Senate Bill to Ban Use of Dollars, Foreign Currencies in Nigeria Passes First Reading
A bill seeking to ban the use of foreign currencies, including the dollar and pound sterling, for transactions in...
naira
Naira Gains N127 Against Dollar as External Reserves Hit $40bn, CBN Intervenes
The Centre for Promotion of Private Enterprise (CPPE) has attributed the recent massive appreciation of the Naira against the...
Naira Falls to N1,610/$ in Parallel Market Amid Increased Dollar Turnover
On Friday, the Naira fell to N1,610 per dollar in the parallel market, down from N1,580 per dollar the...
NLC call for immediate action to end cash scarcity
The Nigeria Labour Congress, NLC, has urged the Federal Government to quickly address the current cash crunch in the...
Cardoso & Naira: What Nigerians should expect
“As far as I am concerned, under my leadership, we will not be hijacked by anybody. The idea is...
Corruption, others cause Naira depreciation, Nigeria has excess BDCs – Economist, Fasua
An Economist, Tope Fasua said corruption, inefficiency and low productivity were among the factors causing the depreciation of the...
Naira weakens further to 517 against dollar
The naira fell further against the dollar at the parallel market on Wednesday after staying steady at 515/$ in...
Naira falls after CBN stops forex sales to BDCs
Naira fell marginally against the U.S dollar at the parallel market on Tuesday, after the Central Bank of Nigeria...
Reps list naira devaluation losses, ask CBN to halt trend
The House of Representatives has asked the Central Bank of Nigeria to urgently put in place a policy to...