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The Naira on Tuesday went down again at the official market, trading at N1,658.97 to the dollar. Data from the official trading platform of the FMDQ...
The naira experienced a significant decline against the dollar in the foreign exchange market following the Central Bank of Nigeria’s (CBN) fifth interest rate hike, raising...
Tinubu’s Govt Gives Fresh Prediction Of Naira To Dollar Exchange. Onanuga suggests the possibility of Naira trading below N1000 to a dollar in the near future....
BDCs will be getting the dollar from the CBN at the rate of N1,101/$. The CBN instructed them to sell dollars at a rate not exceeding...
President Bola Tinubu urged Nigerians to support locally made products to maintain the recent improvements in the naira’s value. The Tinubu administration implemented measures like ceasing...
EKO HOT BLOG reports that the Central Bank of Nigeria (CBN) has pegged the payment of cash dollar purchase to a customer at $500 saying that the...
Eko Hot Blog reports that six individuals have been apprehended in Lagos by the Economic and Financial Crimes Commission (EFCC) for their alleged participation in currency...
EKO HOT BLOG reports that the Presidency says a controlled floatation of the naira to prevent further devaluation would only return Nigeria to the economic regime of...
Eko Hot Blog reports that the Central Bank of Nigeria (CBN) has announced far-reaching measures to shore up the value of the Naira, with more liquidity...
Eko Hot Blog reports that the Central Bank of Nigeria has created a department to deal with crude oil sales transactions by the Nigerian National Petroleum...