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
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 ₦1,300 and ₦1,400 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 Nigeria’s 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 TenderÂ
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 […]
Continue readingNaira Gains Rapidly Against Dollar As Sellers Struggle To Find Buyers
The exchange rate between the naira and the dollar continued its rapid appreciation on the official EFEM market, closing at […]
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