While the people groaned in pain, unscrupulous leaders smiled to the bank, to the extent that after the pandemic, some designated intervention accounts were discovered to have billions of naira ...

The Nigerian Naira is among the worst-performing currencies in sub-Sahara Africa at the end of August 2024. The World Bank disclosed this in its latest edition of Africa’s Pulse report.

The Naira strengthened significantly against the dollar at the foreign exchange market on Monday to resume on a good note. FMDQ data showed that the Naira appreciated to N1552.92 per dollar on ...

The Nigerian currency, the naira, gained against the US dollar in the official Nigerian Foreign Exchange Market (NAFEM) on Friday, October 4, 2024. The naira closed the week positively ...

The Naira on Tuesday depreciated at the official market, trading at N1,658.97 to the dollar. Data from the official trading platform of the FMDQ Exchange revealed that the Naira lost N106.05.

The Nigerian naira has been listed as one of the worst-performing currencies in Sub-Saharan Africa in 2024, according to the World Bank’s latest Africa’s Pulse report. As of August 2024 ...

The Nigerian National Petroleum Company Limited may begin the supply of crude oil in naira to the Dangote Petroleum Refinery this week following the announcement by the Federal Government that the ...

Nigeria’s naira fell to a fresh low against the dollar, shrugging off on a surprise interest-rate increase amid ongoing local scarcity of the US currency. The naira slipped to 1,677 per dollar ...

The presidency is pressing ahead with efforts to strengthen the naira against the dollar, with a proposed Economic Stabilisation Bill submitted to the National Assembly. Special Adviser to the ...

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“The naira’s real exchange rate is at its most competitive in at least 20 years,” said chief economist Indermit Gill. “This is a great opportunity for the private sector,” he told the ...