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Naira

Anxieties Rise as Dollar Sells for 455 NAIRA In black Market
BANKING

Crumbling Naira value raises fear of hyper-inflation

September 13, 2021 Tosan Olajide

Crumbling Naira value raises fear of hyper-inflation – There are growing concerns that unless drastic measures are urgently taken, the current unprecedented downward spiral of the […]

Anxieties Rise as Dollar Sells for 455 NAIRA In black Market
ECONOMY

Naira Loses 0.21% to Trade N411.67/$1 at I&E

August 17, 2021 Sam Gabriel

Naira Loses 0.21% to Trade N411.67/$1 at I&E – The Naira started the new trading week on a wrong note as it depreciated against the Dollar […]

Naira dollar rates3
ECONOMY

Nigerian Naira falls to N510/$ at parallel market

August 10, 2021 Cynthia Charles

Nigerian Naira falls to N510/$ at parallel market – THE Nigerian local currency yesterday lost N5 to close at N510/$1 at the parallel market over rising […]

Naira dollar rates2
ECONOMY

Naira Now N508/$1 at Unregulated FX Market as Pressure Eases

August 4, 2021 Tosan Olajide

Naira Now N508/$1 at Unregulated FX Market as Pressure Eases – The value of the Naira against the United States Dollar at the black market has […]

Anxieties Rise as Dollar Sells for 455 NAIRA In black Market
ECONOMY

Nigerian Naira Loses against USD at Parallel Market as CBN Stops dollar Sales to BDCs

July 30, 2021 Sam Gabriel

Nigerian Naira Loses against USD at Parallel Market as CBN Stops dollar Sales to BDCs – In the just concluded week, Naira depreciated against the greenback […]

Naira dollar rates3
ECONOMY

Nigeria’s Central bank orders banks to create teller points for foreign exchange transactions

July 29, 2021 Tosan Olajide

Nigeria’s Central bank orders banks to create teller points for foreign exchange transactions – The Central Bank of Nigeria, CBN, has ordered Deposit Money Banks, DMBs […]

CBN bankers committee orders Access Bank, others to Suspend mass sack
BANKING

Nigeria central bank says e-naira will make transactions cheaper

July 28, 2021 Tosan Olajide

Nigeria central bank says e-naira will make transactions cheaper – The Central Bank of Nigeria (CBN) has said that transactions will be cheaper to conduct […]

Naira dollar rates3
BANKING

Naira falls to new lows As CBN Channels N2.3tn Forex Sales to Commercial Banks

July 28, 2021 Cynthia Charles

Naira falls to new lows As CBN Channels N2.3tn Forex Sales to Commercial Banks – The naira to dollar exchange rate dipped to N505 to one […]

Anxieties Rise as Dollar Sells for 455 NAIRA In black Market
BANKING

Falling Naira Value Forces Businesses, Companies To black Market

July 13, 2021 Tosan Olajide

Falling Naira Value Forces Businesses, Companies To black Market – With the value of the naira further declining to N504 to the dollar, businesses and corporates […]

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