Tag: naira
Fire fighters save property worth millions of naira in Ilorin
Ilorin- No fewer than four shops were saved from being destroyed by fire in Ilorin on Saturday, following the quick intervention of the men...
Naira hits N208 to the dollar at BDCs, Black Market
LAGOS - The Naira on Friday depreciated against the dollar as it traded at N208 from the N191.50 it sold for on Monday, Jan....
Expert says extension of forex trading days could further weaken naira
LAGOS - A foreign exchange dealer, Mr Harrison Owoh, on Thursday said the CBN's upward review of banks' daily foreign currency trading positions could...
Goods worth millions of Naira destroyed as fire guts 5 buildings...
LAGOS - Goods worth millions of Naira were on Monday destroyed at the popular Balogun Market on
the Lagos Island, the News Agency of Nigeria...
Naira appreciates against dollar at official, parallel markets
LAGOS - The Naira on Friday appreciated against the dollar at both the official and parallel markets, a survey conducted by the News Agency...
Naira appreciates against Dollar at all markets
LAGOS - The Naira on Monday appreciated against the Dollar at both the official and parallel markets.
A survey conducted by the News Agency of...
Naira Devaluation: TUC to demand for new minimum wage in 2015
Lagos- The Trade Union Congress (TUC) said the congress would demand for wage increase for workers in the new year, following the devaluation of...
Naira devaluation: Analysts foresee end to stocks speculation on NSE
Lagos- Some financial experts on Monday said that the economic measures announced by the Federal Government would douse speculation and guard against the exit...
Nigeria’s naira falls to record low of 183.05 against the dollar
Nigeria's naira touched a new record low of 183.05 against the dollar on Monday, driven by concerns over a sustained low oil price and...
What the Naira devaluation means to your wallet
This week, the Monetary Policy Committee (MPC) of Nigeria’s Central Bank devalued the country’s naira from N155 to N168 a dollar. Falling global oil...
Elections, not only oil price batters the Naira
Falling oil prices may be a major cause of the current decline in the value of the naira, but it is not the only...
Naira devaluation will have positive, negative, ripple effects on economy —...
GWAGWALADA (FCT) - Dr. Obida Wafure of the Economics Department, University of Abuja, says the recent devaluation of naira by the Central Bank of...
APC critises devaluation of naira
Abuja- All Progressives Congress (APC) has critised devaluation of naira and described the development as not healthy for Nigeria’s economy.
The National Publicity Secretary of...
Devaluation: Naira hits N186 in black market
ABUJA - The exchange rate for the dollar in Abuja ``black market’’ on Wednesday stood at between N182 and N186, an investigation by a...
CBN announces naira devaluation
Abuja- The Central Bank of Nigeria (CBN) on Tuesday in Abuja announced devaluation of naira by N13 as part of measures the...
Naira value dips further at trading segments
LAGOS - The naira on Friday depreciated further against some major international currencies at the official, parallel and black markets.
The naira, at the official...
Institute cautions FG against hasty devaluation of naira
ABUJA - The Institute of Capital Market Registrars (ICMR) on Friday advised the Federal Government not to be in a haste to devalue the...
Fire destroys goods worth millions of naira in Kano
KANO - An early morning fire on Friday destroyed goods worth millions of naira at the popular Singer Market located on Ado Bayero road...
Naira records mixed trading at official market, BDCs
LAGOS - The Naira on Friday closed trading on a stable terrain against the dollar at the official market.
The naira was traded at N155...
Man in court for attempt to allegedly deposit fake naira notes...
LAGOS - A 28-year-old man, Oluwaseun Clegg, on Friday appeared before an Igbosere Magistrates' Court in Lagos charged with attempting to pay some fake...