Naira
BDCs send message to CBN on use of foreign currency as collateral, as Naira opens strong against USD
The Association of Bureau de Change Operators of Nigeria (ABCON) has thrown its weight behind CBN's policy that prevents banks from using FX as collateral.
Dollar bows as naira stages remarkable recovery in both official and black markets
The naira registered an impressive surge in value on the official and unofficial markets as the Nigerian local currency appears to be making a comeback.
Dollar exchange rate: Shehu Sani slams Nigerians for not crediting Adeboye’s prophecy for naira rise
Senator Shehu Sani has lambasted Nigerians for not giving credit to Pastor Enoch Adeboye for prophesying that the naira would be stronger than the dollar of the US.
Naira becomes world’s best-performing currency, continues gain after 3 days to near N1,000/$1
A dollar sold for N1,125 on the streets or the black market on Friday, April 12, after a three-day holiday break, suggesting a slowing fall in demand.
Access, Zenith, others sell dollar at new rates as naira breaks records, gains in official market
The Nigerian currency, the naira, gained N1,142.39 in the official market as Goldman Sachs has said the Nigerian currency has emerged the world's best currency.
Omokri reacts as naira is declared world's best performing currency, sends message to Nigerians
Reno Omokri has expressed his happiness after Nigeria's naira was declared the world's best-performing currency by global investment bank, Goldman Sachs.
Dollar exchange rate: 'Why Naira is appreciating rapidly', Reno Omokri shares
The Bola Tinubu administration has not abandoned the flotation of the naira and is not defending it like previous administrations, Reno Omokri has said.
CBN slashes import duty rate after banning foreign currency collateral for naira loan
After the CBN recently banned the use of foreign currency for collateral, the customs exchange rate used to calculate import duty declined from N1,246 to N1,238.
Lagos-London ticket now N569k as international airlines slash prices to compete with Air Peace
Foreign airlines have further lowered their costs in an attempt to compete with Air Peace, which recently began offering flights on the Lagos-London route.
Naira
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