Tag: , ,

Former presidential candidate of the National Conscience Party (NCP), Martin Onovo, has said the Federal Government lied to Nigerians

Foreign Exchange: Naira continues good run against dollar

The Nigerian Naira on Monday maintained its strength at the parallel market as it stayed unchanged against the Dollar, Pound Sterling and Euro. ​T​he local currency...

Naira consolidates position, sells for N390 to Dollar

Naira consolidates position, sells for N390 to Dollar

The Naira on Friday in Lagos consolidated its position against the dollar at the parallel market, ending the week stronger. The News Agency of Nigeria (NAN) reports that...

Naira sells at N400 to dollar

Naira sells at N400 to dollar

The Naira on Thursday was sold at N400 to a dollar at the parallel Market, the News Agency of Nigeria (NAN) reports. The Nigerian currency gained N10 to close at N400,...

Nigeria floods banks with dollars

In an effort to support and shore-up the value of Naira, the Central Bank of Nigeria (CBN) has flooded commercial banks dollars. The banks are reported to be holding...

Surging Bitcoin breaks through $1,000 barrier

Surging Bitcoin breaks through $1,000 barrier

The value of Bitcoin surged above $1,000 on Monday as the digital unit continues a dizzying rise that made it the best-performing currency of 2016. Its value has more...

CBN set to eliminate FOREX black market

Naira plunges to record 480/dollar

The naira plunged to a new record low of 480 to the United States dollar on Thursday, down from 472 it recorded on Wednesday. The currency had continued its two-week...

Naira depreciates to N230/dollar in parallel market

The declining fortunes of the naira in the parallel market worsened yesterday as it lost N4 against the dollar with the parallel market exchange rate closing at N230 per...

N12trn Debt Profile: Rise In Naira Against The Dollar Worsens Nigeria’s Woes

Nigeria’s total internal and external debt stock stood at N12.06 trillion or $63.5 billion as at the end of March this year, up from N11.2 trillion or $67.726 billion...

African-American Woman's Face To Appear On USD10 Bill

For the first time in more than a century, a woman will finally get space on the nation’s paper currency but she may have to share it with a man.