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CBN to Sanction Banks for Rejecting Old Dollar Notes

The Central Bank of Nigeria has issued a warning regarding the ongoing refusal of regulated entities...

July 3, 2024
Naira Appreciates To N1,485/$ In Parallel Market

The Naira saw an increase in value in the parallel market, on Thursday, rising to N1,485 per dollar...

June 21, 2024
Dollar Remains Strong,Political Uncertainty Weakens Euro

The dollar On Monday remained strong while the euro hovered near its lowest level in over a month, d...

June 17, 2024
IMF Reports Steady Decrease  of Dollar In International Reserves, Caution  Nontraditional Reserve Currencies
June 12, 2024

A new report from the International Monetary Fund (IMF) indicates that recent data from the Currency...

Naira May Reach N1,450 Against Dollar By December, Fitch Ratings Predicts
June 5, 2024

An international credit rating agency, Fitch Ratings, has forecast(ed) that the Nigerian currency, t...

Naira Strengthens to 1,339.33/$ at Official Market
May 28, 2024

The Naira strengthened to 1,339.33/$ by the end of trading on the official window on Monday, marking...

How Gov't Can Help Businesses Lower Production Costs
April 23, 2024

The appreciation of the Naira against major currencies does not always translate to lower prices of...

EFCC Crackdown on Cryptocurrency Lingers Amidst Dollar Rise
April 21, 2024

“The EFCC is going after all currency speculators to stabilise Nigerian forex. It is not only going...

Naira Bounces At 7.2% Against Dollar
April 13, 2024

The total daily turnover increased to $281.34 million on Friday up from $125.55 million recorded on...

Where Would Nigeria's Economy Be Without the Almighty Dollars?
April 6, 2024

The US dollar, the world's most dominant currency, holds a significant influence over the Nigerian e...

Senate Cautions Against Supplementary Budget, Excess Loans
March 18, 2024

“The crude oil is our major source of income and it is being sold in dollars. So, if we are to analy...

Senate Warns Against Supplementary Budget, Excess Loans
March 18, 2024

Senate warns against supplementary budget, excess loans

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