Naira Continues to Strengthen, CBN Sells N1,251 per Dollar The Central Bank of Nigeria (CBN) has issued a circular to Bureau De Change operators (BDCs), informing them that it has sold $10,000 to each BDC at a rate of N1,251/$1. In a circular issued by the...

Buy Made-in-Nigeria Goods to Strengthen Naira - Tinubu Urges Nigerians   President Bola Tinubu has called on Nigerians to buy locally made goods and services in order to strengthen the Naira's value and bolster the nation's economy. While recognizing that the current value of the Naira...

CBN Policies Working as Exchange Rate Sees Highest Gain in 6 Weeks   The exchange rate between the Naira and the US Dollar gained 1.52% to close at N1,431/$ on Friday, March 22, 2024, continuing an upward trend that has lasted for seven consecutive days. According...

CBN Policies Working as Exchange Rate Sees Highest Gain in 6 Weeks   The exchange rate between the Naira and the US Dollar gained 1.52% to close at N1,431/$ on Friday, March 22, 2024, continuing an upward trend that has lasted for seven consecutive days. According...

Rewane: FX Crisis, Energy May Ruin Many Businesses Bismark Rewane, the renowned economic expert, has expressed his optimism regarding the future of Nigeria’s currency, the naira, forecasting brighter days ahead despite its recent depreciation against major foreign currencies. Speaking on Channels Television’s Politics Today on Thursday,...

Rewane: FX Crisis, Energy May Ruin Many Businesses Bismark Rewane, the renowned economic expert, has expressed his optimism regarding the future of Nigeria’s currency, the naira, forecasting brighter days ahead despite its recent depreciation against major foreign currencies. Speaking on Channels Television’s Politics Today on Thursday,...