“This Is Dollar Dollar”: Portable Gifts Upcoming Artist Thousands of Dollars
Popular Nigerian controversial singer Portable has given dollars to thousands of upcoming stars in the country.Information Guide Nigeria LEGIT.NG reports that the street pop was captured in a…
Naira loses to dollar, exchanges at 445.83
The naira was trading at 445.83 to the dollar at the Investors and Exporters window on Wednesday, down 0.01 percent from the previous day’s rate of 445.80. On…
Naira depreciation adds N9tn to foreign debt burden
The exchange rate between the naira and the dollar decreased from N196.92 in June 2015 to N414.72 in June 2022, hence increasing Nigeria’s external debt.Information Guide Nigeria The…
Naira begins new week on positive note, exchanges at N445.38 to the dollar
Compared to the N445.67 that the dollar was exchanged for at Friday’s close of business, the amount shows an increase of 0.07 percent. Monday’s closing open indicative rate…
EFCC chairman: Naira redesign may crash dollar to N200
The Economic and Financial Crimes Commission (EFCC) chairman, Abdulrasheed Bawa, believes the dollar will fall to N200 following the redesign of naira notes.Information Guide Nigeria Bawa stated this…
Naira ends one-week rally, depreciates to N790/$ at parallel market
The naira’s growing fortunes on the parallel market were reversed on Tuesday, when the local currency fell to N790 per dollar.Information Guide Nigeria The amount indicates a N80,…
Dollar may exchange Naira for 200 – EFCC Chairman
The Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has said the dollar might drop to ?200 after the redesigning of naira.Information Guide Nigeria Bawa…
Naira sustains rally as dollar rush subsides
In a new wave of continuous recovery following weeks of loss, the naira closed yesterday at N680/$ on the parallel market, registering a significant gain against the dollar.Information…
Currency speculators lose, as FX market dynamics change
Currency dealers who had been stockpiling dollars in anticipation of a further decline in the exchange rate of the Naira have begun selling the greenback at a loss…
Dollar Crisis: EFCC arrests 87 forex dealers in Lagos, Abuja, Kano
In an effort to combat the Nigerian currency rate issue, the Economic and Financial Crimes Commission (EFCC) continued its raids on Bureau de Change operators in key cities.Information…