Naira

Naira’s woes heighten, hits N1,225/$ as Nigeria Govt adopts reversal policy

VAM News Update THE naira, on Monday, continued its depreciation streak at the parallel section of the foreign exchange (FX)…

2 years ago

Relief for Naira, Tinubu’s Govt As Nigeria Wins P&ID $11bn Suit in UK Court

VAM News Update Nigeria has won its case against the Process and Industrial Developments Company, P&ID. In the case marked…

2 years ago

Details emerge as Exchange rate hits N1,210/$1

VAM News Update THE exchange rate between the naira and dollar opened the week at N1,200/$1 on P2P platforms on…

2 years ago

Worries as Naira Slumps Against US Dollar Again

VAM News Update VAM News Update Nigeria’s currency, the Naira, has further declined due to the increasing scarcity of the…

2 years ago

Why naira is in free fall – Ex-minister Aganga Shields Light

A former Minister of Finance, Olusegun Aganga, has explained that the naira would continue to be weak if the country…

2 years ago

As the dollar soars, it spreads hardship across Nigeria

VAM NEWS UPDATE Industries in the country are battling for survival owing to the continued slide of the naira against…

2 years ago

Naira hits 9% depreciation, trades N848/$

THE naira, on Tuesday, fell to N848 at the investors’ and exporters’ (I&E) window — the country’s official trading window.…

2 years ago

More Pains As Naira Plunges To 1,025/$

VAM News Update THE naira fell further on Tuesday as it exchanged for the dollar at the parallel market between…

2 years ago

Naira among Africa’s worst currencies, falls by 40% –W’Bank officially reveals

The Nigerian naira is among the worst-performing currencies in Africa, the World Bank has said.   It noted that the…

2 years ago

BREAKING: Naira collapses against Dollar at Investors, Exporters Window

The naira on Wednesday depreciated against the dollar as it exchanged at N756.21 at the Investors and Exporters window.  …

2 years ago