Naira makes huge recovery, trades at N1,142/dollar at official market
The Naira on Friday gained huge appreciation at the official market, trading at N1,142.38 to the dollar. Data from the official trading platform of the FMDQ Exchange, a platform that…
Again, naira appreciates against dollar, here’s Tuesday’s black market rate
The naira has continued to appreciate against the dollar in both the official and black markets just moments before the MPC meeting which starts today. Political Economist NG reports that…
Cardoso magic: Naira keeps a steady rebound against the dollar
The Naira has continued its bullish run against the dollar in both the official and black market in what experts attributed to the improved and innovative forex policy of the…
Naira keeps appreciating against dollar in the black market: Investigation
After hitting an all-time zenith of over N1,900 to a dollar in the black market, the naira has maintained a bullish momentum against the dollar, appreciating by over N30 within…
Fellow Nigerians: A plea to the poor killing the poor, by Ken Ugbechie
Today, I write to appeal to Nigerians; to importers, distributors, dealers and retailers of goods and services. I appeal to your conscience to take it easy on your fellow Nigerians…
Was is it bankers who took away our dollars? Asks Segun Sanni
US Dollar Nigeria is a peculiar place where those who know absolutely nothing about a topic would be making outlandish claims on the topic with supreme confidence that would make…
Naira crashes to N1,712 to a dollar as stocks fall to record lowest in one year
The naira fell to record lows on both the official and unofficial markets on Monday, while stocks posted their biggest one-day fall in more than a year, as jittery investors…
Gazelle versus Naija, By Sam Omatseye
This has nothing to do with the slugfest in Ivory Coast, where Nigeria’s Super Eagles seem airborne. With the exploits of gangling Osimhen and the dribbling wizardry of diminutive…
A toast to a floating naira, by Ken Ugbechie
You need not be told that the naira, Nigeria’s currency since January 1, 1973, is very sick and in intensive care unit. The once very virile naira, stronger than the…
EXPLAINER: Why the naira is falling and what next befalls the ailing currency
Nigeria’s naira is on the brink of breaching 1,000 per dollar after falling to an official record low of 999 last week, Refinitiv data showed, tracing its weakness on the…