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Nigerian Banks Encourage Foreign Currency Conversion
Entertainment

Naira Trades at ₦1,440 per Dollar in Parallel Market

On Friday, February 2, the Naira was valued at ₦1,440 against the dollar, a slight decrease from the previous day’s

Abuja Foreign Exchange Black Market Halts Trading Amid Naira Depreciation
Music

Abuja Foreign Exchange Black Market Halts Trading Amid Naira Depreciation

On February 1, in Abuja, Nigeria, the black market for foreign exchange abruptly halted trading, leaving customers stranded. The operators,

Foreign Exchange Crisis: OPS Worried as Depreciation of Naira Severely Affects Businesses
News

Foreign Exchange Crisis: OPS Worried as Depreciation of Naira Severely Affects Businesses

The Central Bank of Nigeria and the FMDQ Securities Exchange have released data indicating that the value of the Nigerian

Naira's Devaluation Crisis: Impact on Education, Travel, and Business in Nigeria
News

Naira’s Devaluation Crisis: Impact on Education, Travel, and Business in Nigeria

The Nigerian naira has experienced significant depreciation against major currencies, impacting various sectors and causing widespread distress. The fluctuation in