AdminJul 25, 20161 min readNaira stable against dollar as CBN meets over economyThe Nigerian currency maintained N378 to the dollar at the close of trading on Monday afternoon, keeping same value as at Friday. Also,...
AdminJul 23, 20161 min readNaira crashes further against major currenciesAt the parallel market, the naira shed three points to exchange at N378 to the dollar at the close of trading on Friday afternoon,...
AdminJul 20, 20161 min readNaira continues drop against dollarThe Nigerian currency, which lost three points on Tuesday to exchange at N368 from N365 on Monday, also traded at N368 to the dollar on...
AdminJul 11, 20161 min readNaira weakens slightly against dollarThe Nigerian currency shed 1 point to trade at N353 by midday, from N352 it traded on Friday. However, the Naira hedged against the Pound...
AdminJun 28, 20161 min readDevaluing naira will not benefit Nigeria – BuhariThis is despite the implementation of the flexible exchange rate policy, which has resulted in the devaluation of the nation’s currency....
AdminJun 20, 20161 min readNaira slumps to 260/$1 at interbank marketFollowing the decision of the Central Bank of Nigeria to allow market forces determine the value of the naira, the interbank market on...
AdminMay 23, 20161 min readNaira depreciation calls for urgent introducton of Biafran currency in Igboland – MASSOBThis was part of the statement released by MASSOB’s Anambra North Director of Finance, Mr Martins Ezeala, in Onitsha, Anambra State on...
AdminMay 18, 20161 min readNaira strengthens further against dollarThe Pound Sterling and the Euro also traded between N480 and N488 and N380, N385 against the naira, respectively. Meanwhile the official...
AdminMay 12, 20162 min readNigeria ready to devalue naira – OsinbajoHe told investors, “We expect that with a more flexible policy, we will be able to attract more capital into the system and ease...
AdminMay 6, 20161 min readNaira remains at N321 to dollar at parallel marketThe News Agency of Nigeria (NAN) reports that the Naira remained stable at N321 for almost a week. However, the Pound Sterling and the...
AdminApr 27, 20161 min readNaira drops parallel market; Dollar, Pound Sterling, Euro now N320.5, N457, N361 respectivelyThe News Agency of Nigeria (NAN) reports that the naira lost 50 kobo on Wednesday afternoon, from N320 it traded on Monday. However, the...
AdminApr 25, 20161 min readNaira exchanges at N320 to dollar at parallel marketThe News Agency of Nigeria (NAN) reports that the value of the Naira on Monday afternoon remained the same as its rate at the weekend....
AdminApr 18, 20161 min readNaira sells at N322 to dollar at parallel marketThe News Agency of Nigeria (NAN) reports that the currency was stable in the previous week, maintaining value of between N315 and N320 to...
AdminApr 4, 20161 min readNaira sells at N321 to dollar at parallel market, N197 at CBNThe News Agency of Nigeria (NAN) reports that the nation’s currency has maintained this value since April 1. The Naira, however, slide...
AdminMar 30, 20161 min readNaira remains N322 to dollar two days after Easter breakIt also remained firm against the two other major currecies, the pound sterlin which exchanged at N448 and the \euro which sold for N355....
AdminMar 29, 20161 min readU.S to pressurize Nigeria on naira devaluation this weekIn a move that suggests pressing for devaluation of the Nigerian currency, the U.S Assistant Secretary of State for Africa, Linda...
AdminFeb 25, 20163 min readIf Buhari doesn’t act now, those sabotaging the naira may return to business – Ubah warnsThe businessman, who warned that the saboteurs responsible for the decline in the value of the Naira “might still go back to their old...
AdminFeb 23, 20161 min readNaira now N364 to $1The Naira further gained N6 on Tuesday, trading at N364 to the dollar at the parallel market following President Muhammadu Buhari’s...
AdminFeb 23, 20163 min readNaira is already devalued – Professor UtomiThe Tribune quoted Utomi as saying yesterday that the Nigerian government could not shy away from the rate of the currency at the...
AdminFeb 22, 20161 min readNaira trades N370 to dollar at parallel marketThe News Agency of Nigeria (NAN) reported that the Naira sold at N390 to one dollar on Feb 19. However, it closed at N199.50 to the...
