Tag: Naira

The US dollar has experienced a significant decline against the Nigerian naira on the cryptocurrency exchange platform Binance, sparking considerable ...

In recent developments in Nigeria's foreign exchange market, the Central Bank of Nigeria (CBN) has taken significant steps to address ...

The Nigerian economy is currently facing significant challenges, particularly with the ongoing FX crises and the depreciation of the Naira. ...

The International Monetary Fund (IMF) has issued a cautionary forecast, predicting a potential 35% depreciation in the official exchange rate ...

In a bid to curb the activities of currency speculators and stabilize the exchange rate, Nigerian banks have sold approximately ...

The Nigerian naira witnessed mixed fortunes in forex markets on Tuesday, February 20th, 2024, with the official exchange rate settling ...

A combination of economic and political factors has contributed to the weakening of several African currencies, including the naira in ...

Former Vice President Atiku Abubakar has launched scathing criticism against the government of President Bola Tinubu, attributing Nigeria's deepening economic ...

In a week marked by fluctuating forex dynamics, the Nigerian Naira showcased its resilience amidst shifting market conditions. Despite a ...

In a significant development, Nigeria's currency, the Naira, soared to a historic high against the US dollar, reaching N1,607 in ...