Victorious Nigeria Female Team Shun Payment Of Tinubu’s $100k Gift In Naira

  LAGOS AUGUST 22ND (NEWSRNAGERS)-The Super Falcons have rejected attempts by the Nigeria Football Federation (NFF) to pay President Bola Tinubu’s $100,000 gift to the team in Naira, insisting instead on receiving the funds in dollars. Sports analyst Aron Akerejola, speaking on Arise TV, revealed that the controversy over the delayed bonuses was not due…

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Lagos Socialite, E-money Breaks Silent After Hours Of Grilling By EFCC Over Naira Abuse

LAGOS APRIL 30TH (NEWSRANGERS)-After hours of questioning by operatives of the Economic and Financial Crimes Commission, a popular Lagos socialite, Emeka Okonkwo (a.k.a. E-Money) purportedly regained his release on Tuesday evening. E-money had been picked on Monday night at his residence in the Omole area of Lagos and taken to the commission’s office in Abuja…

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Naira Massively Appreciates In Against Dollar Amid Nationwide Protest

LAGOS AUGUST 2ND (NEWSRANGERS)-The Naira continued to appreciate against the dollar at the foreign exchange market despite the ongoing nationwide protest against bad governance. This came as the Naira appreciated significantly in both official and parallel foreign exchange markets. FMDQ data showed that Naira significantly appreciated to N1570.00 against the dollar on Thursday from N1608.73…

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CBN Dollar Sales Fail To Stop Naira Weakness As  Its Slips To Weakest Level Since March

LAGOS JULY 15TH (NEWSRNAGERS)-Nigeria’s naira extended its losing streak to a fourth day, slipping to the weakest level since March despite central bank intervention amid seasonal demand for dollars and continuing investor skepticism. The naira stood at 1,563.8 per dollar at its official close on Friday, according to FMDQ. That’s the weakest since March 18,…

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