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cryptocurrency - disrupting the Naira

Disrupting the Naira: Birth of Cryptocurrency

There’s no better time than now to explore the possibilities for cryptocurrency in Nigeria   By Kanyinsola Ojeshina If Cryptocurrency could speak, it would...

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...

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

Naira devaluation looms as Buhari Extends Sick Leave

Traders increased bets that Nigeria will allow the naira to weaken after the central bank eased some capital controls and President Muhammadu Buhari, who opposes...

Trump's coming has nothing to do with current naira appreciation - Analyst

Trump’s coming has nothing to do with current naira appreciation – Analyst

Prof. Park Idisi, a Lecturer, Department of Agriculture, University of Abuja, said naira appreciation against the dollar had nothing to do with Donald Trump’s victory....

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...

Buhari discusses new measures to improve economy

Buhari discusses new measures to improve economy

President Muhammadu Buhari has explained the economic measures his administration was putting in place in order prevent the further devaluation of the naira as well as...

N56,000 minimum wage increase is justified – NLC

N56,000 minimum wage increase is justified – NLC

The Nigeria Labour Congress has said that its proposal to the Federal Government to increase the National Minimum Wage from N18,000 to N56,000 was justified with respect...