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Business

Cardoso defends CBN’s backing of naira, says it’s not responsible for FX reserve’s depletion

In an attempted defence of the decision of the Central Bank of Nigeria, (CBN) to defend the domestic currency, the naira, the governor of...

Business

CBN governor tells the truth about naira appreciation, external reserve depletion

The CBN governor has clarified that Nigeria's external reserve is not being used to defend the nairaHe said this following concerns that the CBN...

Business

Massive Job Loses Looms As Nigerian Breweries Shutdown Two Factories

Workers of Nigerian Breweries Plc are set to lose their jobs as the brewer is shutting down two of its nine factories in Nigeria...

Entertainment

Wahala! Days after sentencing Bobrisky for abusing the naira EFCC drags Cubana Chiefpriest to court

Days after popular crossdresser Bobrisky was thrown in jail for abusing the naira nightlife boss, Cubana Chiefpriest is set to be arraigned for the...

Business

See why CBN has another headache to save naira as foreign reserves fall to 7-year low

Nigeria's foreign reserves have dropped to one of their lowest levels in recent years following recent reforms embarked on by the CBNThe latest data...

Business

Naira gains heavily, touches N1,000/$ mark set by analyst

The naira traded at N1,000 to the dollar in the unofficial market by Monday afternoonThis is as analysts anticipated another wave of supply of...

Business

NSA vs Binance: How Ribadu's fight against cryptocurrency company helped naira against dollar

Reno Omokri, a chieftain of the PDP, has explained that the naira began to gain its feat the moment Binance, a global cryptocurrency company,...

News

Dollar exchange rate: Prominent politician reveals what Tinubu’s govt is doing to make naira rise

A house of representatives candidate in the 2023 general election, Obinna Nwosu, has explained what President Bola Tinubuâs administration did to make the naira...

News

Dollar exchange rate: Pastor Adeboye, others who predicted naira's fate

Nigeria's naira has been said to have established itself as the best-performing currency in the world in April, according to the global bank, Goldman...

Business

Shocking! Naira sets new record becomes world's best-performing currency

The dollar sold for N1,125 to the dollar at the opening of trade on Friday after a three-day holidayTraders said there were irregularities in...

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