Tag: dollar

CBN to sanction banks, BDCs for rejecting old, lower dollar denomination

The Central Bank of Nigeria (CBN) has threatened to sanction banks and

Kayode Ogundele Kayode Ogundele

Naira suffers renewed pressure as Cardoso expresses confidence in stability

The naira saw a renewed pressure on Tuesday as the dollar traded

Adebari Oguntoye Adebari Oguntoye

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.

Kayode Ogundele Kayode Ogundele

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

Adebari Oguntoye Adebari Oguntoye

Traders in massive food diversion to Niger Republic, Cameroon, others

In the face of the free fall of the naira to the

Adebari Oguntoye Adebari Oguntoye

EFCC clamps down on firms for issuing invoices in dollar

The Economic and Financial Crimes Commission (EFCC) Wednesday joined the battle to halt

Adebari Oguntoye Adebari Oguntoye

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

Adebisi Aikulola Adebisi Aikulola

‘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

Adebisi Aikulola Adebisi Aikulola

When the Naira is on a free-fall

One of the basic principles of economics that was ingrained in my

Kazeem Akintunde Kazeem Akintunde