Nigeria’s currency, the Naira, has experienced a significant strengthening against the US dollar at the parallel market. The exchange rate …
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Naira Appreciates Further Against Dollar in Official and Parallel Markets
The Nigerian Naira continued to strengthen against the dollar at both the official and parallel markets on Tuesday, March 20, …
Read More »Reno Omokri Slams Peter Obi: Naira Gains Value While LP Candidate Stays Silent
Socio-political activist Reno Omokri has once again criticized the Labour Party’s 2023 presidential candidate, Peter Obi, accusing him of being …
Read More »Tony Elumelu Supports CBN Decisions and Calls for Power Sector Revamp
Nigerian business mogul Tony Elumelu expressed support for the Central Bank of Nigeria’s (CBN) recent decisions in its Monetary Policy …
Read More »Obanikoro Urges Tinubu to Clarify Petrol Subsidy Status in Nigeria
Former Minister of State for Defence, Musiliu Obanikoro, has called on President Bola Tinubu to clarify the current status of …
Read More »FG’s Silence on Subsidy Return: Obanikoro Urges Transparency
Former Minister of State for Defence, Musiliu Obanikoro, recently highlighted the importance of transparency from the Federal Government regarding the …
Read More »Binance Halts Nigerian Naira Services Amid Regulatory Pressure
Binance, one of the world’s leading cryptocurrency exchanges, has announced its decision to cease all services related to the Nigerian …
Read More »IMF Urges Nigerian Government to Prioritize Food Insecurity Reduction
The International Monetary Fund (IMF) has recently stated that the Nigerian government should prioritize tackling food insecurity as its immediate …
Read More »Umahi: Tinubu Not Responsible for Current Hardship in Nigeria
Minister of Works, David Umahi, has defended President Bola Tinubu’s administration, stating that the current economic hardship in Nigeria is …
Read More »Naira Plunges to N1,600/$ in Parallel Market, US Dollar Hits Six-Week Low After Jobs Report Release
The Nigerian Naira experienced a significant depreciation at the parallel section of the foreign exchange market on Friday, reversing its …
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