August watch

Historical Exchange Rates of Dollar to Naira from 1972 to date

The currency in Nigeria is called the naira, which is divided into 100 kobo. It was introduced in 1973 when the country switched to a decimalized monetary system. The naira replaced the Nigerian pound, which was previously used when Nigeria was a British colony

Naira gains about 15% as dealers dump dollar, count losses

Naira inched close to a 15 per cent gain against dollar in the parallel market within a week, trading around N820/$ in Lagos and Abuja yesterday evening. •Local currency trades at N820/$ in Lagos, Abuja Naira inched close to a 15 per cent gain against dollar

CBN Releases New Update as Naira Nears N700/$

Exchange Rate Snapshot Current data indicates that the spread between the black market and the official window has widened to N120.48 as of the close of business on August 18, 2023.

What Nigerians Should Expect If $1 Reaches ₦1,000

Two months have passed since the CBN announced its decision to float the naira in a bid to unify the country's exchange rates. Some Nigerians expected doom, others expected a turnaround. As the value of the naira has continued to plummet for the many Nigerians

Naira crash: CBN to sanction banks engaged in illegal forex sale

The Central Bank of Nigeria (CBN) has said that it will deal with commercial banks engaged in illegal sale of foreign exchange. This is coming on the heels of the crash of the naira to over N950/$ at the parallel market even as forex scarcity worsens. There

Video: Phyno - Do I

Produced by Jaysynths and released in August 2023, the official video was directed by Director Pink. Watch.

Video: D'banj - Knocking On My Door

The music video is the first of 7 to expect from D'Banj between now and August 20th when he will be releasing his new EP. Download, watch and enjoy.

Video: T.I Blaze - Lock Up

The song "Lock Up" serves as follow-up to his recent song titled, "My Life" released back in August. Shot by Perliks Definition for Nouvelle Films. Watch video below.
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