FOREX
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Business
Naira rebounds, closes at N795.2/$ at I&E window
The Naira on Monday, July 17, stepped up slightly to close at N795.28 per dollar at the investors and exporters…
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Business
Naira falls, exchanges at N803.90 to one dollar at official window
The Naira dipped on Friday against the dollar, exchanging at N803.90 at the investors and exporters window. According to Financial…
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Business
Nigerians can now collect diaspora remittances in Naira – CBN
The Central Bank of Nigeria has announced the inclusion of the naira as a payout option for diaspora remittances. CBN…
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Business
Forex rates unification: Tough times for Nigerian students abroad as tuition rises
Nigerian students studying outside the country are in for tougher times as the recent floating of the naira has shot…
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Business
Naira rises to N744/$ at official market
The Naira appreciated to N744/$ at the Investors and Exporters (I&E) window on Monday, July 10. This represents a N24/$…
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News
‘I could’ve benefitted from multiple forex rates, but God forbid!’, Tinubu defends forex rate unification
President Bola Ahmed Tinubu has said that he could have benefitted from the multiple foreign exchange systems, but instead opted…
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Business
Naira trades at N763/$ at I&E window
Nigeria’s challenged currency, the Naira appreciated by 0.67 percent on the investors and exporters (I&E) window on Tuesday, June 27,…
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Business
FAAC allegedly adopts N436.38/$1 exchange rate for June
Yet unconfirmed reports indicate that the federation account allocation committee (FAAC) has adopted the N436.38/$1 exchange rate for the month…
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Business
Naira and dollar exchange rate reportedly sells for an intra-day high of N815/$1
The exchange rate between the naira and dollar rose to N815/$1 at the official Investor & Exporter Window on Wednesday,…
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Business
Official and parallel market rates converge as Naira closes at N756 to a dollar on Tuesday
The official and parallel market rates have converged days after the Central Bank of Nigeria released a new foreign exchange…
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Business
Naira depreciates by 0.46%
The Naira on Tuesday exchanged at N441.17 to the dollar at the Investors and Exporters window, a depreciation of 0.46per…
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Business
Dollar hits N600 at parallel market
The dollar was exchanged at N600 at the parallel market on Monday, May 16, 2022. In Uyo, currency dealers exchanged…
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Business
CBN to stop sale of forex to banks by end of the year
The Central Bank of Nigeria has announced that it would stop selling foreign currency (forex) – US dollar, euro, pound…
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Business
Naira continues to fall, now exchanging at N550 to $1
The Nigerian Naira continued its free fall against the US dollar on Monday September 13, closing at N550/$1 compared to…
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Business
Naira exchanges for N545/$ at parallel market
The Nigerian Naira has hit an all-time low in 48 years after trading for 545/$ in parallel markets on Thursday…
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