Tag: dollar

Isime EseneDecember 13, 2016

YNaija Analysis: Like Jonathan, Buhari has become a very dangerous president

In the months prior to the 2015 general elections, the wind of ‘change’ swept through Nigeria. Almost everyone was excited ...

ToluNovember 22, 2016

[The Legislative Blog]: We should applaud the Senate for rejecting CBN’s FOREX proposal

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele is obviously in a struggle to keep up with ...

Oreoluwa PetersSeptember 1, 2016

#30Days30Voices: ‘People are hungry but ….’ | Man assesses the Buhari administration

With the critical Forex situation, crashing oil prices and the volatile situation of the economy, there appears to be a ...

Isime EseneAugust 25, 2016

Emir Sanusi is as stern as they come – 12 reasons we’re totally feeling his vibe

by Tolu Omoyeni The Emir of Kano and former Central Bank governor, Sanusi Lamido Sanusi is resolute in his opinions ...

Mazi EmekaAugust 14, 2016

According to the CBN governor, this is why the Naira is falling

Governor of the Central Bank of Nigeria, Godwin Emefiele, on Saturday, explained that the Naira is depreciating against the dollar ...

Mazi EmekaAugust 5, 2016

Nigerians on Twitter react to CBN’s subsidized exchange rate for Hajj pilgrims

Following the news that the Central Bank of Nigeria (CBN) intends to give subsidy on foreign exchange to Hajj pilgrims, Nigerians ...

Isime EseneJuly 21, 2016

How to solve Nigeria’s current Forex scarcity, by Dolapo Oni

by Dolapo Oni Nigeria urgently needs to increase the supply of dollars in the economy, especially at the interbank market ...

Mazi EmekaJuly 6, 2016

New forex policy: Import duty increases

Custom duties on imported cargoes has skyrocketed to 43 percent following the implementation of the Central Bank of Nigeria’s new ...

Adebayo EmuleomoJuly 3, 2016

Nigerians will not buy airline tickets in foreign currency anymore – This is why

Airlines operating in Nigeria have been warned by the Nigerian Civil Aviation Authority (NCAA) to desist from selling flight tickets ...

Isime EseneJune 22, 2016

Opinion: What do you want Okonjo-Iweala to do?

by Bade Adebolu Nigeria is struggling in the face of a 40 percent slump in crude prices since the second half ...

Op-Ed EditorJune 17, 2016

The week ahead – A light has appeared at the tunnel’s end

The CBN has finally let go of pegs on the naira, allowing the market forces to determine the true value ...

Mazi EmekaMay 16, 2016

Get ready for another round of fuel scarcity

Nigerians should be set to witness another round of fuel scarcity as some sea vessels are stuck on the coast ...

Adebayo EmuleomoMay 15, 2016

Even the president of the Bureau de Change association is wailing

The President of Association of Bureau de Change of Nigeria, Aminu Gwadabe, has declared that there is no better option ...

Ada IgboanugoMay 14, 2016

Report: Buhari devalues Naira 290 to Dollar

President Muhammadu Buhari has agreed to demands to devalue the Nigerian currency to N290 against the dollar, according to SaharaReporters. This ...

Janeth JMarch 1, 2016

‘Naira, IGR’ | I have the master plan, and no one has approached me – Ifeanyi Ubah

Chairman, Capital Oil and Gas Limited, Ifeanyi Ubah, who says he has the master plan to bring the naira back ...

Op-Ed EditorFebruary 26, 2016

Opinion: The naira, dollar and the heat in our houses

I grew up in Nigeria at a time when Nigeria was still in its early developmental stage, certain areas seem ...

Adebayo EmuleomoFebruary 24, 2016

Falana drags CBN to court over ‘weakened naira’

Human rights lawyer, Femi Falana (SAN) has filed a suit before the Federal High Court in Abuja on Wednesday, February ...

Kolapo OlapojuFebruary 24, 2016

Naira on road to recovery, rises to 280 against dollar

The Nigerian currency is finally gaining momentum after over a month of sharp decline against the American greenback. The naira, ...

Mazi EmekaFebruary 24, 2016

‘Increase in naira is artificial, people are manipulating it’ – Ifeanyi Ubah

Chief Executive Officer of Capital Oil and Gas, and a one time governorship candidate for Anambra state, Ifeanyi Ubah, on ...

Kolapo OlapojuFebruary 20, 2016

‘Naira would exchange for N700 to a dollar, if…’

Owing to the persistent depreciation of the value of the Nigerian currency- Naira- the Lagos Chamber of Commerce and Industry ...

Adebayo EmuleomoFebruary 19, 2016

Naira falls further, Nigerians react (READ)

The free falling that has characterised the naira- in recent time- continued at the parallel market on Thursday, February 18, ...

Kolapo OlapojuFebruary 16, 2016

‘Things may get worse’ | Naira crashes to record low of 345/dollar

The continuous fall of the Nigerian currency- naira- reached a record low of 345 against the dollar at the parallel ...

Kolapo OlapojuJanuary 14, 2016

Naira nosedives to lowest figure in 43 years, sells at N305 per dollar

At the close of trading on Wednesday, January 13, the Nigerian foreign exchange and stock market had sunk to a ...

Kolapo OlapojuSeptember 3, 2015

‘Buhari can’t possibly make naira equal to dollar’

A former Chairman of the Labour Party, Dan Nwanyanwu, says that President Muhammadu Buhari, will not make the Nigerian currency equal ...

Mallam YeroJuly 31, 2015

#YNaijaExplains: Why are some banks rejecting forex deposits?

One of the favourite past times of Nigerians over the last few months has been the daily check of exchange ...

Op-Ed EditorJune 30, 2015

Henry Boyo: Mr. President, removing fuel subsidy will make Nigerians suffer

by Henry Boyo  Instructively however, Nigerians may change from this same melody if a N50/litre rise in petrol price pushes ...

Kolapo OlapojuFebruary 12, 2015

Interbank trading briefly suspended as Naira crashes to 206 against dollar

by Kolapo Olapoju Earlier today, trading was briefly suspended for the second day in a row at the Interbank market. ...

Kolapo OlapojuDecember 18, 2014

Highest fall in 5 years: Naira trades for N187 to dollar

by Godwin Akanfe   The naira has experienced its highest fall in 5 years. The Nigerian currency fell by four ...

Kolapo OlapojuDecember 4, 2014

The Naira has truly lost its value: See what it’s being used for

by Azubuike Azikiwe At present, the naira is being traded against the dollar at the rate of 179 to 1. While ...

Op-Ed EditorSeptember 11, 2014

Opinion: The ‘Ponmocalypse’ is Here

by Gbenga Adeyemi Some days ago, at a conference in Ibadan, statements were made to the effect that the popular delicacy ...

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