Tag: CURRENCY, DOLLAR, Federal government, NAIRA, News, Nigeria, NNL, NOLLYWOOD ACTRESS
Mercy Aigbe laments exchange rate
Nationnewslead report that Popular actress Mercy Aigbe-Adeoti has lamented the increase in the exchange rate. Aigbe groaned over the...
BREAKING: Naira Crashes Massively, Closer To N600/$1 Amid CBN Various Interventions
Despite the CBN’s various interventions, the Naira has Crashed Massively and is now closer to N600/$1. Despite the Central Bank of Nigeria’s several...
Massive job cut looms as dollar hits N590, forex scarcity bites harder
The lingering foreign exchange scarcity in the country has continued to worsen even as the exchange rate on the parallel market is inching towards N590/$1,...
Naira slides again, exchanges for 417.51/dollar
The naira continued its downward trend as the dollar was sold for N417.51 at the official market on Thursday. This was contained in data obtained from the...
CBN defends naira with $2.1bn, suffers marginal depreciation
The Central Bank of Nigeria, CBN, in a bid to defend the naira, injected $2.1 billion into the Investors and Exporters (I&E) window, in the seven...
Naira sinks to 530 against dollar, pound hits N720
The naira plunged to a fresh record low against the dollar, the British pound sterling and euro on Thursday amid the lingering scarcity of foreign exchange...
Naira falls to all-time low of 527 against dollar
The naira extended its decline on Monday, sliding to an all-time low of 527 against the dollar at the parallel market. The local currency, which has been...
Naira weakens further to 517 against dollar
The naira fell further against the dollar at the parallel market on Wednesday after staying steady at 515/$ in recent days. The local currency fell to 517...
Naira tumbles to 515 as dollar scarcity persists
The naira pared some of its recent gains against the dollar at the parallel market on Wednesday amid the lingering scarcity of the greenback in the...
Naira strengthens to 512/$1, banks sell dollar for N412
The naira appreciated against the dollar at the parallel market on Monday as deposit money banks set up foreign exchange teller points for customers in...
Banks commence N6.98 USSD charge, customers kick
Some banks have notified their customers that they will start charging them N6.98 for every USSD transactions. However, experts have said that excessive...
Panic buyers push naira to N502/$1 on parallel market
The naira on Friday exchanged at N502 to dollar on the parallel market as panic buyers piled pressure on the local currency. The naira lost N3/$1 when...
Naira crashes to N493/$ at parallel market
This is not the best of times for the naira. It crashed yesterday to N493/$ at the parallel market, losing N12 to the dollar within 24 hours. It closed on...
Experts fear inflation as CBN further devalues naira to 410.25/$
The Central Bank of Nigeria officially devalued the naira to 410.25/$ after the country’s currency defied all interventions to retain its value. However,...
Naira falls to 485/$, BDCs warn speculators of losses
The Nigerian currency weakened against the United States dollar on Friday at both the parallel market and the investors’ and exporters’ window. The...
