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Home » Naira

Tag Archives: Naira

Naira May Drop Below ₦1,000/$1 Before Year-end — Otedola

Posted on February 12, 2026February 12, 2026 by GISTSMATE MEDIA

Billionaire businessman Femi Otedola has said he believes the Nigerian naira could trade below ₦1,000 to one US dollar before […]

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FLASH: CBN Urged To Introduce N10,000, N20,000 Notes

Posted on October 30, 2025October 30, 2025 by GISTSMATE MEDIA

A new economic review by Quartus Economics has called on the Central Bank of Nigeria (CBN) to introduce higher-value currency […]

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Naira Ranks Ninth Weakest Currency In Africa

Posted on September 27, 2025September 27, 2025 by GISTSMATE MEDIA

The Nigerian Naira has been ranked as the ninth weakest currency in Africa, according to a Forbes currency calculator report […]

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BUA Boss Predicts Naira Will Strengthen To N1,300 By Year-end

Posted on September 25, 2025September 25, 2025 by GISTSMATE MEDIA

Abdul Samad Rabiu, president of BUA Group, has predicted that the naira will strengthen to between ₦1,300 and ₦1,400 to […]

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Naira Strengthens Across Official, Black Markets As Reserves Climb

Posted on September 9, 2025September 9, 2025 by GISTSMATE MEDIA

The naira appreciated strongly on Monday at both the official and parallel foreign exchange markets, opening the new week on […]

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FLASH: Chinese Traders Now Accepting Naira In Place Of Dollars

Posted on September 2, 2025September 2, 2025 by GISTSMATE MEDIA

Forex traders have attributed the recent exchange rate stability to the success of Nigeria’s currency swap agreement with Chinese traders […]

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Fake N1000 Notes Circulating, How You Can Identify Them – NOA

Posted on August 3, 2025August 3, 2025 by GISTSMATE MEDIA

The National Orientation Agency (NOA) in Kwara has cautioned the public on fake N1000 notes circulating in the state. The […]

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Businessman Sentenced To 4 Years In Prison For Refusing To Accept Naira As Legal Tender 

Posted on April 15, 2025April 15, 2025 by GISTSMATE MEDIA

Justice Alexander Owoeye of the Federal High Court, sitting in Ikoyi, Lagos, has convicted and sentenced a businessman, Uzondu Precious […]

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EFCC Arraigns Man For Refusing To Accept Naira As Legal Tender

Posted on February 12, 2025February 12, 2025 by GISTSMATE MEDIA

The Economic and Financial Crimes Commission, Lagos Zonal Directorate on Wednesday arraigned one Precious Uzondu, on a two-count charge bordering […]

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Naira Gains Rapidly Against Dollar As Sellers Struggle To Find Buyers

Posted on December 7, 2024December 7, 2024 by GISTSMATE MEDIA

The exchange rate between the naira and the dollar continued its rapid appreciation on the official EFEM market, closing at […]

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