Naira

Naira Devaluation: Emir Of Kano speaking for neo colonialists – NLC

Naira Devaluation: Emir Of Kano speaking for neo colonialists – NLC

Following the call by the Emir of Kano, Muhammadu Sanusi II, where he asked the Federal Government to devalue the Naira, and also remove the subsidy on petroleum products, Nigeria's apex workers' union, the Nigerian Labour Congress (NLC), has asked Nigerians to ignore the call.
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Bank indicts EFCC over N2trn seized assets

Bank indicts EFCC over N2trn seized assets

More facts emerged, yesterday, that the Economic and Financial Crimes Commission, EFCC, may have allegedly tampered with the N2 trillion seized assets and money recovered by the commission.

Naira falls by 98k despite CBN’s $500m

Naira falls by 98k despite CBN’s $500m

The Naira depreciated by 98 kobo at the interbank foreign exchange market and by one kobo at the official market in spite of $500 million sale by Central Bank of Nigeria.