Tag: Naira

Court Sentences Man to Prison for Hawking New Naira Notes in Lagos

    Guilty Plea: Hammed Saka admitted to selling ₦800,000 new Naira…

Ekohot Editor

FX: Naira Struggles Against Dollar Despite Lower Inflation Figures

Mixed Reactions in Parallel Market: While one BDC operator reported a fall…

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Relief for Naira as Currency Strengthens Slightly Against Dollar

Naira Appreciates Slightly: The Naira strengthened to N1,550.36 per dollar on Friday,…

Ekohot Editor

Dave Umahi Demands Cement Price Reduction to N7000

 Umahi warned that if these companies fail to comply, he would report…

Ekohot Editor

Rebasing the Nigerian Economy: The Likely Outcome Global Economy

In the last few days, especially after the National Bureau of Statistics…

Ekohot Editor

Market Confidence Grows as Naira Gains in Parallel and Official Markets

Naira ends gains significantly, ending the month in on a big note …

Ekohot Editor

FX: Naira Ends Week Stronger in Black Market, Faces Pressure in Official Market

Naira gains momentum on  parallel market against Dollars  Made profits of N15…

Ekohot Editor

EFCC Arraigns Precious Uzondu for Alleged Refusal to Accept Naira as Legal Tender

According to the charges, Uzondu is accused of violating Section 20 of…

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Faruk Umar, Lagos BDC Operator Bags Jail Term

Umar's phone was confiscated and forfeited to the Federal Government of Nigeria.…

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Tinubu The Best Thing That Have Happened To Nigeria – Lagos Assembly

Lagos lawmakers praised Tinubu’s administration, citing economic growth and naira stability. They…

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