Tag: Dollar, Naira
Naira depreciates marginally, exchanges at 445.83 to dollar
The Naira on Thursday exchanged at 445.83 to the dollar at the Investors and Exporters window, a depreciation of 0.12 per cent, compared with the 445.30 it...
Naira regains strength, exchanges at N445.38 to Dollar
The naira on Monday appreciated against the dollar at the Investors and Exporters window, exchanging at N445.38. The figure represents an appreciation of 0.07 per...
Expect dollar to fall to N200 – EFCC Chairman
The Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has hinted that the dollar might drop to ₦200 after the redesigning of naira...
Again, Naira on free- fall
…Exchanges for N900 to U.S. dollar The Naira is on a free fall following the decision by the Central Bank of Nigeria (CBN) to redesign the N200, N500 and...
Report: Ghana’s cedi now world’s worst-performing currency against US dollar
The Ghanaian cedi has become the worst performing currency in the world after it lost 45.1 percent of its value to the US dollar this year. Why terrorists don’t...
Forex:Naira remains at N430.33 to a Dollar
The Naira remained constant on Monday exchanging at N430.33 to the dollar at the Investors and Exporters window. It remained unchanged from its value on Friday....
Scarcity of U.S. Dollar threat to survival of tourism industry-NTDC
……likened to COVID-19 pandemic The Nigeria Tourism Development Corporation (NTDC) says the scarcity of the American dollar has become a worrisome threat to...
CBN blames Naira free Fall on non remittance of Dollars by NNPC
The Central Bank of Nigeria has blamed the free Fall of the Naira on official and parallel market on non-remittance of dollars to foreign reserves by the Nigeria...
Distortions, devaluation and de-Dollarisation
Distortions, Devaluation and De-Dollarisation Simbo Olorunfemi For almost four decades, Nigeria has been going round in circles, trapped in the wilderness of a...
Naira’s continuous free fall to dollar: Ayodele Prophesied it
The economic situation of Nigeria has continued to collapse since the administration of President Muhammadu Buhari began, especially his second term. Since his...
