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Nigerian Currency

The Nigeria Labour Congress has embarked on a nationwide protest on Tuesday after the rescheduled meeting between it and the Federal Government failed to hold in Abuja on Monday.-4

NLC cautions federal government against IMF recommendation on petroleum subsidy removal

The Nigerian Labour Congress (NLC) has cautioned the Federal Government against implementing the recommendation of the International Monetary Fund (IMF) on the removal of subsidy on petroleum products in the country.

ABCON: Predictions on Naira devaluation speculative, sabotage

Alhaji Aminu Gwadabe, President, Association of Bureau De Change Operators of Nigeria (ABCON), on Monday in Lagos described prediction that the naira would fall to N415 to the dollar by the end of the year as speculative and act of sabotage.
Hon. Oladipupo Adebutu of the People Democratic Party, PDP, has emerged the factional governorship candidate of the party for the 2019 governorship election.

Ladi Adebutu: Federal government plans to devalue Naira by April

A sitting House of Representatives, member, Hon. Oladipupo Adebutu, has alleged that the Federal Government under the leadership of President Muhammadu Buhari is planning to devalue the Nigerian currency to Foreign exchange rate in April.

Police in Edo arrest eight suspected currency traders, recover N12 million

The Edo State Police Command has arrested eight suspects, who allegedly traded in Nigerian currency at different locations across Benin City, the Edo State capital.

Naira depreciates marginally against dollar

The Naira on Wednesday depreciated marginally against the dollar at the investors’ window, trading at N364, weaker than N363.72 posted on Tuesday.

Naira gains against dollar at parallel market

The Naira on Tuesday gained one kobo to exchange at N359 to the dollar, stronger than N360 posted on Monday.

Naira depreciates against dollar at investor’s window

Naira on Friday depreciated marginally against the US dollar at the investors’ window, exchanging at N362.64 compared to N362.32 posted on Thursday.

Naira weakens marginally against dollar at parallel market

The Naira on Monday weakened marginally against the dollar at the parallel market, the News Agency of Nigeria reports.

Naira sells at N358.5 to dollar at parallel market

The Naira on Wednesday appreciated marginally against the dollar at the parallel market in Lagos, exchanging at N358.50 to the dollar.

Naira gains against dollar at parallel market

The Naira on Friday firmed up against the dollar at the parallel market, gaining 20 kobo to exchange at N359 to the dollar, the News Agency of Nigeria reports.

Naira stable at N360/$ at parallel market

The Nigerian currency had been trading at N360 to the Dollar for four days running, while the Pound Sterling and the Euro closed at N486 and N420, respectively.

Naira remains stable at N360 to dollar at parallel market

The Nigerian currency had traded at same rate for the past two days, while the Pound Sterling and the Euro closed at N480 and N421 respectively.

Naira converges at N360 to dollar across major market segments

The Naira on Tuesday converged at N360 to the dollar across the major foreign exchange market, the News Agency of Nigeria reports.

Naira strengthens against dollar at parallel market

The Naira on Wednesday gained 50 kobo to firm against the dollar at the parallel market in Lagos, the News Agency of Nigeria (NAN) reports.

Ghana denounces ex-President Jonathan for misquoting Nana Akufo-Addo over Nigeria

Ghana’s High Commissioner in Nigeria, Mr. Rashid Bawa, has denounced ex-President Goodluck Jonathan for misquoting President Nana Akufo-Addo over security situation in Nigeria.

Naira depreciates against dollar at parallel market

The Nigerian currency lost one point to exchange at N363, weaker than N362 posted on Thursday, while the Pound Sterling and the Euro closed at N496 and N429, respectively.

Naira appreciates against dollar at parallel market

The Naira on Tuesday gained 2.3 points to appreciate against the dollar at the parallel market in Lagos, the News Agency of Nigeria (NAN) reports.

Naira depreciates against dollar at parallel market

The Naira on Monday depreciated against the dollar at the parallel market in Lagos, the News Agency of Nigeria (NAN) reports.

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