Naira

Economy

Nigeria reports sudden and huge Naira gain — the most in six weeks

Plu Team -
The naira rose big against the dollar on Tuesday, recording its best performance in...
Economy

Understanding how CBN’s new record high interest rate affects you

Olawale Afolabi -
The Central Bank of Nigeria has raised its benchmark interest rate to a new...
Economy

CBN likely to raise interest rate again as naira declines

Plu Team -
The naira's continued slump and Nigeria's persistently high inflation are likely to force the...
Economy

Nigeria’s inflation soars to 33.67%, piling pressure on consumers

Olawale Afolabi -
Nigeria's inflation rate continued its relentless climb in April 2024, reaching 33.69%, according to...
Economy

Naira tumbles past 1,500 to dollar – first time in 2 months

Olawale Afolabi -
The Naira extended its latest decline Tuesday, tumbling below N1500 on the parallel market...
Companies

Dangote says devaluation of naira “biggest mess” of 2023

Olawale Afolabi -
Nigerian billionaire Aliko Dangote has blamed the Nigerian government's devaluation of the naira for...
Economy

Naira tumbles after brief rally as Nigeria dollar supply falls

Olawale Afolabi -
The naira weakened Tuesday for a third straight day after a brief period of...
Economy

CBN expected to raise interest rate further as naira strengthens

Olawale Afolabi -
The Central Bank of Nigeria will announce its latest interest rate decision today, a...
#PriceTracker

As naira gains, Nigerians promptly ask: When will prices drop?

Olawale Afolabi -
A surge in the value of the naira has sparked a wave of optimism...
Economy

Goldman Sachs bets big on naira, sees big gain soon

Oge Udegbunam -
Global investment bank Goldman Sachs is bullish on the naira, predicting significant appreciation in...
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