Naira
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News
World Bank ranks Naira among worst performing currencies in Africa
The World Bank has included the Nigerian Naira among the worst-performing currencies in Sub-Saharan Africa. In a report titled “Africa’s…
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Business
Naira crumbles to 920/$, fuel marketers push for fresh price hike
The Naira has further depreciated against the dollar, prompting oil marketers to begin a fresh clamour for a hike in…
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Business
Naira trades at N773.4 to a US dollar in I&E window
The Naira traded at N773.4/$ at the investors and exporters (I&E) window on Wednesday, August 23, 2023. Data from FMDQ…
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Business
Two years after ban, CBN unveils fresh guidelines for FOREX sale by BDCs
The CBN has released fresh operational mechanisms for the sale of forex by Bureau De Change (BDCs) operators within the…
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Business
Naira bounces back, trades for 850/dollar at parallel market
The naira rebounded against the United States dollar at the parallel market on Wednesday, closing at 850/dollar. The development followed…
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Business
CBN plans new measures to stabilise naira
The Central Bank of Nigeria (CBN) has said that new measures will be taken to stabilise the naira against the…
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Metro
Naira appreciates to N740/$ at I&E window
The Naira on Wednesday, July 26, bounced back to N740.08 per dollar at the investors and exporters (I&E) window. This…
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Business
Naira crashes to N876 against dollar
The naira traded for N876 to a dollar at the parallel market on Sunday. This is consistent with a downward…
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Business
Naira falls to N860/$ at parallel market following demand for dollar
The famous wide disparity between the official and black market rates for foreign exchange is creeping in gradually once again…
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Business
Naira closes at N742.9 to one dollar at I&E window
The Naira rose slightly on Tuesday, July 18, closing at N742.93/$ at the investors and exporters (I&E) window. That represented…
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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
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/$…
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Business
Naira dips at official market
The Naira fell at the official market on Tuesday, July 4, closing at N768/$ at the Investors and Exporters (I&E)…
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Business
Naira value appreciates, exchanges N741 to $1
The Nigerian currency firmed up against the dollar, exchanging at N741.50 at the investors and exporters window as at the…
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Business
Naira closes at N664/$ at I&E window
The Naira is on its way to recovery shortly after the Central Bank of Nigeria granted banks and other financial…
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