Naira’s Fight for Survival: Will It Hold the ₦1,500/$ Mark? As the Nigerian naira wades through turbulent waters, the country watches with bated breath. Soaring inflation, dwindling reserves, and speculative trading have…
Tag: Naira
How Donald Trump’s Victory Impacted the Naira: Analyzing the Record Crash of Nigeria’s Currency
The Nigerian Naira has hit a historic low against the US dollar in the official market, sparking concern across the financial sector. As the world reacts to Donald Trump’s return to…
Naira Appreciates to N1,485/$ in Parallel Market
Naira Appreciates to N1,485/$ in Parallel Market Naira Appreciates to N1,485/$ in Parallel Market The Nigerian Naira has shown a significant appreciation in the parallel market, strengthening to N1,485 against the US…
Naira devaluation pushes up vehicles duties by 40%
Naira devaluation pushes up vehicles duties by 40% Naira devaluation pushes up vehicles duties by 40% Customs raise exchange rate from N422/$ to N589/$, operators kick as import duties jump •Economists berate…
New naira: Supreme Court fixes March 3 for judgement
New naira: Supreme Court fixes March 3 for judgement New naira: Supreme Court fixes March 3 for judgement The Supreme Court on Wednesday adjourned judgement in the new naira policy…
New naira: Fighting erupts in Lagos
New naira: Fighting erupts in Lagos New naira: Fighting erupts in Lagos Fighting erupted in some areas on the popular Lagos-Ikorodu expressway in Lagos State over the scarcity of the new…
Protest in Ondo over naira swap
Protest in Ondo over naira swap Protest in Ondo over naira swap Protest has erupted in Akure, the Ondo State capital, over the refusal of commercial banks to receive old naira notes from…
CBN extends deadline for collection of old Naira notes to Feb 10
CBN extends deadline for collection of old Naira notes to Feb 10 CBN extends deadline for collection of old Naira notes to Feb 10 The Central Bank of Nigeria (CBN)…
Man offers agency 8 million Naira bribe for drug in imported car
Man offers N8m bribe for drug in imported car Men of the National Drug Law Enforcement Agency are on the trail of an importer, Cedrick Maduweke, over the shipment of a drug,…