The Nigeria Labour Congress (NLC) says a monthly salary of โฆ1 million is worthless to workers without a stable naira […]
Continue readingTag Archives: Naira
Naira May Drop Below โฆ1,000/$1 Before Year-end โ Otedola
Billionaire businessman Femi Otedola has said he believes the Nigerian naira could trade below โฆ1,000 to one US dollar before […]
Continue readingFLASH: CBN Urged To Introduce N10,000, N20,000 Notes
A new economic review by Quartus Economics has called on the Central Bank of Nigeria (CBN) to introduce higher-value currency […]
Continue readingNaira Ranks Ninth Weakest Currency In Africa
The Nigerian Naira has been ranked as the ninth weakest currency in Africa, according to a Forbes currency calculator report […]
Continue readingBUA Boss Predicts Naira Will Strengthen To N1,300 By Year-end
Abdul Samad Rabiu, president of BUA Group, has predicted that the naira will strengthen to between โฆ1,300 and โฆ1,400 to […]
Continue readingNaira Strengthens Across Official, Black Markets As Reserves Climb
The naira appreciated strongly on Monday at both the official and parallel foreign exchange markets, opening the new week on […]
Continue readingFLASH: Chinese Traders Now Accepting Naira In Place Of Dollars
Forex traders have attributed the recent exchange rate stability to the success of Nigeriaโs currency swap agreement with Chinese traders […]
Continue readingFake N1000 Notes Circulating, How You Can Identify Them – NOA
The National Orientation Agency (NOA) in Kwara has cautioned the public on fake N1000 notes circulating in the state. The […]
Continue readingBusinessman Sentenced To 4 Years In Prison For Refusing To Accept Naira As Legal Tenderย
Justice Alexander Owoeye of the Federal High Court, sitting in Ikoyi, Lagos, has convicted and sentenced a businessman, Uzondu Precious […]
Continue readingEFCC Arraigns Man For Refusing To Accept Naira As Legal Tender
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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