Tag: naira

Uzondu Precious Chimaobi Jailed 4 Years for Refusing Naira in Dollar Transaction.

Lagos, Nigeria —  A Lagos-based jeweller, Uzondu Precious Chimaobi, has been sentenced to four years in prison by the Federal…

If You Think Raye is right, Wait Until You See How Naira Fares Against Other African Currencies.

For many Nigerians, the struggles of the naira are a daily reality. Prices rise, salaries stay the same, and the…

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NNPCL Dismisses Reports of Naira-for-Crude Deal Termination with Dangote Refinery.

Amid circulating reports suggesting a rift in its crude oil supply arrangement with Dangote Refinery, Nigeria’s state-owned oil company has…

The Fall of the Naira: How President Tinubu’s Policies Are Crushing Nigeria’s Economy.

Despite earlier promises of fiscal responsibility, President Tinubu’s administration has continued to rely heavily on borrowing, raising concerns about Nigerias…