Naira hits new low of N1348/$ on official market: Potential implications
In a concerning turn of events, the Naira plummeted to an unprecedented low of N1,348.63 per dollar on Monday, marking ...
Tag: dollars
Just in: CBN lifts restrictin on $10k deposit on domiciliary account
The Central Bank of Nigeria (CBN) has disclosed that cash deposits into domiciliary accounts will not be restricted, and ...
Naira falls to N737/$ as dollar soars higher
The Naira, on Thursday, depreciated further against the dollar at the parallel and official sections of the foreign exchange market. ...
Dollar scarcity has become another COVID-19 pandemic, says DG NTDC
The Nigeria Tourism Development Corporation (NTDC) says the scarcity of the American dollar has become a worrisome threat to the ...
Any government official spending dollars will be jailed if I’m elected, says Peter Obi
Peter Obi, a foremost presidential aspirant on the platform of the Peoples' Democratic Party, PDP, has vowed to jail any ...