E-Money Arrested by EFCC Over Alleged Naira Abuse
Emeka Okonkwo, Nigerian businessman and socialite, also known as E-Money, has been arrested by the Economic and Financial Crimes Commission (EFCC) over […]
Tag: Naira
Dollar/Naira: How Currency Hoarding Hurts Everyone in Nigeria
Nigeria’s economy is facing a turbulent storm as the dollar exchange rate soars, with the black market rate hitting N1700 to 1 […]
Naira Weakens Further to 1,410 Per Dollar on Black Market
In recent economic news, the value of the Nigerian naira in the parallel market has dropped to a staggering 1,410 per dollar, […]
Naira Hovers Around N1300/$ as Dollar Climbs in Unofficial Markets
In recent developments, the naira has been grappling within the N1300/$ range in the unofficial markets, while the U.S. dollar continues its […]
Naira’s Vulnerability Deepens Due to Ongoing Dollar Scarcity, Fitch Warns
The Nigerian naira is facing significant weakness against the dollar. There is a growing disparity between its official and parallel market exchange […]