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20 Things Nigerians Must do to Stop Free Fall of Naira, By Reno Omokri

20 Things Nigerians Must do to Stop Free Fall of Naira By Reno Omokri The Naira is now ₦1348 to the Dollar, and you are blaming Tinubu. Perhaps you have not heard that the Naira has been floated. That means the laws of demand and supply...

Naira Falls Further to 414/Dollar

The naira fell to a new low of 414 against the United States dollar on Sunday amid the continued scarcity of foreign exchange in the country, with economic experts predicting further pressure in the forex market this week. The development came five days after the...

Naira Hits 390/Dollar, Rises on Interbank

The naira crashed to N390 to the dollar from 382 at the parallel market as the scarcity of foreign exchange worsened yesterday. The local currency has been under persistent pressure against the greenback owing to dollar scarcity at both the interbank foreign exchange market and...

Naira Drops to 382 as Dollar Scarcity Bites Harder

  The naira dropped to 382 against the United States dollar at the parallel market on Monday, down from the 380 it closed on Friday. The local currency had hovered between 375 and 380 against the greenback last week. The naira has been under a persistent pressure...