#naira — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #naira, aggregated by home.social.
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The Speaker as a Herald: How Edo’s Power of the Purse Got Turned Upside Down by Lawson Akhigbe
On the surface, it sounds like great news for infrastructure. But listen closely to the phrasing: "The Governor has told me that he’s going to construct so many roads… The Governor has even approved the construction… Another road that the Governor has said he will also do…" -
The Speaker as a Herald: How Edo’s Power of the Purse Got Turned Upside Down by Lawson Akhigbe
On the surface, it sounds like great news for infrastructure. But listen closely to the phrasing: "The Governor has told me that he’s going to construct so many roads… The Governor has even approved the construction… Another road that the Governor has said he will also do…" -
The naira traded sideways against the US dollar in the official window on Monday, reflecting low payment pressure following the Apex Bank’s FX manual notice.
https://dmarketforces.com/naira-trades-sideways-as-market-digests-cbn-fx-manual/
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The naira mixed on Thursday, slipping against the US dollar (US$) at the Nigeria Foreign Exchange Market (NFEM) as international payments surpassed FX supply.
https://dmarketforces.com/naira-slides-against-us-nigerias-fx-reserves-near-2009-high/
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The naira extends its rally against the US dollar and other Western currencies at the Nigeria Foreign Exchange Market (NEFM) as data show the country’s external reserves continue to gain momentum.
https://dmarketforces.com/naira-extends-rally-as-nigerias-foreign-reserves-grow/
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The naira rose against the US dollar on Tuesday as demand for international payments declined, with data showing a moderate slide in interbank FX turnover
https://dmarketforces.com/naira-rises-to-n1361-nfem-interbank-fx-turnover-slides/
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The naira rallied against crosses in the currency market as proceeds from Nigeria’s hydrocarbon sales continue to boost the country’s foreign reserves.
https://dmarketforces.com/naira-gains-as-hydrocarbon-sales-proceeds-boost-fx-reserves/
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The naira climbed against the US dollar to 1,373 at the Nigerian Foreign Exchange Market (NFEM) at the close of the trading session on Friday.
https://dmarketforces.com/naira-climbs-as-nigerias-foreign-reserves-cross-49bn/
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The naira climbed against the US dollar to 1,373 at the Nigerian Foreign Exchange Market (NFEM) at the close of the trading session on Friday.
https://dmarketforces.com/naira-climbs-as-nigerias-foreign-reserves-cross-49bn/
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The Nigerian naira declined across foreign currency markets due to surging demand for the US dollar, the Euro and the Sterling. Daily FX data released by the Central Bank of Nigeria (CBN) showed that the local currency
https://dmarketforces.com/naira-weakens-on-rising-u-s-dollar-outflow-fx-reserves-top-49bn/
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The naira recorded a market-wide rally as Nigeria’s economy expanded in the first quarter of 2026, according to the statistics office, with FX data showing the dollar retreated on Middle East hope.
https://dmarketforces.com/exchange-rate-improves-as-growth-optimism-boosts-naira-demand/
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The naira slipped against the US dollar as a 6% weekly drop in Bonny Light tightened inflows from hydrocarbon FX receipts, keeping Nigeria’s external reserves balance below $49 billion.
https://dmarketforces.com/naira-slips-against-us-dollar-as-bonny-light-crude-drops/
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Increased demand for the US dollar in the Nigerian foreign exchange market (NFEM) knocked the naira down to N1,375 on Friday, according to a daily FX publication released by the Central Bank.
https://dmarketforces.com/naira-drops-to-n1375-as-interbank-fx-turnover-crashes/
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The Nigerian local currency, naira, climbed against the US dollar at the Nigerian foreign exchange market (NFEM) amid improved hard-currency liquidity.
https://dmarketforces.com/naira-climbs-to-n1372-as-interbank-fx-turnover-rises/
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The naira weakened further across the official and parallel markets on Tuesday. The local unit depreciated by 0.01% to ₦1,373.87 against the US dollar at the Nigerian foreign exchange market (NFEM) window as pressures persisted.
https://dmarketforces.com/naira-falls-on-fx-liquidity-shortfall-nfem-turnover-dips/
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The naira depreciated against the US dollar on Monday at the Central Bank of Nigeria’s Foreign Exchange Market (NFEM) as FX inflow remained stiff.
https://dmarketforces.com/naira-depreciates-as-stiff-fx-inflow-keeps-local-unit-on-edge/
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The naira depreciated against the US dollar on Monday at the Central Bank of Nigeria’s Foreign Exchange Market (NFEM) as FX inflow remained stiff.
https://dmarketforces.com/naira-depreciates-as-stiff-fx-inflow-keeps-local-unit-on-edge/
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The Nigerian naira opened weak on Monday after a weekly value depreciation of N10 against the US dollar. The local currency fluctuated despite the authority interventions in the official window, suggesting rising demand for international payments.
https://dmarketforces.com/naira-opens-weak-nigerias-fx-reserves-signal-uptrend/
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The naira, Nigeria’s local currency, slipped against the US dollar as FX turnover at the Nigeria Foreign Exchange Market (NFEM) window decreased today, according to an official publication.
https://dmarketforces.com/naira-slips-as-interbank-fx-turnover-reduces-at-official-window/
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The naira fell against the US dollar at the Nigerian Foreign Exchange Market (NFEM) window for the third consecutive trading session amid growing FX payments from eligible market participants
https://dmarketforces.com/naira-falls-on-squeezed-fx-liquidity-at-nfem-window/
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The Nigerian naira dived across Nigerian foreign exchange markets against the US dollar, reflecting increased demand for offshore payments and other settlements
https://dmarketforces.com/naira-dives-across-fx-markets-exchange-rates-gap-narrows/
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The naira drifted against the US dollar at the official window on Friday, reflecting a momentary shift in foreign currency liquidity amid a surge in demand.
https://dmarketforces.com/naira-drifts-against-u-s-dollar-on-fx-liquidity-shortfall/
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The naira gains 4.42% in four months as FX reforms hold despite oil price volatility and declining external reserves. Nigeria’s gross external reserves had hit a 2009 high of $50.02 billion, but retreated due to significant outflows related to
https://dmarketforces.com/naira-gains-4-42-in-4-months-as-fx-reforms-hold/
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The Nigerian local currency, the naira, rallied across the currency markets on Thursday, driven by improved FX liquidity. In its daily FX report, the Central Bank reported that the spot FX rate rose by ₦1.49 to N1355.85 against the U.S. Dollar
https://dmarketforces.com/naira-official-rate-climbs-to-n1355-on-stronger-fx-supply/
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The naira rebounded in the Nigerian Foreign Exchange Market (#NFEM), appreciating by a significant 67 basis points (bps) against the U.S. Dollar
https://dmarketforces.com/naira-pops-spot-rate-climbs-to-n1357-per-u-s-dollar/
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The naira dropped against the US dollar at the Nigerian Foreign Exchange market (NFEM) on Tuesday on increased demand for foreign payments.
https://dmarketforces.com/naira-dips-to-n1366-fx-turnover-interbank-deals-rise/
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The naira exchange rate climbed to N1365 per dollar at the official market in the absence of significant demand for international payment. The forex market liquidity improved as interbank trading deals spiked...
https://dmarketforces.com/daily-fx-update-naira-exchange-rate-climbs-to-n1365/
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The naira rallied against the US dollar at the Nigerian foreign exchange market (NFEM) on Monday, reflecting improved liquidity in the official window. The naira climbed to N1365...
https://dmarketforces.com/naira-rallies-on-60m-interbank-fx-turnover/
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The Nigerian naira gained about N11.80 kobo per US dollar (USD) at the official window in April, closing at N1374.9431, according to daily FX publications released by the Apex Bank.
https://dmarketforces.com/naira-gains-n11-80-against-u-s-dollar-in-april/
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The naira rose against the US dollar at the Nigeria Foreign Exchange Market (#NFEM) amidst a significant surge in interbank turnover, according to daily FX data published by the Central Bank.
https://dmarketforces.com/naira-climbs-to-n1379-as-interbank-fx-deals-turnover-surge/
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The naira dropped sharply against the US dollar at the Nigerian Foreign Exchange Market (NFEM) on Tuesday as FX payments surged above liquidity.
https://dmarketforces.com/exchange-rate-falls-to-n1380-as-naira-sold-off/
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Video ~ ANEEJ, IMF Meet Over Cost Of Living Biting Hard In Nigeria ~ OsazuwaAkonedo
ANEEJ, IMF Meet Over Cost Of Living Biting Hard In Nigeria ~ OsazuwaAkonedo #ANEEJ #Dollar #Food #ForeignExchange #IMF #Inflation #Naira #Nigeria Africa Network For Environment And Economic Justice, ANEEJ Alongside Other Civil Societies In Nigeria On Monday Met With Representatives Of International Monetary Fund, IMF In Abuja Following The Economic Hardship Biting Hard On Nigerians And…
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Video ~ Court Rules On $2.045m Linked To Emefiele Nov 1
Court Rules On $2.045m Linked To Emefiele Nov 1 #Law #Abuja #cbn #EFCC #Emefiele #Godwin #Lagos #Naira #news ©October 12th, 2024 ®October 14, 2024 6:52 am Federal High Court sitting in Lagos State has fixed November 1, 2024 to rule on the application brought before it by the Economic and Financial Crimes Commission, EFCC for the final forfeiture of the properties and monies linked to the former Central Bank of…
https://osazuwaakonedo.news/video-court-rules-on-2-045m-linked-to-emefiele-nov-1/09/10/2025/
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→ Nigerians are building affordable alternatives to AWS and #Google Cloud
https://restofworld.org/2025/aws-google-cloud-nigeria-alternatives/“The payments to #AWS gradually skyrocketed as the naira depreciated around 70% against the #dollar between 2020 and 2024”
“Besides the option to pay in #naira, these companies allow #Nigerians to store their #data within the #country — an advantage most of their Western rivals lack. #Local servers give businesses the benefits of low #latency and data #localization […].”
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Nigeria Receives Nearly $100,000 From Unlicensed Crypto Firms - The Nigerian government received nearly $100,000 from two cryptocurrency firms acc... - https://news.bitcoin.com/nigeria-receives-nearly-100000-from-unlicensed-crypto-firms/ #foreignexchange #cryptocurrency #africa #naira #usdt
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Nigeria Injects $543.5M to Shore up Naira - The Central Bank of Nigeria (CBN) injected $543.5 million into the Nigerian foreig... - https://news.bitcoin.com/nigeria-injects-543-5m-to-shore-up-naira/ #foreignexchange #africa #naira #usd
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Nigeria Central Bank Governor Defends Naira Float Decision - The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, emphasized the... - https://news.bitcoin.com/nigeria-central-bank-governor-defends-naira-float-decision/ #exchangerate #newsbyte-3 #newsbytes #naira
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Nigeria Introduces System to Boost Forex Market Transparency - The Central Bank of Nigeria (CBN) is launching a new electronic system (EFEMS) to ... - https://news.bitcoin.com/nigeria-introduces-system-to-boost-forex-market-transparency/ #foreignexchange #usdollar #africa #naira
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Nigerian Currency Plunges After Central Bank Rate Hike - The Nigerian Naira weakened significantly against the U.S. dollar following the Ce... - https://news.bitcoin.com/nigerian-currency-plunges-after-central-bank-rate-hike/ #foreignexchange #depreciation #newsbyte-3 #newsbytes #naira
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Nigeria Court Freezes $38M of Crypto Allegedly Sent to Support Protests in the Country: Reports - Nigerian authorities have traced $50 million of cryptocurrency sent to support recent pro... - https://www.coindesk.com/policy/2024/08/16/nigeria-court-freezes-38m-of-crypto-allegedly-sent-to-support-protests-in-the-country-reports/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #nationalsecurity #regulations #courtcases #protests #nigeria #binance #policy #naira #news
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Nigeria Acts to Stabilize Currency with Forex Auction - The Central Bank of Nigeria (CBN) will reintroduce a foreign exchange auction syst... - https://news.bitcoin.com/nigeria-acts-to-stabilize-currency-with-forex-auction/ #foreignexchange #usdollar #africa #forex #naira
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Nigerian central bank alleges unauthorized transactions by Binance - In a Nigerian court on Friday, July 5, Binance's illegal operations were... - https://cointelegraph.com/news/cbn-criticizes-binance-unauthorized-banking-nigeria #financialtransactions #unauthorizedbanking #nadeemanjarwalla #tigrangambaryan #cryptocurrency #blockchain #binance #nigeria #fintech #naira #cbn #sec
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Nigeria’s Bitcoin interest unfazed by regulatory restrictions - Notably, Lagos, Nigeria’s commercial nerve center, falls outside the top... - https://cointelegraph.com/news/nigerias-bitcoin-interest-unfazed-by-regulatory-restrictions #currencyfluctuations #monetaryreforms #economiccrisis #cryptocurrency #economicwoes #stablecoins #inflation #nigeria #bitcoin #naira #usdt
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‘Spraying’ Naira Notes Causes Depreciation, Warns Nigerian Anti-Graft Body - The Economic and Financial Crimes Commission (EFCC) has issued a warning against t... - https://news.bitcoin.com/spraying-naira-notes-causes-depreciation-warns-nigerian-anti-graft-body/ #currencydepreciation #newsbyte-3 #newsbytes #naira
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Cryptocurrency Exchange Kucoin Suspends P2P Services for Nigerian Naira - Kucoin, a global cryptocurrency exchange platform, announced on May 15 that it has... - https://news.bitcoin.com/cryptocurrency-exchange-kucoin-suspends-p2p-services-for-nigerian-naira/ #newsbyte-3 #newsbytes #nigeria #naira
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Nigerian Currency Becomes Worst-Performing After Erasing All Early April Gains - The Nigerian currency, which has been depreciating against the U.S. dollar in the ... - https://news.bitcoin.com/nigerian-currency-becomes-worst-performing-after-erasing-all-early-april-gains/ #cryptoexchanges #foreignexchange #usdollar #nigeria #africa #naira
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Nigeria to Delist Naira From Crypto P2P Space to Curb Manipulation - The Federal Government of Nigeria, through the country’s regulator, is considering to del... - https://cryptonews.com/news/nigeria-to-delist-naira-from-crypto-p2p-space-to-curb-manipulation.htm #altcoinnews #nigeria #naira #news #p2p
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Nigeria to ban peer-to-peer crypto trading in naira - Nigeria’s SEC is set to launch a new regulatory framework for crypto exc... - https://cointelegraph.com/news/nigeria-ban-crypto-p2p-exchange #cryptocurrency #peer-to-peer #government #nigeria #trading #binance #bitcoin #naira #sec #p2p
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Nigeria's SEC Proposes 400% Increase to Crypto Firm Registration Fees - The regulator proposed increases to all supervision fees as the country cracks down on th... - https://www.coindesk.com/policy/2024/03/18/nigerias-sec-proposes-400-increase-to-crypto-firm-registration-fees/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #regulations #nigeria #binance #policy #naira #news
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Nigeria Targets Binance for User Data in Crypto Crackdown - Nigerian authorities have reportedly requested Binance, the largest cryptocurrency exchan... - https://cryptonews.com/news/nigeria-targets-binance-for-user-data-in-crypto-crackdown.htm #blockchainnews #binance #nigeria #naira #news
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Binance-Nigeria Brawl Continues As Country Asks Exchange to Submit List of Top 100 Users - Nigeria wants Binance to give information regarding its top 100 users in the country and ... - https://www.coindesk.com/policy/2024/03/13/binance-nigeria-brawl-continues-as-country-asks-exchange-to-submit-list-of-top-100-users/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #tigrangambaryan #regulations #nigeria #binance #policy #naira #news
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Binance Will Discontinue Its Nigerian Naira Services After Government Scrutiny - Two Binance executives were recently detained in the country, and the exchange’s CEO Rich... - https://www.coindesk.com/policy/2024/03/05/binance-will-discontinue-its-nigerian-naira-services-after-government-scrutiny/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #regulations #nigeria #binance #policy #naira #news
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Binance Removes Nigerian Naira from P2P Service Amid Devaluation Concerns - Cryptocurrency trading platform Binance has made the decision to remove the Nigerian curr... - https://cryptonews.com/news/binance-removes-nigerian-naira-from-p2p-service-amid-devaluation-concerns.htm #blockchainnews #binance #nigeria #naira #news
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Nigeria’s Headline Inflation Increases as Central Bank Intensifies Foreign Exchange Controls - In the first month of 2024, Nigeria’s headline inflation rose from nearly one perc... - https://news.bitcoin.com/nigerias-headline-inflation-increases-as-central-bank-intensifies-foreign-exchange-controls/ #currencydepreciation #foreignexchange #usdollar #africa #forex #naira
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Nigerian Stablecoin Consortium Seeks Central Bank Approval After Making a U-Turn on Stablecoin Launch - The Nigerian stablecoin consortium has said it will not be launching a stablecoin ... - https://news.bitcoin.com/nigerian-stablecoin-consortium-seeks-central-bank-approval-after-making-a-u-turn-on-stablecoin-launch/ #centralbankdigitalcurrency(cbdc) #regulatoryapproval #nigeriastablecoin #digitalcurrency #africa #naira