Tag: Naira
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5 Easy Ways To Detect Fake Naira Notes
5 Easy Ways To Detect Fake Naira Notes – Fraudsters are increasingly producing and utilizing counterfeit Naira notes as payment options. And these counterfeit notes have cost merchants a lot of money because they carry the complete loss. Counterfeit is a major issue, and everyone should exercise caution. Also, counterfeits are not only printed in…
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Today Rate: Naira crumbles to 920/$, fuel marketers push for fresh price hike
Naira crumbles to 920/$ fuel marketers push for fresh price hike – Oil marketers, on Thursday, insisted on a possible hike in the pump price of Premium Motor Spirit, popularly called petrol, following a further plunge in the value of the naira against the United States dollar. The local currency weakened against the greenback at…
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Today: Naira depreciates against US Dollar at forex market
Naira depreciates against US Dollar at forex market The Country’s currency, Naira, depreciated against the US Dollar on Wednesday at the official foreign exchange market. Official data from FMDQ disclosed that the Naira depreciated to N951.22/$1 on Wednesday from N806.73/$1 on Tuesday. This represents a 7.91 per cent or 144.49 loss in the local currency…