HomeTagsNaira

Naira

Kara Bridge repairs push Lagos-Ibadan gridlock 15km into Lagos

Repairs to Kara Bridge expansion joints have paralyzed the Lagos-Ibadan Expressway again, with some commuters reaching home after 2 a.m. and engineers questioning past work.

Ondo herbal drink deaths climb to 49 as crisis spreads to Irele

Deaths linked to a suspected poisonous herbal drink in Ondo State have climbed to 49, with the crisis now reaching Irele Local Government Area.

Naira Strengthens to 1,518 Per Dollar on Parallel Market

Naira rises in parallel market to ₦1,518 as central bank oversight and dollar flows ease speculative pressure.

Naira to the World: Rural Nigerian Women Drive Economic Change Through Digital Wallets

KEY POINTS Rural Nigerian women are leveraging digital wallets to send and receive money,...

Nigeria’s Inflation Battle Intensifies as MPC Meets

Nigeria's inflation battle intensifies as the MPC meets to decide on measures to curb rising prices. Key areas include interest rates, currency stability, and food security.

Naira Gains Put Spotlight on Petrodollar Inflow

In a striking turn of events, Nigeria's currency, the naira, has experienced a noteworthy...

Stronger Naira Fails to Alleviate Food Insecurity Woes

Despite the recent strengthening of Nigeria's currency, the Naira, against the US dollar, many...

Presidency Forecasts Enhanced Investor Confidence with Naira Performance

The Presidency in Nigeria has expressed optimism regarding the performance of the Naira, projecting...

Nigeria’s Foreign Exchange Reserves Hover Near Two-Month Low at $33.36 Billion

Nigeria's foreign exchange reserves are approaching a two-month low, standing at $33.36 billion, signaling...

Naira Soars Below N1,600: A Glimmer of Economic Hope

The Nigerian Naira is showing promising signs of recovery, with its value appreciating to...

Nigeria’s Central Bank Boosts Dollar Inflow to $1.3 Billion

Nigeria’s central bank has increased its dollar inflow to $1.3 billion in February 2021,...

Nigeria’s Currency Crisis: How Floating the Naira Backfired

Nigeria, Africa's largest economy, is facing a severe currency crisis that has been worsened...

Naira Gains Strength as Foreign Reserves Grow**

The Nigerian currency, the naira, has appreciated against the US dollar in the parallel...

Presidency Slams Atiku’s Naira Floatation Plan

Former Vice President Atiku Abubakar has been criticized by the presidency for his proposal...

Latest articles

Kara Bridge repairs push Lagos-Ibadan gridlock 15km into Lagos

Repairs to Kara Bridge expansion joints have paralyzed the Lagos-Ibadan Expressway again, with some commuters reaching home after 2 a.m. and engineers questioning past work.

Ondo herbal drink deaths climb to 49 as crisis spreads to Irele

Deaths linked to a suspected poisonous herbal drink in Ondo State have climbed to 49, with the crisis now reaching Irele Local Government Area.

Lagos-Ibadan Expressway: Motorists trapped for 14 hours after seven-vehicle crash at Kara Bridge

A seven-vehicle crash at Kara Bridge left motorists on the Lagos-Ibadan Expressway trapped for more than 14 hours on Tuesday, with fares tripling on the route.

Aliko Dangote explains why petrol stays expensive despite local refining

Aliko Dangote says petrol remains expensive despite local refining because his refinery buys crude at global prices, but promises Nigeria will face no shortages.