Naira

Business & Economy

Binance discontinues Nigeria naira services

Plu Team -
Binance, the top cryptocurrency exchange, announced the discontinuation of all Nigerian naira services on...
Business & Economy

CBN’s big rate hike hasn’t helped the naira just yet. Here’s why

Olawale Afolabi -
After months of waiting, the Central Bank of Nigeria on Tuesday delivered what Bloomberg...
Business & Economy

Binance executives detained in Nigeria after flying in for talks

Plu Team -
Two top executives at Binance were detained in Nigeria on Wednesday as the country...
Business & Economy

CBN announces huge interest rate hike in response to naira crisis

Plu Team -
The Central Bank of Nigeria (CBN) has announced a significant 400 basis point increase...
Business & Economy

Stocks, naira down. What worsening economy means for Nigerians

Ubong Ekott -
Nigeria's economic woes intensified on Monday, with both the naira and stock markets experiencing...
Business & Economy

Naira hits new low of 1,650 per dollar in intraday trading

Plu Team -
The naira fell to another record low of 1,650 to the dollar in intraday...
Business & Economy

Naira tumbles to new low as dollar scarcity persists

Olawale Afolabi -
The naira plunged to a new record low on Thursday, inching closer to the...
Business & Economy

Naira falls to new intraday low on official market

Plu Team -
Naira dipped to its lowest official mark ever on Tuesday, briefly touching 1,248 against...
Business & Economy

Naira resumes decline as CBN faces more FX backlog

Plu Team -
The naira weakened on Wednesday despite efforts by the central bank to clear a...
Business & Economy

Why naira is suddenly gaining against dollar

Plu Team -
The injection of dollars into the Nigerian foreign exchange market and the central bank’s...
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