Nigeria’s Foreign Reserves Drop by Over $600M in First 18 Days of Tinubu’s Presidency.
Nigeria's foreign reserves have been experiencing a rapid decline, reaching one of its lowest levels, shedding an additional $600 million ...
Tag: Naira
CBN Plans Further Loosening of Controls to Determine New Naira Level
Dr. Kingsley Obiora, the Deputy Governor of the Economic Policy Directorate at the Central Bank of Nigeria (CBN), has revealed ...
Aliko Dangote’s Wealth Drops by N1.45 Trillion Following Naira’s Exchange Rate Change
Nigerian business tycoon and Africa's wealthiest individual, Aliko Dangote, has experienced a significant decline in his wealth, totaling N1.45 trillion ...
Nigeria’s Currency Float: Implications for the Economy and Future Growth
Nigeria has recently taken a momentous step by officially floating its naira currency after years of adhering to a hard ...
CBN Denies Naira Devaluation Amidst False News Reports by Daily Trust.
The Central Bank of Nigeria (CBN) has issued a press release today to dismiss recent claims made by the Daily ...
Currency Shifts and Crypto Concerns: The Rising Naira and Falling Stable coins.
The financial landscape is ever-evolving, and recent developments in Nigeria's currency market and the declining stability of stablecoins have caught ...
Nigeria’s Leading Crypto Marketplace Patricia Suffers Severe Security Breach
Patricia, a prominent cryptocurrency marketplace in Nigeria, has fallen victim to a significant security breach that has compromised its financial ...
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