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14 stories tagged naira.
Yesterday, the value of the naira saw a notable rise to N1,450 against the dollar in the informal exchange sector, up from N1,580 per dollar as reported on Tuesday. In a similar vein, the naira also saw an increase in…
In a significant development, the Central Bank of Nigeria (CBN) has announced the inclusion of the naira, the country's legal tender, as a payout option for diaspora remittances. This move aims to provide more…
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…
As the January 31 deadline to phase out old naira notes inches closer, the new banknotes’ shortage across the country takes its toll on Nigerians. The heat continues to mount as the Speaker of the House of…
Naira, on Monday, appreciated against the dollar at the Investors and Exporters window, exchanging at N445.38. The figure represents an appreciation of 0.07 per cent compared with the N445.67 for which the dollar…
The Governor of the Central Bank of Nigeria, Godwin Emefiele, announced that the bank would release redesigned Nigerian Naira notes by December 15, 2022. He also said that existing notes will stop being considered legal…
In honour of the international community of the beauty of Nigerian art, Google doodle celebrates Ladi Dosei Kwali, the life of Nigerian educator, ceramicist, glassworker, and potter. On this day in 2017, an exhibition…
A United States-based magazine, Global Finance, says the Central Bank of Nigeria has failed to curb rising inflation and stop the naira from sliding against the United States dollar. This was disclosed in an October…
The naira continued its downward trend as the dollar was sold for N570 in the parallel market on Tuesday. According to THE PUNCH, operators said the dollar was bought and sold for N567 and N570 respectively on Tuesday,…
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…
Finally, it is here!!! Today Sunday 19th July, in less than 5 minutes, we gonna witness our ever blazing presenter Ebuka Obi-Uchendu and some new entertaining housemates coming in on a race to win a whopping sum of 85…
The CEO of NairaBet, Akin Alabi's Father has died at the age of 85. The CEO of NairaBet/Lawmaker representing the Egbeda/Ona Ara federal constituency at the National Assembly; Akin Alabi announced the death of his…
A man (name withheld) reported his son to the Economic and Financial Crimes Commission after the son who was a secondary school student bought him a house worth 2 million naira. The father in April 2017 became a whistle…
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…
