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Uzondu Precious Chimaobi was sentenced to four years in prison for refusing to accept naira as payment, violating the CBN Act. His company, Unlimited Jewellers Limited,...
Naira strengthens in black market: The naira appreciated to N1,610/$1 from N1,620/$1 due to lower demand for dollars, gaining N10 in a single day. Slight...
Black Market USD to Naira Exchange Rate in Nigeria for today, Wednesday, 16th April 2025 can be accessed below. What is the Dollar to Naira black market exchange...
Naira Depreciates: The naira has fallen to N1,585/$ at the parallel market, with a gap of over N40/$ from the official rate of N1,538/$, raising concerns...
Guilty Plea: Hammed Saka admitted to selling ₦800,000 new Naira notes at Villa Dome Event Centre in Ikoyi, Lagos. Court Ruling: Justice Ayokunle Faji...
Mixed Reactions in Parallel Market: While one BDC operator reported a fall to ₦1,577 per dollar, another noted a slight improvement to ₦1,585 per dollar. Inflation...
Naira Appreciates Slightly: The Naira strengthened to N1,550.36 per dollar on Friday, gaining N4.9 from Thursday’s rate of N1,554.85 at the official market. Black Market Stability:...
Umahi warned that if these companies fail to comply, he would report the issue directly to President Bola Ahmed Tinubu. The dollar was almost N2,000, they...
In the last few days, especially after the National Bureau of Statistics (NBS) released its figures on the rebased CPI , which indicated a reduction in...
Naira ends gains significantly, ending the month in on a big note Marks the strongest performance in a month Currency improves on both parallel and black...