CBN to sanction banks, BDCs for rejecting old, lower dollar denomination
The Central Bank of Nigeria (CBN) has threatened to sanction banks and…
Naira suffers renewed pressure as Cardoso expresses confidence in stability
The naira saw a renewed pressure on Tuesday as the dollar traded…
Naira best-performing currency in April, to exchange below N1,000 per Dollar – Goldman Sachs
Goldman Sachs says the continued surge of the Naira against the Dollar…
Google puts Naira to Dollar exchange at ₦1,247 to $1
Popular search engine platform, Google has listed the Naira/Dollar rate as ₦1,247 to $1.…
Buy made-in-Nigeria goods to strengthen naira, Tinubu urges Nigerians
President Bola Tinubu on Friday urged Nigerians to patronise made-in-Nigeria products and…
Traders in massive food diversion to Niger Republic, Cameroon, others
In the face of the free fall of the naira to the…
EFCC clamps down on firms for issuing invoices in dollar
The Economic and Financial Crimes Commission (EFCC) Wednesday joined the battle to halt…
FG, CBN deny alleged plan to convert $30bn domiciliary account to naira
The Federal Government and Central Bank of Nigeria (CBN) have denied reported plans…
‘Dollar scarcity now scary,’ as naira slumps to N1,225/$ at parallel market
The naira, on Monday, continued its depreciation streak at the parallel section…
When the Naira is on a free-fall
One of the basic principles of economics that was ingrained in my…