The Naira yesterday depreciated to N1,670 per dollar in the parallel market from N1,660 per dollar on Tuesday. Similarly, the Naira depreciated to N1,550 per dollar in the official foreign ...

The value of the naira has depreciated further against the US dollar in the foreign exchange markets New data from FMDQ Securities shows that the naira fell slightly on Tuesday in the official market ...

The naira dropped against the dollar at official and parallel foreign exchange markets at the close of Wednesday amid Nigeria’s inflation rise. FMDQ data showed that the naira weakened further ...

Nigeria has lost $310 billion in its gross domestic product (GDP) in the last decade, driven by naira devaluation, low productivity and stagflation – a combination of high inflation, stagnant economic ...

A recent report by Bayo Adedipe and Associates suggests the Naira will settle at N1,574/$1 in 2025. For context, the exchange rate closed in 2024 at N1,553/$1, marking only a slight shift. Nairalytics ...

The Economic and Financial Crimes Commission (EFCC) has invited Subomi and Wahab, sons of billionaire industrialist Razaq Okoya, for interrogation over alleged abuse of the naira. A video had gone ...

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The Economic and Financial Crimes Commission (EFCC) has invited Subomi and Wahab, the sons of Razaq Okoya, the billionaire industrialist, for interrogation over alleged abuse of the naira.

The Economic and Financial Crimes Commission (EFCC) has invited two children of billionaire businessman, Chief Razaq Okoya, for questioning over alleged naira abuse. The EFCC Spokesperson ...

The Economic and Financial Crimes Commission has invited Wahab and Raheem Okoya, sons of billionaire businessman, Chief Razaq Okoya, for questioning over alleged naira abuse. Raheem and Wahab are ...

The Police authorities also said the Police escort seen in the video holding the bundles of the Naira notes for the two rich kids has been identified and detained for disciplinary action.

The Nigerian Police Force (NPF) says it has detained an officer seen in a viral video seemingly abusing the naira in cahoots with the sons of Razaq Okoya, the billionaire industrialist.