Tag: Naira Float

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Fake News: CBN Debunks Introducing Policy To Make $1 To N1.25

September 13, (THEWILL) - The Central Bank of Nigeria (CBN), has debunked viral social reports, that it is planning to introduce a new Naira...

CBN Announces New Guidelines For Bureau De Change Operations in Nigeria

August 20, (THEWILL) - In order to stem the slide in naira arising from dollar scarcity, the Central Bank of Nigeria (CBN) has announced...

NNPCL Secures $3bn Crude Repayment Loan To Stabilise Naira

August 16, (THEWILL) - The Nigerian National Petroleum Corporation (NNPC) Limited says it has secured a $3 billion emergency crude repayment loan to support...

Naira Inches Towards N1000/$1, 2 Months After Emefiele’s Suspension

The naira plunged deeper to N948/$1 at the parallel market on Friday, August 11, 2023 – two months after Mr Godwin Emefiele was suspended...

Devaluation: Dangote, Nestle Nigeria, Others Battle N517bn Forex Loss in HY-2023

Ten major manufacturing firms in Nigeria, mainly in the consumer goods group, reported a total of N517.1 billion in non-recovery, net foreign exchange losses...

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Gov. Diri Lauds Police On Professionalism, Synergy With Sister Agencies

May 22, (THEWILL)- Bayelsa State Governor, Douye Diri, on...

Detained Binance Executive Gambaryan Collapses In Court

May 23, (THEWILL)- The detained head of Binance Financial...

West Ham Star Paqueta Faces Betting Charges

May 23, (THEWILL)- West Ham United midfielder, Lucas Paqueta,...

Banky W Successfully Undergoes Fourth Cancer Surgery

May 22, (THEWILL)- Nigerian singer, Olubankole Wellington, popularly known...

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