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Nigerians Still Battling Higher Costs Despite Naira Gains

While the naira has appreciated lately against the US dollars, the negative effect of the local currency’s earlier depreciation remains a challenge to many...
Business

Naira Slump Persists Despite 46% Rise in Dollar Turnover

The amount of dollars traded on the Investor & Exporter forex window rose by 46.69 per cent to $123.25m on Monday. On Friday, the turnover...
Business

MANUFACTURERS WARN AGAINST EFFECTS OF NAIRA FLOATING

The Manufacturers Association of Nigeria, MAN has warned that the recent floating of the naira, which has led to its devaluation, would increase raw...
News

NAIRA CONTINUES TO APPRECIATES, BDC OPERATORS REJECT DOLLARS IN ADAMAWA

Bureau de change operators in Adamawa State rejecting foreign currencies from customers due to growing uncertainty in the parallel market. Some of the money changers...
News

NAIRA FALLS TO BIGGEST LOW AT OFFICIAL MARKET

The Nigerian currency has experienced its biggest devaluation at the official market as the Central Bank of Nigeria struggles to meet demands at the...

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