More Hardship For Nigerians As Naira Hits All-Time Low
The naira experienced a historic decline in the parallel market on Tuesday, driven by persistent dollar shortages and heightened demand ...
Tag: Naira
3 Reasons To Be Optimistic As Naira Strengthens Against Dollar
The Naira continued its upward trend against the dollar in the official market on Monday, marking the third consecutive gain ...
Naira Declined 55% This Year, May Continue Falling in 2024, Bloomberg Predicts
A US-based media company, Bloomberg L.P., has predicted a continued decline of the Nigerian naira in 2024, potentially making it ...
External Reserves Deplete By $4.28bn As Naira Maintains Fall
Nigeria’s external reserves have depleted by 11.55 per cent ($4.28 billion) as of December 20, as the naira fell steadily ...
Reps Eye Chinese Yuan Reserve Currency To Bolster Naira Stability
The House of Representatives is seeking the adoption of the Chinese Yuan (CNY) as an official foreign exchange reserve currency, ...
Power Minister Pushes For Naira Gas Pricing For GenCos
The Minister of Power, Adebayo Adelabu, is pushing for the pricing of gas utilised by the electricity Generation Companies (GenCos) ...
Naira Depreciates to N1,175 Per Dollar At Parallel Market
The Nigerian naira continued its downward slide on Thursday, December 7th, 2023, depreciating to N1,175 per dollar at the parallel ...
Naira Appreciates Against Dollar At Official Window
For the first time this week, the naira recovered significantly against the United States dollar at the Nigerian Autonomous Foreign ...
Naira Firms On NAFEX, Falls On Parallel Market
The naira, on Monday, continued its appreciation against the dollar at the Nigerian Autonomous Foreign Exchange Market (NAFEM), the country’s ...
Naira Appreciates In Parallel Market, Steadies For 3 Days
The naira continued to appreciate in the parallel market in the last three days even as it maintained consistency in ...
