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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...
Naira scarcity is biting harder across the country as banks have limited cash withdrawals, findings by Daily Trust have shown. Residents of Lagos, Abuja, Kano, Katsina,...
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 Association of Bureau de Change Operators of Nigeria has warned those speculating against the naira to be wary. The President of ABCON, Aminu Gwadabe, gave...
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 Nigerian naira is among the worst-performing currencies in Africa, the World Bank has said. It noted that the currency weakened by nearly 40 per cent...
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...
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 Registrar, Chartered Institute of Treasury Management (CITM), Mr Olumide Adedoyin, has cautioned the Federal Government on the alleged plan to re-denominate the naira, saying it...
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...
Telecommunication firms have said they are working with their regulator, the Nigerian Communication Commission, to review the prices of their services to reflect prevailing market realities,...
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...