Naira
The Nigerian currency, the naira, continues to perform poorly against the US dollar in the official foreign exchange market, but hope rises in the black markets.
Economist Muda Yusuf has argued in favour of lowering market volatility because he believes it will promote speculation and create unpredictability.
After announcing a slash in its cement price, Dangote Cement has announced a massive jump in its revenue and strong financial performance in key metrics.
Barrister Titilope Anifowoshe has explained the factors responsible for the performance of the naira against the dollar while urging the CBN to sustain the momentum.
Primate Elijah Ayodele, the founder of the Inri evangelical church, has told President Bola Ahmed Tinubu that the economy of Nigeria "is still hard".
Senator Shehu Sani said, "Dollar no de fear Cardoso again", as he reacted to the news of the naira crashing to ₦1,140 per dollar in the parallel market.
The Central Bank of Nigeria has increased the Customs foreign exchange rates for cargo clearance in Nigerian ports by 11.1% following the naira crash.
Nigerian currency, the naira recorded a woeful performance against the US dollar in the official and unofficial foreign exchange markets despite CBN recent efforts.
The EFCC has been send a fresh message over the arrest and prosecution of some celebrities including Bobrisky, Cubana Chief Priest to protect the sanctity of naira
Naira
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