THE President of BUA Group, Abdul Samad Rabiu, has projected a stronger naira before the close of 2025, predicting that…
Browsing: Naira
THE Central Bank of Nigeria (CBN) has sounded the alarm over the growing trend of illicit transactions involving banknotes, urging…
NAIRA closed February 2025 with an 8.5 per cent gain month-on-month on the parallel market to settle at 1,490/$, while…
THE naira appreciated to N1,535 per dollar in the parallel market, commonly referred to as the black market, driven by…
THE naira appreciated to an eighth-month high of 1474.78/$ at the official foreign exchange (FX) market on Friday as dollar…
REPRESENTING an N20 increase within a day, the Nigerian naira appreciated against the U.S. dollar in the parallel market on…
THE Naira yesterday appreciated to N1,660 per dollar in the parallel market from N1,662 per dollar last weekend. However, the…
THE Naira yesterday recovered against the US dollar at the parallel market as it appreciated to N1280/$, according to market…
NIGERIA’s Naira has officially been declared the world’s best-performing currency by global investment bank, Goldman Sachs and the Central Bank…
THE Central Bank of Nigeria (CBN) governor Yemi Cardoso says the apex bank’s FX reforms have made the naira the…
OLAYEMI Cardoso, Governor of the Central Bank of Nigeria (CBN) has said the bank is not strengthening the Naira with…
THE naira has continued its resurgence against the United States dollar, appreciating N1,136/$ at the official market and N1,050/$ at…
THE naira held onto its bullish momentum despite the dollar’s most recent aggressive gains this week, as concerns about persistent…
THE naira began the new month on a bullish note, appreciating to N1,278.58 against the United States dollar from N1,309.39…
IN the last two weeks, the Central Bank of Nigeria and other banking institutions have improved dollar supply to the…
PRESIDENT Bola Tinubu has said the Federal government will henceforth patronise made in Nigeria goods as part of its strategy…
THE naira maintained a steady appreciation against the United States dollar on Thursday, gaining N18 to close 1,382/$ at the…
ON Sunday, August 15, 1971, the United States economy was literally facing a firing squad. The Dollar was in a…
THE Central Bank of Nigeria (CBN) on Saturday said there is no plan to convert $30bn domiciliary deposits to naira.…
GOVERNOR of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said the apex bank is implementing “inflation targeting policy”…