Naira
Official and parallel markets near convergence as naira hits N1,500 per dollar
The official and parallel markets are trading at almost the same rates following the crash of the naira against the dollar in the last three weeks.
Dangote loses $2.6 billion as naira emerges as world’s worst-performing currency
The reversed fortune of the naira has caused Dangote's net worth to plummet by $2.6 billion in one month after rising to $17.7 billion in April this year.
Naira now worst performing currency in the world, expert speaks on next rate
The Nigerian currency is now among the world's worst-performing currencies, joined by other African currencies, following a reversal of gains in recent weeks.
American Express, O3 capital launch 4 business credit cards in Nigeria, CEO speaks on benefits
American Express and O3 Capital have launched Nigeria's first business credit card, offering Nigerians a more hassle free dollar based transactions.
ABCON speaks on plans to help naira recovery as traders sell dollar at new exchange rate
The Association of Bureau de Change Operators of Nigeria (ABCON) has announced measures to help naira recovery amidst traders selling dollar at new rates.
"Help in a divine way will come ur way": Sam Larry's showers Naira Marley with prayers on his b-day
Controversial show promoter Sam Larry was recently in the news after he went online to celebrate his colleague, Naira Marley, as he turned a year older.
Access, UBA, GTB, zenith, others send message to customers as FG orders deductions on bank accounts
Commercial banks have announced to customers that it has begun charging stamp duty on mortgage-backed loans on all accounts as instructed by federal government.
Access, Zenith, UBA, currency dealers sell dollar at new rate as naira nears two-week low
The Nigerian currency, the naira, recorded a loss of N38 to the dollar on Thursday, May 9, 2024, in the official market and in the parallel segment of the FX market.
Boost for the naira as foreign reserves gain $262 million, highest in three weeks
Nigeria's foreign exchange reserve has witnessed a boost of about $262 million in 19 days to $32.369 billion, a major push to strengthen the value of the naira
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