NAFEM Records Sharp Decline in Dollar Sales, Naira Depreciates Amid Forex Market Challenges
The Nigeria Autonomous Foreign Exchange Market (NAFEM) witnessed a notable downturn in dollar sales on Friday, with transactions plummeting by ...
Tag: US DOLLAR
Western Union, MoneyGram, and Others Directed to Pay Nigerians in Naira Instead of Dollars
In a significant policy shift, International Money Transfer Operators (IMTOs) will now be required to pay Nigerian beneficiaries in Naira ...
Reno Omokri Advocates for Ban on Importation of Human Hair, Calls on Tinubu to Take Action
Former presidential aide, Reno Omokri, has called on President Bola Tinubu to consider banning the importation of hair as part ...
Senate Summons CBN Governor Over Economic Concerns
The Nigerian Senate has issued a summons to the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, requesting ...
Alleged Theft of Foreign Currency Rocks Nasarawa State Deputy Governor’s Office
Nasarawa State has been thrust into the spotlight following reports of a purported theft of an undisclosed sum in US ...
Marketers Anticipate Petrol Price at N900 per Liter Amidst Black Market Exchange Rate Soaring to 990/1k
In a recent statement, petroleum dealers have suggested that the pump price of petrol should be adjusted to fall within ...
IGP Sues Former Senator Andy Uba and Two Others Over Alleged ₦400 Million Fraud
The Inspector-General of Police (IGP), Kayode Egbetokun, has filed a legal suit against former Senator Andy Uba, who represented Anambra...
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