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Around 1410 GMT on wednesday, bitcoin stood at $9,807.56 to record its lowest value since December 1 and a plunge of almost 50 percent since reaching a record high on December 18, according to data compiled by Bloomberg. "There was…

The Naira on Wednesday fell further to N492 to a dollar at the parallel market, from N490 it closed on Tuesday, the News Agency of Nigeria (NAN) reports. The Pound Sterling and the Euro closed at N605 and N505 respectively. At the…

Global markets buckled as Britain’s vote to leave the European Union drove the pound to the lowest in more than 30 years and European banks to their steepest losses on record. Market expectations that Britain is on the verge of…

The naira plunged against the US dollar on Monday after Nigeria’s government scrapped its fixed exchange rate and allowed market forces to determine the currency’s value “Trading started at 9:00 am this morning. All the 24 commercial…

The Naira has hit an all time record low of 338 against the greenback on Friday, a day after the Bankers Committee announced its decision to stop providing foreign exchange for school fees and medical bills payment, Punch Reports The…

Interesting article on how Nigeria's Naira has struggled against the dollar since the 80s. Read below: Since 1986, the Nigerian naira’s relationship with the US dollar (and other foreign currencies) has been erratic, (un)predictable,…