Foreign reserves hit $42.8bn as naira appreciates to N1,455/$ The Naira continued its upward trajectory this week, closing stronger at N1,455.5 per US dollar on Friday,...
Two men arrested with $6.1m cash at Lagos airport Authorities have identified the two travellers apprehended with $6.1 million in cash at the Murtala Muhammed Airport Terminal...
Forbes: Elon Musk on track to become the world’s first trillionaire Elon Musk is halfway to making history as the world’s first trillionaire, according to Forbes....
Naira rallies to N1,455/$; reserves hit $43bn The positive rally of the local currency against the dollar continued yesterday with the naira exchanging at N1,455 to one...
Naira exchanges for N1,495/$, 27-week high The Naira appreciated to N1,495 per dollar in the Nigerian Foreign Exchange Market (NFEM), the highest level in 27 weeks since...
Naira gains against dollar in parallel, official markets The naira strengthened against the US dollar in both the parallel and official foreign exchange markets on Friday....
FG bars MDAs from initiating dollar contracts The Federal Government has barred all Ministries, Departments, and Agencies (MDAs) from entering into contracts denominated in foreign currency, introducing...
Naira falls to N1,532.34/$ despite CBN’s intervention The Nigerian naira ended the past week on a slightly weaker note, recording a 0.14% depreciation against the U.S....
Dollar sells for N1,590 on parallel market The naira yesterday appreciated to N1,590 per dollar in the parallel market from N1,595 per dollar on Tuesday. Similarly, the...
Naira bounces back against dollar, exchanges at N1,586/$ The Nigerian currency, Naira, appreciated by ₦4.59 against the U.S. Dollar on Thursday, closing at ₦1,586.15 at the official foreign...
