Recent Gains and the Road Ahead
The naira has made a remarkable recovery, gaining 34 per cent since mid-March after losing 43 per cent of its value against the US...
Naira Breaks its One-month Uptrend and Drops to N1,230/$ in Street Trade
The naira's surge since late March which had made it the best-performing currency in the world came to a stop on Friday when it...
Yahaya Bello Declared Wanted By EFCC, Nigerian Naira Stable in Black Market; April Sees 12% Surge – Trending Today
Hello and welcome! In today's trending news stories;
1. The Economic and Financial Crimes Commission (EFCC) has declared former Kogi State Governor Yahaya Bello wanted...
Data reveals CBN not protecting the naira with FX reserves
Data demonstrating the Central Bank of Nigeria's (CBN) seldom involvement in the foreign exchange market demonstrate that the CBN is not using its foreign...
Naira Trades Below N1000 Against Dollar in Some Black Market Segments
Following an Iranian strike on Israel, the naira appreciated versus major currencies on Monday, as demand for safe-haven assets soared. This saw the greenback...
