Q1: Naira soars as foreign reserves increase by $1.04 billion
The naira has regained one-fifth of its value in the last five weeks, with strong foreign exchange inflows boosting…
Browsing Tag
Naira
BDCs break silence on N1000/$ exchange rate at P2P
Contrary to rumors on X (previously Twitter), Bureau De Change operators denied that the dollar is now selling for…
Naira stabilizes at N1400/$ on the parallel market as speculators sell
Parallel market players are suggesting a buy price of N1400/$1 for dollar holders wishing to sell, indicating a…
Naira slums to N2,000 against pound at parallel market
Nigeria's indigenous currency is currently worth more than 2,000 naira against the British pound on the parallel…
Naira gains at official window, slides to N1,615 at aboki market
The Naira's value continued to plummet on Thursday, falling to N1,610 to a US dollar (USD) in the parallel market…
Naira sinks further, exchanges at N1,534 against US dollar at foreign market
On Monday, the Naira fell to a record low of N1,534.39 per US dollar in the foreign exchange market.
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Naira now currency for foreign transfers: Eco Bank memo
Naira will now be the currency used for international transfers handled by international money transfer operators…
Naira falls at parallel market, strengthens at official window
Oluwakemi Abimbola & Damilola Aina
The naira rose at the official window on Monday after Central Bank of…
Naira crashes to all-time low on official market, exchanges 1348/$
On Monday, the naira hit an all-time low of N1348.63 per dollar on the Nigerian Autonomous Foreign Exchange Market.…
Naira makes great gain against USD at forex market
At the official foreign exchange market, the Naira saw a notable increase at the start of the working week on…