Naira

Failure to stabilise naira forcing multinationals out of Nigeria — HURIWA

The Human Rights Writers Association of Nigeria (HURIWA) has blamed the mass exodus of multinational companies out of the country on the inability of the governor of the Central Bank of Nigeria

3 days ago

by Matthew Ogune

Naira gradually finding its feet, Cardoso declares

• Says Nigeria recorded $24b inflow Q1 2024 • CBN quickens settlement of Diaspora remittances The naira is gradually finding its value, as the worst days are over, Governor of the Central

5 days ago

News·Nigeria

CBN directs banks, IMTOs to pay diaspora remittances in naira

The Central Bank of Nigeria (CBN) Tuesday directed banks and International Money Transfer Operators (IMTOS) to pay all diaspora remittances in naira and match with the corresponding foreign currency inflows going forward.

5 days ago

Business·Business Service·Slide

Cubana Chief Priest’s naira abuse case dropped after settlement

The Federal High Court in Lagos on Tuesday struck out a charge against celebrity bartender, Pascal Okechukwu, popularly known as Cubana Chief Priest, over alleged abuse of the naira. Justice Kehinde Ogundare

6 days ago

Metro

The Iceman Cometh: Juxtaposing Tinubu’s scorecard

It will appear as if Eugene O’Neill’s The Iceman Cometh which is this article’s headlamp is nuanced in Nigeria’s socio-political development trajectory. The Iceman Cometh is a play that explores the lives

2 weeks ago

Opinion

No feasible alternative to subsidy removal and exchange rate floatation

The twin policies of fuel subsidy removal and the floating of the Naira’s exchange rate, to allow market forces determine it, have remained, perhaps, the most misunderstood issues in the governance of

2 weeks ago

Opinion

Mexican billionaire urges investment in Bitcoin amid naira depreciation

A Mexican billionaire and chairman of Salinas Group, Ricardo Salinas Pliego, has urged his followers to invest in Bitcoin following the depreciation of the naira. The naira’s decline has been so severe

2 weeks ago

Business·Nigeria|News·World

MultiChoice subscription declines by 7% on weaker naira

MulitiChoice Group demonstrated resilient operational performance for the year ended March 2024, delivering a 26 per cent trading profit margin in South Africa, while increasing trading profit in the Rest of Africa

3 weeks ago

News·Nigeria

FG plans six-month import duties suspension to tackle inflation

Nigeria has implemented some measures to ease inflation, with the Federal Government reportedly planning to suspend import duties on staple foods, drugs, and other essential items for six months. According to Bloomberg,

4 weeks ago

Business·Industry|News·National·Nigeria

Naira depreciates by 0.05% against dollar at official market

The Naira on Tuesday recorded loss at the official market, trading at N1,476.95 to the dollar. Data from the official trading platform of the FMDQ Exchange revealed that the Naira lost 83

4 weeks ago

Business News·National·Nigeria

Nigerians and Tinubu’s first year in office

Sir: Dear President Bola Tinubu, I use this medium with the hope that this open letter will reach your table.

4 weeks ago

Letters·Opinion

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Naira

Failure to stabilise naira forcing multinationals out of Nigeria — HURIWA

Naira gradually finding its feet, Cardoso declares

CBN directs banks, IMTOs to pay diaspora remittances in naira

Cubana Chief Priest’s naira abuse case dropped after settlement

The Iceman Cometh: Juxtaposing Tinubu’s scorecard

No feasible alternative to subsidy removal and exchange rate floatation

Mexican billionaire urges investment in Bitcoin amid naira depreciation

MultiChoice subscription declines by 7% on weaker naira

FG plans six-month import duties suspension to tackle inflation

Naira depreciates by 0.05% against dollar at official market

Nigerians and Tinubu’s first year in office

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