Tag: naira
FG to clampdown on traders inflating prices
The Federal Government has pledged to implement strict regulatory actions against traders who are unfairly inflating the prices of goods ...
Enugu police arrest man with fake naira notes
In Enugu State, police have arrested 24-year-old Mmaduabuchi Okonkwo for allegedly possessing and dealing in counterfeit naira notes. DSP Daniel ...
At last, Naira hits N1,000 per dollar
The naira was selling at N1,000 to the dollar at the parallel market The value of the naira gained strength ...
Naira Could Potentially Trade Below N1,000/$, Goldman Sachs Forecasts
The naira maintains strength against the dollar, hitting a four-month high amid inflation concerns and expectations of delayed rate hikes ...
Naira makes recovery, gains 7.2% against dollar
The total daily turnover increased to $281.34 million on Friday, up from $125.55 million recorded on Monday The naira experienced ...
Goldman Sachs says Naira best-performing currency in April, to exchange below N1,000 per Dollar
The think-tank announced the development in its latest report on the Nigeria’s economic realities. Goldman Sachs has said Naira would ...
BDCs back CBN’s directive stopping use of domiciliary accounts as collateral
The Association of Bureaux de Change Operators of Nigeria has shown support for the Central Bank of Nigeria's instruction to ...
CBN approves daily sales of $10,000 to 1,588 BDC operators
Directed BDCs to sell to eligible end-users at spread of not more than 1.5 percent The Central Bank of Nigeria, ...
Naira Appreciates to N1,382/$ After $7bn FX Settlement
Naira records a significant recovery against the dollar at NAFEM, appreciating from N1,536.83 to N1,382.35 per dollar Central Bank of ...
Lagos Court Warns Against Hawking Naira, Sentences Offender
Lagos Federal High Court warns against unlawful hawking of Nigerian currency, sentencing Fabian John Itafor to three months community service ...
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