Naira

Nigeria not using foreign reserves to defend naira, says CBN governor

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, clarified that Nigeria is not utilising its foreign reserves…

7 months ago

Tinubu’s Naira Miracle: Abracadabra or Economic Wizardry? | By Adeniyi Olowofela

Prior to assuming the presidency of Nigeria, Asiwaju Bola Ahmed Tinubu garnered the confidence of the majority of Nigerians with…

7 months ago

‘$1/N465 remains’, CBN denies claim of Naira devaluation

Nigeria's apex bank - the Central Bank of Nigeria (CBN) has reacted to reports claiming that it has devalued the…

1 year ago

Naira strengthens against dollar

Barely 24 hours, the Naira was forced to a downward trajectory by dollar scarcity, it bounced back, closing at N477…

4 years ago

Election: How Billions Of Naira Were Moved To Jonathan’s Residence

Former NSA Sambo Dasuki and former President Goodluck Jonathan: billions moved from CBN to Jonathan’s residence More details have now…

7 years ago

FG approves construction of Kaduna-Ibadan rail road for $6.7bn

THE Federal Executive Council, FEC on Wednesday approved $6.7 billion for the construction of Kaduna - Ibadan rail road. Also,…

7 years ago

Naira depreciates to N369.5/$ in NAFEX

The naira yesterday depreciated to N369.5 per dollar in the Investors and Exporters (I&E) window in spite of increased dollar…

7 years ago