Tag: American dollars
Naira slides for second week, hits N1,393 against dollar
The continued weakening of the local currency comes despite efforts by the Central Bank of Nigeria to stabilise the market.…
Chinese Yuan strengthens against U.S Dollar
In China’s spot foreign exchange market, the yuan is allowed to rise or fall by two per cent from the…
Naira loses ground to US dollar
An exchange rate of N444 to the dollar was the highest rate recorded within the day’s trading before it settled…
Updated: Naira suffers major crash at BDCs, Black market
By Abankula The Nigerian Naira is in a tailspin at the Black Market, a day after the Central Bank stopped…
Millionaire Robbery Suspect Paraded
A 49-year old Nigerian who claimed to be a Senator in Abuja, Princewill Arinze, has been arrested for alleged robbery…