Tag: Naira
Naira soars against dollar for first time in twenty-one days
On Wednesday, the Naira appreciated against the US Dollar on the unofficial parallel market, commonly referred to as the black market.
In afternoon trading, the...
Naira dips further to N1,190/$
Reports have revealed that the naira has continued its downward trend as scarcity of the dollar bites harder.
At the parallel market, naira commenced trading...
Naira dips further to 980/dollar amid worsening forex shortages
The naira continued to slump downwards after exchanging to the dollar at 980/$ at the parallel market on Wednesday.
Recall that a week earlier, the...
Naira crisis: Crypto transactions soar to $56.7bn
The naira continued to slump downwards after exchanging to the dollar at 980/$ at the parallel market on Wednesday.
Recall that a week earlier, the...
Naira dips further amid dollar shortages in banks
Reports say there seems to be a widening gap between the demand and supply of dollars in the banks and at the parallel market...
Fraudsters divert N472m customers’ funds in three months –Report
Bank customers in Nigeria lost N472m to fraud in the first quarter of 2023,a report by FITC has revealed adding that that there was...
Naira devaluation pushes Nigeria’s export to N42tn
The value of Nigeria’s export may rise to at least N41.99tn per year following the Central Bank of Nigeria float of the naira.
The apex...
Naira slumps to 702/$,amid fresh CBN supply hopes
At the close of business on Thursday, The naira traded at 702.19/dollar as the Central Bank of Nigeria has allowed for a free float...
Cash shortages crashed GDP to 2.3% in Q1 over cash shortage...
The cash scarcity escalated by the naira redesign policy of the Central Bank of Nigeria has influenced Nigeria’s Gross Domestic Product growth below global...
Cash scarcity paralyzed Nigeria’s economy – UN
The shortage of the naira in recent times paralyzed the Nigerian economy, the United Nations has disclosed.
It stated that the informal sector felt the...
Sustainable Agriculture as a Pillar of Climate Adaptation in Africa –...
Evelyn Dan Epelle, San Jose, California
ADIS24 - Africa stands at the forefront of climate change impacts, despite its low contribution to greenhouse gas emissions....
