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Naira

Lagos Electrician Alleges Four-Day Police Detention, ₦45,000 Extortion Over Missing Phone

KEY POINTS Lagos electrician Sunday Moses Olugbemi alleges police detained him for four days...

Gunmen Kidnap Worshippers at Niger Mosque

K KEY POINTS Gunmen abducted worshippers from Kpenya Mosque in Niger State during Friday prayers. ...

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

Lagos Electrician Alleges Four-Day Police Detention, ₦45,000 Extortion Over Missing Phone

KEY POINTS Lagos electrician Sunday Moses Olugbemi alleges police detained him for four days...

Gunmen Kidnap Worshippers at Niger Mosque

K KEY POINTS Gunmen abducted worshippers from Kpenya Mosque in Niger State during Friday prayers. ...

Osun Govt Warns Against Fresh Violence After Election

KEY POINTS Osun Government warns of alleged plans to cause fresh violence at council...

Tinubu Suspends Three Perm Secs Over Alleged Fake Agency in SGF Office

KEY POINTS Tinubu ordered the arrest of George Nwabueze over an alleged fake office...