“Yet, recent intelligence reports have highlighted continued illicit activities within the Nigerian foreign exchange market. The ONSA and CBN are therefore embarking on this collaborative approach...
The Naira depreciated to a record low of N1,534.39 against the US dollar at the foreign exchange market on Monday.. Data from FMDQ showed that the...
Nigeria’s naira has depreciated again to N1,230 per dollar in the parallel market from N1,225 per dollar last week Friday. This is according to data from...
Reality TV star, Ilebaye Precious Odiniya, better known as Ilebaye, got many people talking on social media when she revealed the sum of money that was...
The Nigerian naira appreciated massively against the dollar on Friday, 17th November 2023, closing at N791.75/$1 at the official market. According to data from the NAFEM...
The Nigerian government under President Bola Ahmed TInubu has mulled a plan to raise $10 billion to address the country’s foreign exchange crisis that has sent...
The presidential candidate of the Labour Party in the 2023 general elections, Peter Obi, has lamented the free fall of the naira, saying dollar is now...
Nigeria’s currency has hit a record low on the black market as it exchanged for N1,000 to the dollar on Tuesday, September 26, 2023. This is...
The Nigerian Naira has slightly appreciated to N933 per dollar in the parallel market on Monday, September 25, 2023. This report is according to information gathered...
The Central Bank of Nigeria (CBN) and its subsidiary has spent about N74.84 billion to print and roll out currencies, including the controversial new naira notes...