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Tag: naira

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How God stopped naira from falling to ₦10,000 per dollar- Adeboye

November 15, 2024

The General Overseer of the Redeemed Christian Church of God (RCCG), Pastor E.A. Adeboye, has said that without divine intervention, the exchange rate could have…

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Naira falls to 1,523 to the dollar amid fuel crisis, escalating food shortage

July 9, 2024

The naira depreciated at both the official and parallel markets on Monday, amid skyrocketing food inflation and fuel crisis. Fuel queues returned to the filling…

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Naira opens shop below N1000 against dollar at some segments of black market

April 15, 2024

The naira strengthened against major currencies on Monday the greenback saw an increased safe-haven demand, in the wake of an Iranian strike on Israel, putting…

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Forex losses hit currency dealers as CBN slashes BDC rate to N1,117.5/$

April 9, 2024

Currency dealers yesterday lamented mounting losses and declining dollar demand as the naira appreciated further in the official and parallel markets, following a 12 per…

Metro Plus

CBN sells forex to BDCs at N1,251/$1

March 25, 2024

The Central Bank of Nigeria (CBN) has issued a circular to Bureau De Change (BDC) operators informing them that $10,000 have been made available to…

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