Tag: naira
Fuel marketers threaten fresh price hike as Naira crumbles to 920/$
Ex-depot petrol price around N585/liter; projected N680/liter due to current forex rate might require a N95/liter subsidy Nigerian Midstream ...
Naira tumbles to 900/$ as CBN vows to punish derailing BDC operators
The naira's value also decreases on the Investor & Exporter (I&E) window, falling to 773.42 naira per dollar from 757.10 ...
Naira redesign, others gulped N74bn in 2022 – CBN report
In 2022, N29.65 billion was allocated to currency issuance expenses, a significant increase of 94.66% from the N15.23 billion spent ...
Falana sues CBN for alleged illegal floating of naira
Nigerian lawyer Femi Falana (SAN) said he has sued the Central Bank of Nigeria (CBN) for alleged illegal floating of ...
NNPCL secures $3b emergency loan to strengthen the naira
Loan to enable the NNPCL to assist the Federal Government in its ongoing fiscal and monetary policy reforms targeted at ...
CBN announces plan to halt naira decline
CBN chief noted that the changes going on in the parallel market are not necessitated by demands but activities of ...
Naira drops further, exchanges at N945/$1
CBN had floated the Naira Naira had continued to fluctuate since the floating The Naira dropped further in the parallel ...
Why Naira is in free fall – CBN
On Wednesday, the naira fell to an all time low of N925/$1 at the parallel market as demand for foreign ...
Dollar will exchange for N1,000 if… – Rep
Lar says Nigeria economy is mainly dependent on importation Lar groans over cost of doing business in Nigeria A member ...
Naira appreciates, exchanges for 793.70/$
Invisible transactions would continue to be accessed through the banks at the prevailing market rate CBN had directed Banks to ...
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