Dr. Ope Banwo, the esteemed founder of the Fish For Life Empowerment Foundation, is making waves with a groundbreaking initiative to tackle youth unemployment in Nigeria....
The Naira on Tuesday depreciated at the official market, trading at N1,416.57 to the dollar. Data from the official trading platform of the FMDQ Exchange, a...
The U.S dollar index was back on the front foot on Wednesday, making modest gains after earlier losses from renewed bets on Federal Reserve rate cuts...
The Federal Government is planning to delist the Naira from the P2P space to prevent manipulations and to ensure a fair and stable currency market. A...
The Nigerian Naira weakened further to N1,410/$ in the unofficial market on Friday afternoon as traders saw an aggravated demand for the dollar by parents and...
In the opening trading session of May at the NAFEM window, the Naira experienced a slight decline, settling at N1,402.67 to the dollar, which is a...
The Economic and Financial Crimes Commission (EFCC) and businessman, Pascal Okechukwu aka Cubana Chief Priest, have agreed to settle the naira abuse charges slammed against him...
The Naira opened the month of May on a negative note, trading at N1,360/$ at the parallel market, representing a slight decline of 0.74% from the...
Chairman of Dangote Industries Limited, Aliko Dangote has said that the devaluation of Naira created the biggest mess for the company in 2023. Speaking at...
The Nigerian naira traded near its April low, while the dollar index approached a six-month high as anticipation of a Federal Reserve meeting kept traders largely...
The Naira ended April on a positive note, strengthening by N28.15 against the dollar to trade at N1,390.96. Data from the official trading platform of the...
The Naira took another dip in value at the official market on Monday trading at N1,419.11 to the dollar. Data from the official trading platform of...
The Nigerian Naira saw a notable increase in value against the US dollar in the parallel market, reaching N1,350. This marked a 2.20% rise from the...
The naira regained strength against the haven currency over the weekend, breaking below the N1,300 resistance level at the parallel market, to settle at N1270-75 against...
Currency traders report a rebound for the Naira against the US dollar in the parallel market, reaching N1280/$ according to recent market data. This marked a...
The naira has continued its recovery against the US dollar at the parallel market as it appreciated to N1280/$1 on Saturday, according to information obtained by...
Controversial clergyman, Pastor Chukwuemeka Odumeje, also known as Indaboski Bahoose vows to crash the Dollar again and strengthen Naira as he arrives in Nigeria after his...
The Nigerian naira continued its downward trend against the US dollar at the official exchange window, closing at N1,309.88 on Thursday, March 25th. This represents N1.36...
President Bola Tinubu says his government would continue to make difficult decisions for the Nigerian people, despite the short-term pains that often come with such...
The naira recorded significant depreciation against the haven currency in a matter of few weeks despite the recent decline in the US dollar index, influenced by...
The naira depreciated further on Thursday, April 25, against the United States dollar. At the official market, the Naira depreciated to N1,309/$ and N1,420 at...
The naira experienced a decline on Thursday afternoon, falling to N1,450 per dollar in the parallel market. This represents a decrease of 8.28% or an N120...
The Naira depreciated on Tuesday, April 23, in the Nigerian Foreign Exchange Market, NAFEM, to N1,300.15 per dollar, exceeding the parallel market rate by N45.15. ...
Spot foreign exchange (FX) market turnover in March 2024 stood at $12.61 billion (N19.29 trillion), representing a month-on-month (MoM) increase of 47.66% ($4.07 billion) from what...
The value of the naira depreciated against the United States dollar to N1,234 at the official foreign exchange market on Monday, April 22, according to data...
A Nigerian man dares officers of the Economic and Financial Crimes Commission (EFCC) to arrest three individuals spraying naira notes at an event in a circulating...
The headline inflation in March 2024 hit 33.20% relative to February 2024 which stood at 31.70%. Inflation in the country has been increasing steadily as the...
Nigerians flooded to the comment section of socialite, Sam Larry after he posted a picture of himself with singers, Naira Marley and Zinoleesky together. Sam Larry...
Vice-President Kashim Shettima has assured Nigerians that the Naira will continue to appreciate against the Dollar in the foreign exchange market. Speaking when a delegation...
The Naira on Friday, April 19, depreciated to N1,140 per dollar in the parallel market, from N1,060 per dollar recorded on Thursday, April 18. The...
Charles Oputa, better known as Charley Boy, has accused the Economic and Financial Crimes Commission (EFCC) of indulging in “frivolous shenanigans to keep distracting Nigerians.” ...
Davido has reacted after Paschal Okechukwu, better known as Cubana Chief Priest, was granted bail. The socialite was arraigned today, April 17, and was granted...
Nigerians are reacting to news of Justice Kehind Ogundare of the Federal High Court in Lagos granting N10 million bail to businessman, Pascal Okechukwu, also known...
Justice Kehinde Ogundare of the Federal High Court in Lagos has granted Pascal Okechukwu, also known as Cubana Chief Priest, N10million bail. Okechukwu was arraigned...
Businessman, Pascal Okechukwu a.k.a Cubana Chief Priest has pleaded not guilty to charges of naira abuse filed against him by the Economic and Financial...
Celebrity’ bartender and businessman, Pascal Okechukwu a.k.a Cubana Chief Priest, has arrived a Federal High Court in Lagos for his arraignment over alleged abuse of the...
The Economic and Financial Crimes Commission (EFCC) has filed a three-count charge against popular Instagram celebrity, Pascal Okechukwu, also known as Cubana Chief Priest, for allegedly...
Police Operatives serving in Abakaliki (AI) Road Police Division of the Enugu State Command on April 10 arrested one Mmaduabuchi Okonkwo, 24, of Mkpologu, Emene, Enugu,...
The Minister of Finance, Wale Edun, has stated that Nigerians are saving in Dollars because they have lost faith in the Naira. He stated this...
Nigeria will sell crude oil to Dangote and local refineries to boost the Naira, the FG has announced. The Chief Executive of the Nigerian...
Reno Omokri has shared his opinion on why Bobrisky was arrested, tried and jailed for Abuse of the Naira. In a post shared on his IG...
The National Bureau of Statistics NBS says Nigeria’s inflation rate jumped to 33.20% in March 2024 compared to February 2024 headline inflation rate which was 31.70%....
The naira strengthened against major currencies on Monday, April 15. The local currency exchanged at below N1000 at some segments of the parallel market as...
The Economic Financial Crimes Commission has said that there is no sacred cow in its fight against Naira abuse. In a statement released after crossdresser,...
The Economic and Financial Crime Commission (EFCC) has told Nigerians who abuse the Naira to ask Bobrisky for an update. In a tweet shared after...
The Naira on Friday, April 12, experienced huge appreciation at the official market, trading at N1,142.38 to the dollar. The recovery made by the...
The presidency has said that a stronger Naira can be achieved by the first quarter of 2025 following recent intervention in the foreign exchange market and...
The Central Bank of Nigeria, (CBN), has banned the use of foreign denominated collaterals for naira loans except Eurobonds including Standby Letters of Credit which are...
The Central Bank of Nigeria has decided to discontinue the practice of accepting foreign currencies as collateral for loans issued in naira. In a circular...
On Friday, the Naira demonstrated strength at the official market, with a trading rate of ₦1,251.05 against the dollar. Data sourced from the FMDQ Exchange’s official...
Ayo Olumofin, the lawyer to Idris Okuneye, a.k.a Bobrisky, has said that the popular crossdresser pleaded “guilty” to charges of abuse of Naira when they were...
Oluwadarasimi Omoseyin, aka Simi Gold, has sent a message of support to Bobrisky as he faces a court case similar to what she faced. The...
Popular cross-dresser, Idris Olanrewaju Okuneye aka Bobrisky, has pleaded guilty to the Naira abuse charge leveled against him by the Economic and Financial Crimes Commission...
Naira Marley has weighed in on the DNA debate. The singer, who has been under the radar since he was accused of bullying the late Mohbad until...
Barely hours following the arrest of the controversial lifestyle influencer Bobrisky Okuneye, a video of him allegedly abusing the Naira notes surfaces. The EFCC invited the...
The Economic and Financial Crimes Commission, EFCC, has released the mugshot of crossdresser, Bobrisky after he was arrested and detained for abuse of Naira “Operatives of...
On Wednesday, the Nigerian naira sustained its upward trend against the United States dollar, gaining value at both the official foreign exchange market and the parallel...
The naira has appreciated to N1,278.58 against the United States dollar from N1,309.39 per dollar recorded last week Thursday, March 28. According to data from...
The Central Bank of Nigeria (CBN) released a circular to Bureau De Change (BDC) operators, announcing sales of $10,000 to each BDC at N1,251 per U.S....
Kingsley Moghalu, a former deputy governor of the Central Bank of Nigeria, has said that those who want the Naira to be N400 to the Dollar...
The Naira on Wednesday, March 20, exchanged for N1400 against the Dollar in the parallel market. Parallel market operators bought at N1400/$1 from holders of...
A lady identified as Linda Ihebinike has been arrested after she allegedly attempted to carry out a transaction with fake Naira notes. Disclosing...
A video of BBNaija’s Mercy Atang’s fiance, David, describing her as the wife of his youth has made the rounds on social media. David visited...
The Senate plenary was further thrown into confusion today March 12, after Senator Ayom Jarigbe made a startling revelation. The lawmakers were deliberating on the...
The Central Bank of Nigeria has sold a record N1.3 trillion in Treasury Bills, specifically targeting overseas investors. This is aimed at increase foreign exchange...
Cryptocurrency exchange, Binance has announced that it will stop providing all services related to the Nigerian naira (NGN). According to the platform’s announcement on Tuesday,...
The exchange rate for computing the country’s Customs duties has been slashed by 5.3 percent by the Central Bank of Nigeria following stability in the exchange...
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has described the floating of the Naira as the worst economic decision ever. Speaking...
Amidst the uncertainty of Nigeria’s forex issues, Pastor Chibuize sparks a buzz during a unique prayer session where he commanded the Dollar to fall in favour...
The spokesperson of the Lagos state police command, SP Benjamin Hundeyin, has taken to social media to share the testimony a friend who stated that the...
Economist and Director of Policy and Transparency, Kaduna Polytechnic, Ismael Mohammed Anchau has opined that if the Central Bank of Nigeria should have an interface or...
Bash Ali is reflecting on his life as he marks his 68th birthday. The boxing legend took to Facebook to reveal all that he lost...
Minister of Information and National Orientation, Mohammed Idris, has said that the Central Bank of Nigeria’s efforts to reform the foreign exchange (FX) market have been...
Former Big Brother Naija housemate, Cee C has set tongues wagging with her latest Instagram post, which has left many netizens curious about the identity of...
In a video shared online, the businessman pointed out that artisans from Cotonou are no longer collecting Naira because the Benin Republic’s currency, CFA, has more...
The Governor of Central Bank of Nigeria, CBN, Dr. Olayemi Cardoso, has appealed to Nigerians to be patient as the apex bank is doing everything possible...
Nigerian politician and professor of political economy, Pat Utomi, has said that the loans that are being taken by the Nigerian government are ‘meaningless’ and are...
The International Monetary Fund (IMF) has warned that the exchange rate of the Naira will further depreciate by about 35 percent this year, adding that this...
With the ongoing decline in the value of Naira, Shehu Sani, a former lawmaker and social critic, is urging Nigerian Muslims and Christians to come together...