Tag: Naira

Naira Crashes to 300 Against Dollar at Parallel Market

The Nigerian Naira on Tuesday hit an all time low against the…

Farouk Mohammed Farouk Mohammed

Nigeria Banks to Begin Accepting Cash Dollar Deposits

The Central Bank of Nigeria (CBN) has perfected plans to rejig forex…

Farouk Mohammed Farouk Mohammed

Naira Depreciation is the Fault of Ex-President Goodluck Jonathan – FG

The federal government has said that the depreciation in Naira is the…

Farouk Mohammed Farouk Mohammed

Naira Slumps N260 To The Dollar In Record Slump At The Parallel Market

Fears have increased that the Nigerian economy may be heading for the…

Farouk Mohammed Farouk Mohammed

Naira Slide Continues as Dollar Hits N249 at Parallel Market

The naira on Wednesday continued to depreciate at the parallel market as…

Farouk Mohammed Farouk Mohammed

Naira Drops to 251 Per Dollar, External Reserves at $29.7bn

The Naira crashed further against the dollar from 247 last Thursday to…

Farouk Mohammed Farouk Mohammed

Naira Hits All Time Record Low Against Dollar.

The Nigerian Naira yesterday fell to a record low against the dollar…

Farouk Mohammed Farouk Mohammed

Naira to Depreciate Further Following CBN’s Action on BDCs.

The Nigerian naira is expected to depreciate further next week following CBN's…

Farouk Mohammed Farouk Mohammed