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The Nigerian naira recorded its highest depreciation against the dollar this week at the official foreign exchange market amid United States of America President, Donald Trump’s...
Dangote Petroleum Refinery has announced suspension of sale of petroleum products in naira. This was announced in a notice sent to petroleum marketers, on Wednesday afternoon....
The Federal Government has revealed its intention to remove the Naira from all peer-to-peer (P2P) platforms. Emomotimi Agama, the Director-General of the Securities and Exchange Commission,...
The Central Bank of Nigeria (CBN) appears to have capitulated after many years of resisting pressure from the World Bank and the International Monetary Fund (IMF) to...
The naira has been on a downward spiral, with the exchange rate for one US dollar reaching an all-time high of 733 naira at the black...
