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9 stories tagged dollar.
In a positive development for China's currency, the Renminbi, also known as the yuan, exhibited strength against the US dollar on Monday. The China Foreign Exchange Trade System reported that the central parity rate of…
Human rights lawyer Femi Falana has called on Nigerians to stop selling their crude oil in dollars and instead switch to the national currency, the naira. Falana made the comments in an interview with Channels…
The Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, said Naira might appreciate massively against the dollar In the coming weeks. He said the dollar might drop as low as ₦200 after…
The naira was trading at N545 to the dollar on the parallel market at the weekend, maintaining its strongest level since early September 2021. The local currency exchanges at N411.59 to the dollar at the official…
Tesla now accepts bitcoin as payment for its cars in the US, CEO Elon Musk announced on Twitter. The option to pay using the cryptocurrency now appears on the company’s US website, where it’s available alongside the…
In an interview with CNBC on Monday, Bill Gates had sharp criticism for the United State’s COVID-19 testing system, calling it a “complete waste” that requires a much shorter turnaround period to be truly effective. You…
The Kano State Police Command has arrested five persons in connection with fake foreign and local currencies. The Commissioner of Police, CP Ahmed Iliyasu, told journalists that the suspects were arrested by Operation…
James Ibori, who was jailed in Britain for laundering tens of millions of dollars in stolen public funds, through British banks and properties, lost an appeal against his conviction in London on Wednesday. Ibori was…
The naira is set to witness another round of decline against the dollar in the days ahead as expected increase in dollar flows from Nigerians living abroad coming home for holidays fell short of expectations. The local…
