Foreign Currency Shortages Strangle Nigerian Businesses Dependent on Imports
In a concerning turn of events, Nigerian businesses heavily reliant on imports are feeling the squeeze ...
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Tag: Naira
Pastor E.A Adeboye Predicts Naira’s Resurgence to Outperform US Dollar
**Date**: September 3, 2023 *Lagos, Nigeria*: During the monthly thanksgiving service of the Redeemed Christian Church ...
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Tinubu’s Administration Faces N341.23bn Judgment Debt Settlement from 2023 to 2027
Nigeria's forthcoming administration under President Bola Tinubu could find itself dealing with a substantial financial burden ...
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Bureaux De Change Operators Urges Government to Ban Binance Operations
The Association of Bureaux De Change Operators of Nigeria (ABCON) has called on the federal government ...
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Nigeria’s External Reserves Decline to $33.9 Billion, Lowest in Two Years
Nigeria's external reserves have declined to $33.9 billion, marking its lowest level in two years. The ...
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Tonye Cole, APC Governorship Candidate, Highlights Refineries’ Impact on Fuel Prices
Tonye Cole, the governorship candidate of the All-Progressives Congress (APC) in Rivers state, and former Group ...
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TETFUND Reveals Over 137 Students Sponsored Abroad Have Absconded
The Tertiary Education Trust Fund (TETFUND) has disclosed that more than 137 students sponsored on scholarship ...
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Naira-Dollar Exchange Rate Records Significant 6.58% Gain, Reaching N742.93/$1
The exchange rate between the naira and the dollar witnessed a substantial gain of 6.58%, closing ...
Read moreCBN Interventions in Nigeria’s Foreign Exchange Market Reach $17.81 Billion in 2022
According to the annual activity report of the Central Bank of Nigeria (CBN), the bank spent ...
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Central Bank Dismisses Claims of Naira Devaluation
The Central Bank of Nigeria (CBN) has refuted claims of devaluing the Naira, dismissing the reports ...
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