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Economy
Intraday high hits N1,137 as naira weakens marginally at official market
The intraday high recorded was N1137/$1 as the naira fell marginally against the U.S.…
CBN to introduce new FX laws and guidelines to tackle Naira depreciation — Cardoso
Governor of Central Bank of Nigeria, CBN, Mr Yemi Cardoso has stated that the apex bank…
Naira’s rapid depreciation continues as NAFEM closing rate hits N956.33/$
The naira fell to a new low on Thursday, closing at N956.33 per dollar in the…
Fresh Naira scarcity hits Kano, Sokoto, Edo, others
Despite recent assurances by the Central Bank of Nigeria that there is enough naira in…
Forex turnover hits $198.21 million as Naira drops to N840.53/$1 at the official…
Forex turnover rose by 61.86% to hit $198.21 million as the naira further crashed…
Nigeria’s inflation rises to 27.3%
The National Bureau of Statistics (NBS) on Wednesday, November 15, announced that the headline…
CBN Extends Use Of Old N200, N500, N1000 Notes Indefinitely
The Central Bank of Nigeria,CBN,has extended the s Use Of Old N200,…
KPMG projects Nigeria’s inflation rate to reach 30% by December 2023
Global financial advisory service firm, KPMG has stated that headline inflation in…
Naira falls again as exchange rate falls across board
The naira fell against the U.S. dollar at both the official and parallel market on…
Naira falls to N869/$1 against dollar at NAFEM but gains at parallel market
The exchange rate between the naira and dollar fell to 869.91/$1 on Tuesday at the…