Foreign inflow: NGX recorded a continued drop that extended to April – Report
NIGERIA, May 29 – The Nigerian Exchange Limited (NGX) has reported drop in the value of foreign inflow by 19.14 % for month-on...
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Naira scarcity Persist, traders ration cash as POS operators blame Banks for double standard
NIGERIA, Jan. 2 – Nigeria’s current cash scarcity is biting hard on people in the remote parts of the country. Some rural farm...
E-Naira grew by 284%, as the notes decline to N2.7tn – CBN
NIGERIA, Dec. 29 – The Central Bank of Nigeria (CBN) revealed that the volume of e-Naira in circulation grew by 284.6 % to N9....
Naira Stabilization: CBN will spend $3bn loan to stabilize economy – NEC
NIEGRIA, Sept. 29 – The National Economic Council (NEC) on Thursday also emphasized that the $3bn emergency loan-for-crude oil...
Nigeria’s naira drops to a record 980 to dollar on black market – abokiFx
NIGERIA, Sept. 20 – Nigeria’s naira fell to a record low on the black market on Wednesday, driven mostly by speculative...
Dollar Hike: ABCON urges FG to stop Binance Operations to Strengthen Naira
NIGERIA, August 9 (Forex) – The Association of Bureaux De Change Operators of Nigeria (ABCON) has urged the Federal Government...