The British Pound rebounded against the United States Dollar following an announcement by Kwasi Kwarteng, Chancellor of the Exchequer, that the plans to abolish the 45%...
In 1987, you will need N4 to buy $1. In 1989, it was N7.39 kobo to $1. By the time General Ibrahim Babangida left power in...
The Nigerian Naira depreciated to N737 against the United States Dollar at the parallel market, popularly known as the black market, on Thursday following the Independent...
Global economic uncertainty amid the decision to cut tax by over 50% despite the rising inflation rate has plunged the Pounds Sterling to a 37-year low...
E-Naira Mobile Application has so far recorded 905,588 downloads, with 282,600 active users.
The Nigerian Naira exchanged at N707 to a United States Dollar on the black market, a N2 decline from N705 it traded on Tuesday.
The Central Bank of Nigeria (CBN) has said a total sum of $7.6 billion was used to defend the Nigerian Naira in the first five months...
Nigerian Naira will decline even further despite losing over 100% of its value since President Muhammadu Buhari came to power.
The Naira opened the day at N433.75 to a United States Dollar before closing at N436.32 on the Investors and Exporters' forex window.
The Nigerian Naira ranked fourth among the worst performing currencies in Africa since January 2022, a report by Steve Hanke, a Professor of Applied Economics and...
