naira

The Central Bank of Nigeria (CBN) has prohibited the use of Foreign Currency-denominated collaterals for Naira loans by all Nigerian banks. This was contained in a letter to all…
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The Central Bank of Nigeria has written to all banks in Nigeria to stop the use of foreign currencies as collateral for naira loans. It disclosed this in a…
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Opera – the company behind the popular mobile browser, Opera Mini – announces a significant landmark in Nigeria: In 2023, Mini users have benefited from over…
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The Federal High Court in Lagos on Friday convicted controversial cross-dresser, Idris Okuneye, popularly known as Bobrisky for abusing the Naira. Justice…
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Imports of raw materials into the country rose by 25 per cent to N3tn in 2023. This is according to the Foreign Trade Statistics data published by the National…
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The Economic and Financial Crimes Commission has arrested and detained controversial cross-dresser, Idris Okuneye aka Bobrisky, over abuse of naira, spraying of…
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The naira, on Wednesday continued its gain against the United States dollars, appreciating both at the official foreign exchange and parallel markets, to the…
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The Naira further gained at the official market, trading at N1,262.85 to a dollar on Wednesday. Data from the official trading platform of the FMDQ revealed that the Naira gained…
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Renaissance Capital Africa report suggests that 2024 has a positive outlook for Nigeria with a strengthening currency and a rise in oil prices. Its latest…
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The naira began the new month on a bullish note, appreciating to N1,278.58 against the United States dollar from N1,309.39 per dollar recorded last week…
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