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Dollar now underground currency of Nigeria’s economy — Peter Obi

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The presidential candidate of the Labour Party, LP, in the 2023 general elections, Peter Obi, has lamented the ‘dollarisation’ of the Nigerian economy. Speaking during...

Chinese yuan weakens to ¥6.8679 against dollar

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The central parity rate of the Chinese currency renminbi, or the yuan, weakened 73 pips to ¥6.8679 against the dollar on Monday. The China Foreign...

History made as Naira crashes to 800 per dollar

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The Naira is currently trading at 800 against the dollar according to some exchange platforms. Checks made by Peoples Gazette on Saturday revealed that the...

Buhari never promised to make one naira equivalent to one dollar...

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The Presidency has said President Muhammadu Buhari never promised to make one naira equivalent to one dollar. Femi Adesina, a presidential spokesman, described the claim...

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