Naira Soars, Approaching Historic Milestone Against Dollar Amid Global Tensions

The Naira experienced a significant rally against the US Dollar, breaking through critical resistance levels to trade below N1,000 in some segments of the black market as of late Sunday. 

Bobrisky Convicted For Naira Abuse, To Be Sentenced April 9

The Federal High Court in Lagos has fixed April 9, 2024, to sentence controversial cross-dresser and social media celebrity, Idris Okuneye, popularly known as Bobrisky.

JUST-IN: CBN Begins Sales Of Forex To BDCs

The Central Bank of Nigeria (CBN) has approved the sale of foreign exchange to eligible Bureau De Change operators (BDCs) to meet the demand for invisible transactions. 

Naira appreciates further, trades N1,025/$ at parallel market

The naira, on Monday, appreciated further at the parallel section of the foreign exchange market to N1,025 a dollar. This represents an appreciation of N15, or 1.44 percent, compared to…

Buhari To Citizens: Govt ‘ll Eliminate Squeeze, Chaos In Currency Swap

President Muhammadu Buhari says government will ensure that citizens are unharmed in their businesses and no disruption is caused to the entire supply chain arising from the currency swap due to end shortly.

BREAKING: Buhari Unveils Redesigned Naira Notes 

President Muhammadu Buhari, on Wednesday morning, formally unveiled three redesigned bank notes - N200, N500 and N1,000 - at the State House in Abuja.