Naira
Naira faces rejection from traders at borders amid depreciation concern
Trans-border traders are increasingly hesitant to accept the naira, instead, favouring either the CFA franc or the local currencies of non-francophone nations.
CBN gives fresh order to Zenith, GTB, Access, others on naira loans to customers
He claimed that bank customers are currently using Foreign Currency (FCY) as collateral for Naira loans, a situation that the Central Bank of Nigeria has seen.
Naira performs better in black market than official window as It gets new ranking in Africa
The Nigerian currency, the naira, has continued its positive trajectory against the US dollar, outperforming the expectations of research organisations worldwide.
Dollar dipped below N1,000 under Tinubu's govt? Fact emerges
A post on social media claims that the US dollar crashed to N650. A claim in late March 2024 said the dollar equivalent of the naira “is now N850.”
“Charge for service in dollars and go to jail”: EFCC issues stern warning to schools, hotels, others
The EFCC chairman, Ola Olukoyede, on Monday, April 8, 2024, warned schools, supermarkets, hotels, and others against the dollarisation of Nigeria's economy.
British pound loses to naira as Nigerian currency continues to gain in April, Nigerians react
Recent CBN data has shown that the naira was valued at N1,585.78/£ as of April 4, against the price of N1,680.88/£, which it closed in the previous month.
"Tani baba baby": Naira Marley joins the DNA conversation surrounding Mohbad's wife and his son
A clip of Naira Marley using a song to taunt Mohbad's wife, Wunmi, went viral. The video came after Mohbad's father insisted on a DNA test for Liam.
"Sell your dollar now": Fresh prediction reveals how naira will rise
Reno Omokri, a former presidential aide, has listed 16 things Nigerians must start doing to continue to strengthen naira against dollar while making fresh prediction
Currency traders send crucial message to CBN as Access, others quote new rates to sell dollars
The Association of Bureaux de Change Operators of Nigeria (ABCON) has asked the Central Bank of Nigeria (CBN) to reduce the rate it sells FX to them.
Naira
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