Category : Search result: foreign exchange violations


Naira Falls Again: Loses Ground Against US Dollar

The Nigerian naira has reversed its recent gains, depreciating significantly against the US dollar across both official and parallel markets. This latest development raises concerns about currency stability and economic recovery efforts.

Nigeria Stock Crisis: ₦1.3Trn Lost in Day

Nigeria's stock market plunges deeper into turmoil as investors witness massive wealth erosion, raising concerns about market stability and economic recovery prospects.

Dollar Crashes vs Naira - Trump Warns Nigerian Government

The US dollar experiences dramatic crash against Nigerian naira with official and black market rates converging. Former US President Donald Trump warns Nigerian government about economic policies. Latest exchange rate updates and market analysis.

Nigeria Responds to US Religious Freedom Designation

The Federal Government has officially responded to the United States' decision to include Nigeria on its 'Country of Particular Concern' list for religious freedom violations. Get the full details on Nigeria's position and the implications of this designa

Swiss Bank Profits Soar with Gold Price Surge

The Swiss National Bank reports staggering profits driven by soaring gold prices and favorable foreign exchange rates, marking a significant turnaround for the central bank.

Fuel Tax Delayed Until Naira Recovers, Oil Prices Fall

The Nigerian government delays controversial fuel tax implementation until economic conditions improve. Tax Chairman Taiwo Oyedele reveals the strategic pause awaiting naira appreciation and falling oil prices.

Nigeria's Economy Improving, Nearing Stability - IWG

Nigeria's economic outlook shows promising signs of improvement as the Inflation Working Group manager confirms the economy is approaching stability with reduced inflation and strengthened Naira.

Naira Soars to 10-Month High Against Dollar

The Nigerian Naira experiences remarkable recovery, reaching its strongest position in 10 months as dollar exchange rates plummet across official and parallel markets.

Nigeria Reps Approve Tinubu's $2.34B Loan Request

The Nigerian House of Representatives has approved President Bola Tinubu's request to borrow $2.34 billion and €100 million from international lenders to fund critical infrastructure projects and support the 2024 budget.

Naira Surges: Dollar Crashes to 2025 Low

BREAKING: Nigerian Naira stages dramatic recovery against US Dollar in forex markets. Expert analysis reveals what's driving this unexpected turnaround and what it means for your money.

South Korea Gifts Trump Ancient Golden Crown Replica

In a remarkable diplomatic move, South Korea has gifted former US President Donald Trump an exquisite replica of an ancient golden crown from the Silla Kingdom, showcasing cultural diplomacy at its finest.

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