Naira weakened against the United States dollar on Monday on the over-the-counter spot market segment of the currency market, called the Investors and Exporters (I&E) forex...
Naira depreciated further against the United States dollar on Wednesday on the black market, exchanging at N478 as the momentum of increasing demand from traders and...
The Central Bank of Nigeria (CBN) on Tuesday responded to a suit filed by a Lagos-based lawyer, Chief Malcolm Omirhobo, at the Federal High Court, Lagos,...
Naira weakened against the United States dollar on Wednesday at the parallel market, closing at N464, 0.23% lower than the N463 it exchanged for at the...
Naira depreciated against the United States dollar at various segments of the foreign exchange market on Monday. The local currency closed at N460 to a dollar...
Naira recorded a modest gain against the United States dollar at the parallel market on Monday, closing at N458, 1.5% stronger than its close at the...
Naira strengthened against the U.S. dollar on Wednesday at the parallel market, inching up by 1.08%, supported by improving liquidity in the retail segment of the...
Naira fell against the United States’ dollar on the parallel market on Wednesday, closing at N445, according to data from abokiFX, which collates rates from informal...
Naira declined to N445 to the United States dollar on the black market on Monday, the same day Bureaux De Change (BDCs) resumed operations following sales...
The restart of foreign exchange sales by the Central Bank of Nigeria (CBN) to Bureaux De Change (BDCs) on Monday is anticipated to strengthen the naira...
The naira continued its rally against the United States dollar on Wednesday, exchanging at N420 per dollar as the central bank’s interventions in the currency market...
Naira appreciated substantially on the parallel market on Tuesday, rising by 9.65% to N435 against the United States dollar, traders said, citing the Central Bank of...
Naira appreciated against the United States Dollar on the parallel market on Monday, having stagnated at N477 against the greenback for some days. The local currency...
The naira depreciated by 1.3% against the United States dollar on the official market on Friday, one day after the Central Bank of Nigeria (CBN) announced...
Naira appreciated against the United States dollar on the black market on Wednesday, exchanging for N477/$1. The exchange rate at the previous session had stood at...
Naira fell by 1.04% on Tuesday to a new low of N480 against the United States dollar on the black market following government’s declaration of its...
Naira appreciated against the United States dollar at the over-the-counter spot market, popularly called the Investors and Exporters (I&E) window on Monday, closing at N385.78. It...
The naira closed stronger against the United States dollar at the over-the-counter spot market also called the Investors and Exporters (I&E) window on Monday, exchanging at...
Nigeria’s aspiration of harmonising its various exchange rates has been brightened by the recent modification of the Central Bank of Nigeria (CBN)’s spot exchange rate, data...
Naira weakened against the United States dollar across foreign exchange market segments on Tuesday as Nigeria confronts an enduring liquidity crunch that had seen its foreign...
Naira appreciated against the United States dollar on Monday on the over-the-counter spot market used by investors and exporters as well as at the black market...
A body, the South-South Study Group (3SG), has said that revelations of corruption at the Niger Delta Development Commission (NDDC) does not represent the culture of...
Naira inched higher against the United States dollar on Thursday at the over-the-counter spot market widely used by investors, closing at N388, 0.07% or 17 kobo...
The rate of exchange of naira to the United States dollar remained immobile for three days in a row Wednesday at the black market, data from abokiFX.com showed,...
Naira hovered at the rate of 472 to the United States dollar on the parallel market on Tuesday, the same rate it sold for the session...
It is probable that the naira will stay under sustained pressure from the United States dollar on the parallel market in the week ahead as demand...
The exchange rate of naira closed at N470 to the United States’ dollar at the unofficial parallel market on Wednesday, signalling a 1.1% markdown from that...
The rates of exchange of the naira to the United States dollar remained unchanged across various segments of the foreign exchange markets on Tuesday in spite...
Nigeria’s total circulated currency contracted by 2.6 per cent or N60billion to N2.29 trillion in June from N2.35 trillion the month before, the latest data from...
Naira fell 5.5% on Tuesday against the United States’ dollar on the official market, four days after the Central Bank of Nigeria weakened it by selling...
The Presidential Economic Advisory Council (PEAC) has urged the Nigerian government against the continued implementation of multiple exchange rates by adopting a unified currency rate regime...
Naira strengthened marginally against the U.S. dollar at the Investors and Exporters (I&E) window of the foreign exchange (forex) market on Monday, closing at N386 to...
Naira fell 6.2% lower against the United States dollar on Wednesday at the official market as traders quoted the local currency close to the over-the-counter spot...
Naira weakened against the U.S. dollar at the Investors and Exporters (I&E) window of the foreign exchange (forex) market on Monday, falling to N386.50 a dollar....
Nigeria’s currency, the Naira advanced against the U.S. dollar at the Investors and Exporters (I&E) window of the foreign exchange (forex) market on Wednesday, rising to...
Naira made a rally against the U.S. dollar at the parallel market segment of the foreign exchange (forex) market on Tuesday. Market data obtained from exchange...
Naira weakened against the U.S. dollar on Monday at the Investors and Exporters (I&E) window of the foreign exchange (forex) market, crumbling to N387.33 at the...
Nigeria’s currency, the Naira advanced 2.2% against the American dollar on Monday at the black market segment of the currency market, exchanging at N440 for the...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market, mainstream business activities...
Naira traded at N460 to the U.S. dollar on the parallel market Thursday, having stayed at the same rate of exchange for two days without budging,...
Traders in the black market segment of the Nigerian foreign exchange (forex) market are battling the most severe crunch so far this year as the recovery...
The Naira may continue losing value at the parallel market segment of the currency market as demand for dollar intensifies from accumulation of past foreign exchange...
The Naira strengthened against the U.S. dollar at the Investors and Exporters window on Monday, appreciating by 31 kobo over the rate at which it traded...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market, mainstream business activities...
Super Eagles of Nigeria Head coach, Gernot Rohr, has finally shifted grounds, accepting to be paid his fees in Naira and also reside in the country....
The Nigerian Naira Tuesday plummeted to its weakest point since February 2017 at the parallel market amidst exacerbating dollar crunch induced by the central bank’s tightening...
The Naira exchanged for N412 per dollar on Monday at the Bureau De Change (BDC), shedding N10 in one day after selling for N402 last Friday. The...
Erstwhile governor of Lagos State and All Progressives Congress (APC) leader, Bola Ahmed Tinubu, has debunked the reports making the rounds that he called on the...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market, mainstream business activities...
The Naira slumped in value against the dollar on Thursday, exchanging for between N405 and N420 at Bureaux De Change (BDC) in the country. The persistent...
