Tag:dollar

Naira loses against dollar

The Naira on Friday lost slightly to the dollar, exchanging at N436.33 compared with N436.32 on Thursday. The open indicative rate closed at N433.83 to...

How dollar spending limit is affecting businesses in Nigeria

Over the past month, Nigeria’s commercial banks declared reduced limits on international transactions using naira debit cards to $20 per month. It means Nigerians would...

Naira vs Dollar: EFCC raids Bureaux de Change operators

Operatives of the Economic and Financial Crimes Commission (EFCC) on Friday raided Wuse Zone 4, home to most bureaux de change in Abuja. The raid,...

Naira dips further from N422.71 to N430 per dollar

The Naira has continued to decline after it recorded another big fall in the official market on Tuesday, losing 0.9 per cent to the...

Naira gains marginally, exchanges at 420 to dollar

The Naira on Wednesday appreciated at the Investors and Exporters window, exchanging at 420 to the dollar, a 0.18 per cent appreciation against N420.75...

Why I’ll jail any govt official spending foreign currency in Nigeria —Peter Obi

A former Anambra State governor and presidential aspirant on the platform of People’s Democratic Party (PDP) has vowed to jail any serving government official...

Naira records another fall against dollar

The exchange rate at the Investors and Exporters window closed at N416.67/$1 on Thursday, representing a 0.04% depreciation compared to N416. 50/$1 recorded on...

Massive job cut looms as dollar hits N590

The lingering foreign exchange scarcity in the country has continued to worsen even as the exchange rate on the parallel market is inching towards...

Latest news

Lagos, Kano, 10 Others Hold Back as State Police Gets 24-State Approval

…Presidential working group hails constitutional breakthrough as Adamawa rejects two clauses Nigeria's proposed establishment of state police has moved closer...
- Advertisement -spot_imgspot_img

Swiss Diplomat’s Wife Confirmed as Nigeria’s Ebola Patient, Husband Isolated

…WHO, Africa CDC investigate source of infection as conflicting accounts emerge over patient's travel history The woman who tested positive...

INTERPOL Arrests Two in Nigeria Over $2.4m Investment Fraud, 2.1 Million Email Addresses

…Global cybercrime crackdown leads to 1,462 arrests, recovery of over $105m across 21 countries The International Criminal Police Organisation (INTERPOL)...

Must read

Lagos, Kano, 10 Others Hold Back as State Police Gets 24-State Approval

…Presidential working group hails constitutional breakthrough as Adamawa rejects...

Swiss Diplomat’s Wife Confirmed as Nigeria’s Ebola Patient, Husband Isolated

…WHO, Africa CDC investigate source of infection as conflicting...