Tag:Naira

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...

Increased productivity will improve value of Naira — Experts

Only increased productivity and a change in consumption patterns of Nigerians will shore up the value of the naira. This was among the consensus reached...

Naira notes will be out of circulation soon- CBN

The Central Bank of Nigeria has said that paper currency will soon be out of circulation, urging market men and women to sign into...

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...

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Forbes Billionaire Index: Dangote, Adenuga Gain, Rabiu Loses

Foremost Nigerian businessman and industrialist, Aliko Dangote has recorded major gain in his wealth while Abdul Samad Rabiu saw...
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Industrialization key to diversification of the economy – Dangote

The Pan-African Conglomerate, Dangote Industries Limited (DIL) has emphasized the crucial role of industrialization in diversifying the economy. The Regional...

Cybersecurity Expert, Dr. Ibrahim Waziri Jr, others appointed into FG’s Digital Health Committee

The Nigerian Federal Government has taken a significant step towards digitizing and transforming its healthcare sector by appointing a...

Must read

Forbes Billionaire Index: Dangote, Adenuga Gain, Rabiu Loses

Foremost Nigerian businessman and industrialist, Aliko Dangote has recorded...

Industrialization key to diversification of the economy – Dangote

The Pan-African Conglomerate, Dangote Industries Limited (DIL) has emphasized...