The Central Bank of Nigeria (CBN) has issued a stern warning to Nigerians converting Naira to the US dollar. According to CBN, it would place a...
Nigerian Naira on Tuesday recorded a 1.16% rise in value against the US Dollar in the Investors and Exporters (I&E) segment of the market. According to...
Nigerian currency has dropped to a record low at the black market as forex scarcity gives room for traders to profit. According to information from some...
The Nigerian currency, Naira, depreciated heavily at the Investors and Exporters (I&E) window of the foreign exchange market as its value slid by 1.34 percent or...
The Naira has again appreciated against the dollar at the official market to make it two straight days of gain. Data from FMDQ securities showed that...
Nigerian currency on Wednesday increased in value to the US Dollar at the Investors and Exporters (I&E) window of the foreign exchange market by 0.74 per...
Nigerian currency resumed from the Easter holiday at the official market, trading on a positive note after exchanging at N427.75 to the US dollar on Friday,...
The Naira appreciated against the United States Dollar by 0.52 per cent N2.25 in the Investors and Exporters (I&E) segment of the foreign exchange market on...
Nigerian currency has dropped to its biggest low against the US dollar in the last seven months at the official market, and it could get worse...
Nigerian currency kicked off the month of July with a marginal gain, but pressure from forex scarcity and the Joe Biden administration interest hike provided a...
The Naira has fallen heavily to the US dollar as investors, and exporters continue to battle with forex shortages. Data from FMDQ securities showed Naira closed...
For a Nigerian trying to buy a dollar at the peer-to-peer exchange platform, you need at least N620 or more depending on the amount you need...
Nigerian currency on Monday closed at the Peer-to-Peer (P2P) window of the foreign exchange (FX) market at N624/$1 This represents a N1 or 0.16 per cent...
Nigerian currency, Naira on Monday morning plunged to a new all-time low of N620 against the dollar at the unofficial market amid the scarcity of the...
Nigerian Naira strengthened against the US Dollar at the Investors and Exporters (I&E) segment of the market yesterday by 33 kobo or 0.05 per cent. According...
Naira continued to suffer a serious beating in the unregulated foreign exchange markets, no thanks to supply disruption and bottlenecks getting from banks. Data from the...
Nigerian currency increased in value to the US dollar across all foreign exchange market on Tuesday. Data from FMDQ securities showed Naira at the Investors and...
Nigerian currency, Naira exchange rate to the dollar closed at N421.33/$1 at the official Investors and Exporters window on Monday, the same rate as it did...
It is a new week, and currency traders will be hoping for better performance for Naira against foreign currencies, especially the dollar. On Friday, June 17,...
Nigerian currency, the Naira continued its recovery from pressure placed on it due to primaries of political parties in the country, as it recorded another gain...
Nigerian currency on Tuesday recorded an increase in value against foreign currencies at two official windows on resumption of trading after the democracy day holiday. Data...
Currency in circulation has hit an all-time high of N3.31 trillion, thanks to heavy spendings ahead of political parties’ primary elections This is according to the...
The value of the Nigerian currency, Naira dropped to a new low at both the official and unofficial markets as reports say bankers have now hit...
After two days of losses, Nigeria’s currency on Wednesday reversed the losses as it appreciated across foreign exchange markets. Data from the FMDQ indicated that Naira...
Nigerian currency, Naira recorded a poor performance against all foreign currencies on Monday ahead of the commencement of the presidential primary of the ruling All Progressives...
The Naira is opening the week at N419.75 against the US Dollar at the Investors and Exporters (I&E) segment of the foreign market (forex). This is...
The value of Nigerian currency on Thursday depreciated against the US dollars across all foreign exchange markets, as the All Peoples Congress [APC] prepares for its...
The Naira on Wednesday exchanged at 419 to the dollar at the Investors and Exporters window, compared to 419. 50 on Tuesday, representing 0.12 per cent...
The Nigerian currency made a slight recovery on Tuesday at the Investors and Exporters window where Naira is officially traded. According to data from the FMDQ...
The Lagos Zonal Command of the Economic and Financial Crimes Commission (EFCC) on Tuesday, May 31, 2022, secured the conviction and sentencing of one Li Lei...
What could save the Naira now would be top on the list for the Central Bank of Nigeria (CBN) as it fell again to a new...
Nigerian currency continued its depreciation across all forex markets no thanks to a low dollar supply at the official market. According to data obtained from FMDQ...
After appreciating for two days, the Naira on Thursday fell in value against the US dollar by 0. 21 per cent at the Investors and Exporters...
For the first time in three days, the Nigerian currency appreciated to the United States Dollar at the Investors and Exporters (I&E) segment of the foreign...
The poor run of Nigeria’s currency, Naira, continued on Monday as it again lost 0.31 per cent or N1.31 against the United States Dollar at the...
The Nigerian currency made a recovery against the US dollars at the last trading session after recent struggles. Data from FMDQ securities where Naira is officially...
The Naira continued its depreciation against the US dollar at both the official and unofficial markets. Data from the FMDQ securities showed that at the Investors...
The Nigerian currency on Wednesday weakened against the dollar at the official market amid increased demand for dollars by Nigerians. FMDQ securities data showed that Naira’s...
Naira clinched a meager gain against the U.S. dollar at the official market on Tuesday, after starting the week on a woeful note. Data from FMDQ...
Nigerian currency continues its poor performance, this time at the official market as it dropped to a new low of N421.50 to a dollar at the...
Inflation in April 2022 increased to an 8-month high of 16.82 per cent amid rising food prices and weak Naira which has made the cost of...
The poor performance of the Nigerian currency continued at the Black market segment of the foreign exchange (forex) market. On Monday morning, visits to where black...
The Association of Bureaux De Change Operators of Nigeria (ABCON) on Thursday revealed a new campaign plan needed to save the naira from further depreciation and...
As a Nigerian looking to leave the country and unable to access dollars from the official channel you will need N614 to buy one dollar at...
Naira continued its depreciation against the US dollar on Monday as Nigerians were forced to pay for a dollar at N610 in Lagos. This was a...
Black market currency traders continue to profit from forex scarcity in the country as the gap between official and unofficial market exchange rates widen further. On...
Naira has finally hit the N600 to a dollar mark as forex scarcity pushes more businesses to patronize the unregulated market. Traders in some parts of...
The Naira closed stronger on the last trading day of this week by appreciating N2 or 0.48 per cent against the United States Dollar on Friday,...
Nigeria’s currency on Thursday reversed the gains made on resumption from public holiday as the naira/dollar exchange rate closed at N419. This represents a 0.23 percent...
The Nigerian currency, the Naira returned stronger from the holidays as it appreciated against the US dollar on Wednesday at the official market. Data from FMDQ...
