Tag: naira
Nigeria Dollar Bonds Experience Extended Decline Following Dangote Raid
Nigeria's 2025 dollar bonds experience a seven-day decline, the longest since September, amid heightened investor concerns post Dangote-EFCC clash Bonds ...
Depreciation: Naira Set For Worst Year Since 1999 – Report
The Naira is labeled one of the worst-performing currencies in 2023, facing a 55% plunge and predicted further depreciation Bloomberg ...
Naira Plummets to Record-Low: Hits N1043.09/$1 at Official Market
The Naira hit a new low at N1,043.09 against the dollar, a significant depreciation from the previous day's rate A ...
Naira slumps to N1,043 against US dollar at official forex market
The figure represents a significant N170.50 or 16.35 per cent depreciation compared to the N872.59/$1 it was quoted on Wednesday ...
Weak Naira Impoverished Lecturers, Led To Mass Exodus – UNILAG VC
UNILAG's Vice Chancellor, Professor Ogunsola, highlights the impact of naira devaluation on staff salaries, leading to a mass exit abroad ...
CBN Issues Warning on Proliferation of Fake Naira Notes
The Central Bank of Nigeria (CBN) alerts on the presence of counterfeit Naira banknotes, urging vigilance and precautionary measures CBN ...
2024 Budget: N750/$ Rate, A Tall Order – Uwaleke
Capital market expert Uche Uwaleke expresses reservations about President Tinubu's 2024 budget, citing challenges in achieving the N750/$ exchange rate ...
Naira Holds Steady at 1,160/$ in Parallel Market
Naira stabilizes at N1,160 against the US dollar in the parallel market, providing slight relief compared to recent fluctuations The ...
Cardoso Reveals CBN’s Monetary Policy Focus in Highly Anticipated Address
Governor of the Central Bank of Nigeria, Olayemi Cardoso, is set to unveil the CBN's monetary policy and economic outlook ...
Tinubu’s Administration to Stun Currency Speculators – Presidency
The Presidency revealed strategic measures to strengthen the Naira, emphasizing a shift away from currency depreciation as a sign of ...
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