Yesterday the Naira depreciated to N1,410 per dollar in the parallel market, from N1,395 per dollar last weekend. However, the Naira appreciated in the...
For the umpteenth time, Nigerian currency Naira on Tuesday depreciated at the official market, trading at N1,300.15 to the dollar. Data from the official...
Nigeria’s naira has on several occasions in recent weeks tumbled across both the official and unofficial markets amidst an increased forex demand and a...
According to data released by the FMDQ Exchange on Tuesday, the value of foreign exchange transactions on the official Nigeria Autonomous Foreign Exchange Market...
The Central Bank of Nigeria (CBN) has assured Nigerians that the seemingly tough reforms created would strengthen the naira and stablise the economy. Dr...
The Senate’s Committee on Banking, Insurance, and other Financial Institutions has summoned the Governor of the Central Bank of Nigeria, Olayemi Cardoso, to appear...
Despite recent interventions by the Central Bank of Nigeria (CBN) to strengthen the foreign exchange market, the persistent decline of the Naira raises concerns...
Nigeria’s official market witnessed a significant downturn on Tuesday as the country’s currency, the naira, plummeted to a record low against the dollar. Thin...