Naira weakens, exchanges for N740/$ at parallel market
Nigerian naira, on Wednesday, weakened to N740 per dollar at the parallel section of the foreign exchange (FX) market.Information Guide Nigeria According to THE CABLE, this represents a…
Naira declines by 0.17% at official market
Naira has depreciated by 0.17 per cent yesterday at the official Investors and Exporters (I & E) Window as the Central Bank of Nigeria (CBN) struggles to sustain…
Peter Of Psquare Gifts Disabled Comedian 1 million Naira
One half of the famous Psquare duo, Peter Okoye popularly known as Mr P, has given a large sum of money to a disabled comedian.Information Guide Nigeria GISTLOVER…
NSCDC Arrest 3 For Printing Fake Naira, Dollar Notes
Nigerian Security and Civil Defence Corps (NSCDC), Zamfara State Command has arrested three persons in connection with fake currency worth N2 million.Information Guide Nigeria The Naira parading the suspects…
Naira, Fuel Scarcity, Inflation Push Nigerians Into Hunger – FAO
Naira scarcity, fuel scarcity, naira redesign policy and inflation of food commodities have been identified as key drivers that are pushing over 24 million Nigerians into hunger.Information Guide…
Currency swap crisis: Ogun speaker calls for calm
Speaker of Ogun House of Assembly, Olakunle Oluomo, has called on residents of Ogun State to remain calm. NEWS DAIRY reports that he has called on them to…
Naira makes further gains, exchanges at N461.10 to $1
Naira exchanged at N461.10 to $1 at the Investors and Exporters window on Thursday.Information Guide Nigeria PEOPLE GAZETTE reports that the figure represented an appreciation of 0.02 per…
Panic withdrawal causes scarcity of Naira in Nigeria
A Community leader has attributed the scarcity of money in the country to panic withdrawal engaged by Nigerians.Information Guide Nigeria A former Chairman of Ohanaeze Ndigbo in Anambra,…
“If rain drenches you….” – Lady shares what became of new naira note after it was mistakenly washed during laundry
A Nigerian woman has revealed what happened to a brand-new naira note that was forgotten in a pocket during laundry.Information Guide Nigeria The woman identified only as Chinazo…
Naira redesign will affect the poor, SMEs — W’Bank
The World Bank has cautioned that the newly redesigned naira, which entered circulation last week, may have a detrimental impact on economic activity, particularly among Nigeria’s poor, due…