Thursday, 2nd February 2023
<To guardian.ng
Search

Naira strengthens further

The interventions by the Central Bank of Nigeria has significantly improved the convergence between the official and parallel market rates, as the naira continues to firm at the parallel market.

Related

11 Nov
Nigeria Employers’ Consultative Association, NECA, has raised the alarm over the recent flood ravaging many parts of the country, saying it had worsened the socio-economic woes of Nigerians.⁣ ⁣
16 Nov
Hundreds of thousands of homes have been destroyed and communities left stranded in Nigeria's worst flooding in years. DW's Flourish Chukwurah traveled to Tombia, a town in Bayelsa State, whose residents have largely been displaced by the floodwaters.
22 Nov
A Nigerian court has convicted two young men for a comedy skit on the social media platform TikTok. The skit was to taunt the governor of the Kano State and even though it was meant to be satirical, the court deemed it defamatory. The two comedians spent a few days in prison and received 20 lashes as part of their punishment.
17 Nov
Aid is slowly coming to southern Nigeria after the biggest floods since 2012 killed more than 600 people and affected nearly 3 million others, according to official figures. Many have fled their homes, including to overcrowded displacement camps. This year's rainy season is one of the deadliest in the West African country's history.
26 Nov
An NGO is trying to bring access to reliable electricity by implementing small solar systems to make villages independent from the national grid. Importantly, they also show locals how to maintain the systems.
21 Nov
An NGO is trying to bring access to reliable electricity by implementing small solar systems to make villages independent from the national grid. Importantly, they also show locals how to maintain the systems.
23 Nov
The CBN governor, Godwin Emefiele, said the decision was prompted by concerns with the management of the current series of banknotes, the increasing risk of naira counterfeiting as well as the persistent large-scale hoarding of the naira which has resulted in a worrisome situation where over 80 percent of the currency in circulation is outside the banking system.
2 Dec
Fears of violence are surging ahead of Nigeria's 2023 general elections. Widespread insecurity as well as economic and environmental challenges represent a threat to the upcoming polls.
11 Dec
Boxing is rapidly gaining traction among young Nigerians — and female boxers have not been left behind. Sekinat Quadri, has her heart set on boxing professionally. She is only 11 years old but has bagged several bouts in different categories.
24 Nov
Nigeria launched oil and gas drilling for the first time in the country's north on Tuesday, as it seeks to diversify away from the oil-rich Niger Delta.
25 Nov
Find these stories and much more when you grab a copy of The Guardian on Saturday.⁣
29 Nov
London's Horniman Museum signed over ownership of 72 artefacts, looted by British soldiers in 1897, to the Nigerian government on Monday.