Naira

Falling naira: EFCC threatens to arrest dollar hoarders

The Economic and Financial Crimes Commission has threatened to arrest Nigerians hoarding dollars and other foreign currency. Chairman of the…

4 years ago

Naira strengthens to N665/$ at parallel market — days after EFCC raided BDC hub

The naira, on Tuesday, sustained its momentum at the parallel market, appreciating to N665 per dollar a few days after…

4 years ago

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…

4 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…

4 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…

4 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…

4 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,…

4 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…

5 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…

5 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…

5 years ago