naira

Naira Strengthens to N1,608/$1 as Parallel Market Drops Below N1,600/$1
Naira Strengthens to ₦1,608/$1 as Parallel Market Drops Below ₦1,600/$1

The naira has appreciated significantly against the dollar in both the official and parallel markets,…

Naira's Projected Drop to N1,993/$1 Puts Medical Imports at Risk
Naira’s Projected Drop to N1,993/$1 Puts Medical Imports at Risk

The Nigerian naira is projected to depreciate to N1,993 per US dollar by 2028, according…

Naira
The Rise And Fall Of The Naira: Experts Tell Neusroom What Must Be Done To Stabilise The Currency

The gains witnessed by the naira, Nigeria’s currency, within the last month, have been wiped…

Naira Dollar Inflation
Nigeria’s Inflation Surges Towards 3-Decade High Despite Naira Strengthening Against Dollar

Amidst the recent gains by the Naira against the dollar, Nigeria’s inflation rate remains unabated…

How President Tinubu, US, and UN Reacted to the Deadly Suicide Attacks in Borno That Killed 18
Is Tinubu’s Economic Policies Paying Off? Expert Explains Why Naira Is Gaining Against The Dollar

For weeks, the naira, Nigeria’s currency, has surged against the dollar, making it the world’s…

President Tinubu Signs ₦70K Minimum Wage Bill into Law
Is Tinubu’s Economic Policies Paying Off? Here’s Why Naira Is Gaining Against The Dollar

In June 2023, the administration of President Bola Tinubu, Nigeria’s president, introduced an economic policy…

President Bola Tinubu secures loan from world bank
Explainer: Here’s Why Naira Is On A ‘Free Fall’ Against Dollar

Nigeria’s currency has been on a ‘free fall’ since the beginning of the year. Yesterday,…

Fake News: We've not devalued the naira - By CBN
Fake News: We’ve not devalued the naira – By CBN

The attention of the Central Bank of Nigeria (CBN) has been drawn to a news…

Godwin Emefiele and President Buhari
How Nigerians are forced to adopt CFA as means of exchange over Naira scarcity

In November 2022, when President Muhammadu Buhari unveiled the newly-redesigned N200, N500, and N1,000 notes,…

Nigerian Naira
The Story Of How Naira Replaced The Pound As Nigerian Currency

January 2022, makes it 49 years since the Naira became Nigeria’s official currency. Although it…

CBN Governor Godwin Emefiele
Neusroom Explainer: Why Naira has continued to fall in the parallel market

It was a windy Saturday morning in 2020.  I accompanied a few maritime colleagues to…

Who are the NIGERIANS o the naira note YT
Who are the Nigerians on the Naira note?

In 2012, the governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi, announced that…

The Naira Is About To Lose A Lot More Value, Here’s Why

Crude oil prices have dropped to $36 per barrel, almost 45% less than the $57…

Police arrest 14 ‘scapegoats’ trading in Naira notes in Kwara

Fourteen suspects have been arrested in Kwara for allegedly trading in the currency.

Adeboye places deadly curse on “those destroying the naira”

This won’t end well for naira destroyers.

Lawmakers threaten CBN probe over multi-billion-naira remittances

Where’s all the money?

Buy Nigeria to grow Naira: Senate launches #MadeInNigeria contest to support locally made products

Interested local manufacturers are expected to record a video between 45 seconds and 3 minutes showcasing their products or services that are alternatives to imported ones.