Naira floating

UPDATED: FG May Crackdown On Black-Market Currency Traders – Oyedele

October 31 (THEWILL) - Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr. Taiwo Oyedele, has said that the government may crack down on illicit currency traders, commonly called back-market money dealers. He also gave the...

Shocker: Naira In Worst Fate, Tumbles To N993.82/$ On Official Window

October 30, (THEWILL) - In an unprecedented twist of events, the Nigerian naira suffered a significant plunge in the financial market on Monday, October 30, 2023, the lowest since the currency float policy was introduced mid-June, 2023. The currency,...

UPDATES: Speculators Hurting Badly As Dollar Drops To N1000-$1 In Black Market

October 27, (THEWILL) - The Naira, on Friday, recorded major gains in the parallel market with the local currency recording a major rebound with dealers offering $1 to N1000 from Thursday’s N1300 - $1. Similarly, £1 was exchanged for N1250...
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‘Ramaphosa Had No Role’ – South Africa Accuses Fani-Kayode of Wrongly Linking President to Broadcast Blackout

South African Presidential Spokesperson, Vincent Magwenya, said Ramaphosa had no involvement in the broadcast disruption, insisting that the incident was an operational matter and not a deliberate attempt to silence Nigeria.
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