Prohibition of Foreign Currency Use in Nigeria: Senate Bill Scales First Reading | READ BENEFITS
The Senate has introduced a bill to prohibit foreign currency transactions in Nigeria, ensuring salaries, payments, and exports are conducted ...
Tag: naira
Why the Naira Is Among the 10 Worst Performing Currencies Globally
The naira is among the 10 worst-performing currencies globally, according to a Bloomberg report. Experts point to poor economic policies, ...
Experts Reveal Tinubu’s Order May Not Solve Dangote Refinery’s Issues
Experts caution that President Tinubu's recent directive to sell crude oil in Naira to Dangote Refinery may not alleviate the ...
Why President Tinubu Directed NNPCL to Sell Crude Oil to Dangote Refinery in Naira
President Tinubu has directed NNPCL to sell crude oil to Dangote Refinery in Naira, a move aimed at stabilizing fuel ...
Dogara Warns: Nigerians Could Switch to Dollar Amid FX Crisis
Dogara: Nigerians Might Ditch the Naira for the Dollar if FX Crisis Persists Yakubu Dogara, the former speaker of the ...
Naira Now World’s Worst Performing Currency – Bloomberg Report
Naira Now World’s Worst Performing Currency – Bloomberg Report The nation’s currency, the naira, has taken a downturn, emerging ...
Naira crashes again, trades at N1,459/$1 at official window
Naira crashes again, trades at N1,459/$1 at official window The Nigerian currency, the naira, continued its depreciation on Thursday May ...
FACT-CHECK: Did Cardoso Say CBN Isn’t Defending Naira?
FACT-CHECK: Did Cardoso Say CBN Isn’t Defending Naira? Some newspapers published headlines such as ‘CBN Not Defending Naira’ within the week. To ...
Naira May Further Depreciate By 35% In 2024 – IMF REVEALS WHY
The International Monetary Fund (IMF) has warned that the exchange rate of the Naira may further depreciate by about 35 ...
How Nigerian Government Can Strengthen The Naira – Senator Gives Tips | READ MORE
How Nigerian Government Can Strengthen The Naira - Senator Gives Tips | READ MORE Chairman of the Senate’s Committee on ...