The Naira, on Tuesday, appreciated to N1,270 per dollar in the parallel market, from N1,290 per dollar last week Thursday. Vanguard reported the Naira also appreciated in the NAFEM to…
Naira
President Tinubu Urges Nigerians To Patronize Local Products To Strengthen Naira
President Bola Tinubu on Friday urged Nigerians to patronize made-in-Nigeria products and services to sustain the recent gains of the naira in the foreign exchange market. He called for more…
Crypto Company Binance ends services in naira
Cryptocurrency exchange company, Binance, has announced plans to discontinue all services related to the Nigerian naira. The company has been accused of exploiting the Nigerian currency, Naira, leading to its…
The foreign exchange crisis worsened on Thursday as the local currency further depreciated, exchanging at N1,600 to a dollar at the parallel market, findings by Daily Trust have shown. Naira…
Senate Summons Tinubu’s Economic Team Over Falling Naira, Dwindling Economy
The Senate has taken a decisive step in addressing the issue of the falling Naira and the overall economic downturn by summoning President Bola Tinubu’s economic team. This move follows…
Nigerian Naira Hits Record Low of Over One Thousand Five Hundred to Dollar on Official Market
In a concerning development for Nigeria’s economy, the national currency, the naira, has plummeted to a historic low against the dollar on the official market, as reported by FMDQ Exchange…