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A make-up artist in Nigeria has been sentenced to six months in jail for abusing the currency, the naira, by flinging it while dancing at his wedding celebration last December. Abdullahi Musa Huseini, ...
THE Naira yesterday depreciated to N1,629 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data published by the Central Bank of Nigeria, CBN, showed that the indicative exchange rate ...
Nigeria’s central bank sold dollars to lenders to stem an erosion of the naira exchange rate, after a selloff induced by US tariff turbulence. The Abuja-based Central Bank of Nigeria sold $197. ...
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Naira Abuse: CBN set to take action as commoditization of local currency occurs in Lagos, Abuja, othersThe Naira is more than just a currency; it is a symbol of our national identity, and its strength is crucial for the economy.” CBN shares plan to tackle commoditization of Naira Legit.ng ...
The Naira appreciated on Friday in the official market, trading at N1,536.82 to a dollar. Data from the Central Bank of Nigeria website showed that the Naira gained N1.84. This represents a 0.11 ...
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