Naira

Senate to invite Emefiele over naira devaluation

The Senate, on Wednesday, resolved to summon the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, to educate…

2 years ago

Naira gains marginally against dollar, exchanges at 419

The Naira on Wednesday exchanged at 419 to the dollar at the Investors and Exporters window, compared to 419. 50…

3 years ago

Naira falls across markets •Forex reserves drop to $38.59 billion

Nigeria’S foreign reserves have dropped to $38.59 billion as the Central Bank of Nigeria (CBN) continued its currency float management…

3 years ago

Naira drops to N570/$1 on high forex demand

The naira has weakened against the dollar at the parallel market, trading at N570 amid demand for the currency during…

3 years ago

Naira slides ahead of Yuletide, exchange for 570/dollar

The naira continued its downward trend as the dollar was sold for N570 in the parallel market on Tuesday. Operators,…

3 years ago

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