Naira floating

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...

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,...

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...