[ad_1] [FILE] Currency changer. Photo credit: Guardian Nigeria A foreign rating agency in a recent report joined Nigerians in bemoaning the fate that has befallen the nation’s legal tender, the…
Tag: naira
Nigerian Naira shocks markets with dramatic rebound against the US Dollar
[ad_1] Data from the well-regarded Binance Crypto trading site indicated that the conversion rate was impressively at N855 to $1 by 6:30 p.m. on Friday. This event demonstrates the Naira’s…
How to make the naira stronger | The Guardian Nigeria News – Nigeria and World News
[ad_1] A foreign rating agency in a recent report joined Nigerians in bemoaning the fate that has befallen the nation’s legal tender, the naira, which had exceeded N1000 to the…
CBN denies currency redenomination as C’ttee assures of Naira stability by Dec
[ad_1] By Collins Olayinka and Joseph Chibueze, Abuja | 01 November 2023 | 4:13 am •Yusuf tasks FG on policy stabilityThe Central Bank of Nigeria (CBN)…
Nigeria Loses Billions Of Naira To 70 Lagos-Abidjan Checkpoints
[ad_1] Nigeria is losing hundreds of billions of Naira annually as a result of about 70 illegal checkpoints mounted on the Lagos-Abidjan and Atan-idiroko corridors by the Nigeria Police Force…
Local production, reduced importation will strengthen Naira – Experts
[ad_1] A Financial expert, Mr Okechukwu Unegbu, says improved local production of commodities, increased consumption of local products, and reduced importation of goods and services will help to stabilise and…
Nigeria eyes US$11.98bil debt funding for budget
[ad_1] ABUJA: Nigeria’s government plans to raise nine trillion naira (US$11.98bil) of debt to help fund next year’s budget, says Ben Akabueze, the head of the West African nation’s budget…
JUST-IN: Naira Crashes To N1,210 To US Dollar
[ad_1] The value of the naira continued its downward spiral at the opening of business activities on Monday crashing at the parallel market to N1,210 to the dollar as against…
Naira hits record low at official market
[ad_1] The Naira plummeted to its lowest rate against the United States dollar at the official market on Tuesday, market data published on the FMDQ website showed. The local currency…