Naira gains for third straight day on official market, closes N1,534.9/$1 For the third consecutive day, the naira recorded some gain on Monday, closing at N1,534.9/$1...
Demand pressures: Official exchange rate settles at N1571.31/$1 as intra-day hits N1851/$1 The official exchange rate experienced a notable decline of 2.97%, settling at N1571.31 per US...
Exchange Rate: NERC to increase price of prepaid meters The Nigerian Electricity Regulatory Commission (NERC) is considering increasing the price of prepaid meters once again. This consideration...
FX crisis: Exchange rate for cargo clearance jumps to N1413.6 per dollar in 24hrs The exchange rate for cargo clearance witnessed a dramatic increase to N1413.6/dollar...
Vice President Kashim Shettima has issued a stern warning to individuals hoarding foreign currencies in anticipation of a further decline in the naira. Speaking at the...
Forex scarcity persists as naira tumbles to N930/$ at parallel market Foreign exchange scarcity on Wednesday led to a further depreciation of the naira in the...
Naira gains big over dollar at exporters window The dollar and naira exchange rate closed at N741.5/$1 at the official investor and exporter window on Monday....
Again, CBN devalues Naira, pegs new exchange rate The Central Bank of Nigeria (CBN) has devalued the Naira to N631 to the dollar from N461.6 it...
The presidential candidate of the All Progressives Congress (APC), Bola Tinubu, at the party’s presidential campaign rally in Calabar, Cross River State, slammed the President Muhammadu...
Chikelu Luke Nnazor is the Vice President of Berger Business Community in Lagos and Managing Director/Chief Executive Officer of Ken-Benz Auto Limited. He spoke with Dada...