Tag: Dollar
EFCC sets up taskforce against dollarisation of economy
He said some persons have been apprehended over the offences the task force was set up to tackle. The Economic ...
Naira falls to N1,300/$
The naira’s continued fall is happening despite efforts by the government to boost liquidity in the official market The naira ...
BREAKING: CBN Moves Against Dollar Speculators, Hoarders As Naira Depreciates
The improvement can be attributed to the implementation of President Tinubu’s commitment to resolve the outstanding $7 billion foreign exchange ...
Naira may appreciate to N600 against dollar—Tinubu’s aide Fasu
Fasua further highlighted the likelihood of significant restructuring within the banking sector to enhance the stability and strength of the ...
BDC operators caution currency speculators as naira gains
The local currency strengthened by 15.18 per cent to N950/$ in the alternative market on Friday from 1,120/$ it traded ...
Hajj 2024: Intending pilgrims may pay as much as N6m – Operators raise alarm
Alhaji Yahya Suleiman Nasidi, the National President of AHUON, raised this issue on Wednesday Nasidi expressed his apprehension that the ...
Naira will regain value before December 2023 – Oyedele
He mentioned that this plan encompasses a crackdown on unlawful currency trading This action is expected to narrow the gap ...
Despite Forex Ban Lift, Dollar Supply Declines to $53.02 Million
The Central Bank of Nigeria (CBN) reinstates access to forex for 43 previously banned items, aiming for exchange rate stability ...
I would have depreciated Naira to N600 – Peter Obi
He said floating of the naira “is not something you do haphazardly The Labour Party's presidential candidate, Peter Obi, mentioned ...
Naira’ll be stronger than dollar soon, Adeboye prophesies
The renowned Clergy recounted the days of yore when Naira competed favourably with United States dollars As of close of ...
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