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Naira falls to N1200/$ in parallel market, gains 11% in NAFEM Naira falls 18% to N951.22/$ in NAFEM The naira depreciated yesterday to N1,1200 per dollar...
There is no respite yet for the nation’s currency as the naira recorded the biggest fall in recent times exchanging for N1,105 at the Nigerian… There...
The naira on Wednesday weakened to N1,135 per dollar at the parallel section of the foreign exchange (FX) market. The figure represents N15 or 1.35 percent...
The naira crashed against the dollar on Monday, falling to 1, 030/$ on the average in the parallel market, losing the momentum it gathered last week....
The value of the naira continued its downward spiral at the opening of business activities on Monday crashing at the parallel market to N1,210 to the...
The International Monetary Fund has said the naira is currently under pressure and Nigeria is free to seek loan from the Fund to stabilise the currency...
The naira fell further on Tuesday as it exchanged for the dollar at the parallel market between 1,005/$ and 1,025/$. Owners of small-scale enterprises, Nigeria Employers’...
The naira on Tuesday appreciated against the dollar as it exchanged at N745.19 at the Investors and Exporters window. The local currency gained by 1.38 per...
Businessman and presidential candidate of the Labour Party in the 2023 general elections, Peter Obi, has lamented the ‘dollarisation’ of the Nigerian economy. According to Peter...
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened five pips to 7.1851 against the dollar on Tuesday, according to the China...
The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 27 pips to 7.1856 against the dollar on Monday, according to the China...
The naira depreciated against the dollar on Wednesday as it exchanged at N773.42 at the Investors and Exporters window. It lost by 0.35 per cent compared...
The Organisation of the Petroleum Exporting Countries (OPEC) has said the U.S. dollar index decreased by 1.6 per cent month-on-month (m-o-m) in July, erasing gains from...
The Naira on Friday ended the week losing against the dollar, exchanging at N775.76, at the Investors and Exporters window. The local currency lost 0.93 per...
The Naira appreciated by 0.67 percent on the investors and exporters (I&E) window on Tuesday, June 27, as it traded at N763 to a Dollar. The...
There are indications that banks are ignoring the Central Bank of Nigeria, CBN, directive that they should grant their customers unfettered withdrawal of foreign currencies from...
The federal government has disclosed that it may inject some foreign exchange into the economy to shore up the value of the naira while market forces...
The Central Bank of Nigeria (CBN) has devalued the Naira to N631 to the dollar from N461.6 it sold at the Importers and Exporters (I&E) window...