AdminFeb 22, 20161 min readI will restore naira back to N200/$ in one month – Capital Oil boss, Ubah tells BuhariSpeaking with Channels Television, Ubah, however, dismissed the insinuation that the short fall in naira was as a result of the...
AdminFeb 20, 20161 min readBuhari again rules out naira devaluationBuhari made the assertion while contributing to a Presidential Panel Roundtable on Investment and Growth Opportunities at the opening of...
AdminFeb 17, 20161 min readNaira drops further to 385 per dollarThe naira on Wednesday dropped further to N385 per dollar in the parallel market as demand for foreign exchange intensified in the...
AdminFeb 13, 20161 min read​Naira dips to worst low, now N338 to $1This is as the Bankers Committee announced its decision to stop providing foreign exchange for school fees and medical bills payment. The...
AdminFeb 12, 20161 min readMan sentenced to seven years in prison for printing fake nairaDelivering his judgement, Justice Buba, also ordered the forfeiture of the machine used by Onwuso in printing the fake currency to the...
AdminFeb 8, 20161 min readNaira remains stable at N310 to dollar at parallel marketThe Naira on Monday remained stable, exchanging for N310 to the dollar at the parallel market. It previously exchanged between N305 and...
AdminFeb 6, 20161 min readNaira hits all time low, now N310 to dollarThe Nigerian currency traded at N307 at the close of market on Thursday, showing a depreciation of one per cent. However, it maintained...
AdminFeb 3, 20161 min readNaira hits 307 per dollarThe Naira lost N2 to exchange at N307 to a dollar against N305 traded on Tuesday. It had relatively remained stable in the past weeks....
AdminJan 26, 20161 min readCBN forecloses naira devaluation, to lower interest ratesThe CBN Governor, Mr Godwin Emefiele explained after the MPC meeting that interest rates would be lowered to ease liquidity in the...
AdminJan 8, 20161 min readNaira strengthens against the dollarNAN reports that the Naira appreciated by 0.4 per cent on Friday afternoon as it exchanged for N277 against the dollar from N278 it...
AdminJan 4, 20161 min readNaira weakens against dollar at parallel marketThe Naira on Monday depreciated by 0.8 per cent to exchange at N265 to the dollar at the parallel market. The News Agency of Nigeria...
AdminDec 18, 20151 min readNaira strengthens against dollar at parallel marketThe Nigerian naira on Friday strengthened against the dollar after weeks of record free fall at the parallel market. The currency gained...
AdminNov 14, 20151 min readEconomists urges Buhari to resist devaluation of the nairaNAN #buhari #naira
AdminSep 18, 20151 min readNaira firms against the dollar, othersThe development, according to Mr Abubakar Audu, a trader at the parallel market, follows the Central Bank of Nigeria (CBN)’s sale of...
AdminAug 10, 20151 min readNaira depreciates further to 225/$ at parallel marketSimilarly, the currency was traded at N341 to a pound sterling while one Euro was traded for N243. The News Agency of Nigeria (NAN),...
AdminJul 16, 20152 min readGlobal rating agency advises CBN to devalue nairaThe agency which disclosed this on Wednesday however pointed out that it saw the adjustments as likely to be gradual. According to S&P’s...
AdminJul 13, 20152 min readFG pegs $1 at N160 for intending pilgrims to Israel, Saudi ArabiaOpara made this known in Abuja on Monday while briefing State House correspondents shortly after briefing President Muhammadu Buhari on...
AdminJul 4, 20153 min readWhy we won’t devalue naira – CBNThe apex bank in a statement signed by its Director, Corporate Communications, Mr. Ibrahim Mu’azu, maintained that the CBN does not panic...
AdminJun 19, 20151 min readNaira depreciates against major currenciesThe Naira on Friday at the parallel market depreciated against three international currencies at the close of trading for the week. A...
