Naira

Naira gains further, trades at N530 per dollar

The naira on Thursday appreciated further against the dollar at the parallel market, trading at N530 per dollar. The naira…

3 years ago

Naira will fall from N570/$1 to N400/$1 at black market if… – CBN ex-deputy gov, Moghalu

A former Deputy Governor of the Central Bank of Nigeria, Kingsley Moghalu, says the value of the naira will fall…

3 years ago

CBN: No plan to convert domiciliary accounts into naira

The Central Bank of Nigeria (CBN) has denied a claim that it directed banks to convert all customers’ domiciliary accounts…

3 years ago

Updated: Concern mounts as naira falls to ₦550 per dollar

The naira has continued its free fall against the United States dollar and other major currencies as it traded between…

3 years ago

FG to recover millions of naira wrongly paid to 588 Doctors

The Federal Government will recover millions of naira wrongly paid to 588 medical doctors across the country. Minister of Labour…

3 years ago

CBN gets EFCC, police support to punish naira abusers

The Central Bank of Nigeria says it is working with the police, the Economic and Financial Crimes Commission, the Federal…

3 years ago

Naira crashes again, goes for N502/$1 on parallel market

The naira on Friday exchanged at N502 to one dollar on the parallel market due to what finance experts termed…

3 years ago

CBN pegs exchange rate at N410/$1, after adopting NAFEX

The Central Bank of Nigeria (CBN) has adopted the Nigerian Autonomous Foreign Exchange (NAFEX) rate and updated its website to…

3 years ago