Nigerian currency fell to its lowest level against the US dollar in 2022 on Monday as the forex crisis continued. Data from FMDQ securities, where forex...
The Naira witnessed a fall against the United States Dollar at the Investors and Exporters (I&E) segment of the foreign exchange (FX) market on Thursday. Data...
The naira strengthened against the US dollar on the official currency market after gaining 0.36 percent at the conclusion of business on Wednesday. The naira opened...
The Director, Trade and Exchange department of the Central Bank of Nigeria (CBN) Ozoemena Nnaji, said the ‘Naira 4 Dollar Scheme’ created by the financial regulator...
For the second day running, the Nigerian currency, the Naira, depreciated against the US dollars at the Investors and Exporters window. Data from FMDQ securities where...
The Nigerian currency, the Naira, has come under tremendous pressure amid demand from foreign airlines for Nigerians to buy flight tickets in dollars. Ripples Nigeria had...
More Foreign airlines are demanding Nigerians pay for flight tickets in dollars amid trapped revenue put at over $600 million. The likes of British Airways and...
On Thursday, the Naira exchanged at N429.38 to the dollar at the CBN’s Investors and Exporters window. This is the same value Naira exchanged for on...
The Nigerian government is expecting the official exchange rate for Naira to the dollar to be devalued by 6.19% in 2023. FG in its budget circular...
Nigerian currency kicked off the new week on a low as it depreciated against the dollar at the Investors and Exporters window, the official foreign exchange...
Nigeria’s external reserves fell to $38.882 billion, as the Central Bank of Nigeria (CBN) pumps foreign exchange into the forex market to defend the naira, as...
The Central Bank of Nigeria (CBN) has revealed that Nigeria in six months of 2022 attracted $1.47 billion capital inflows. According to CBN the Nigerian banking...
The Nigerian currency, Naira, depreciated heavily against the United States dollars at the official market on Thursday. After trading activities on Thursday, Data from FMDQ Securities...
The Nigerian currency, Naira, recorded a slight gain over the United States dollar at the official exchange market on Tuesday. Data from FMDQ Securities where investors...
The Central Bank of Nigeria (CBN) Deputy Director, Banking Services, Egboagwu Ezulu, has blamed the private sector for the scarcity of foreign currencies, after the dollar...
Naira continued its good performance against the U.S. dollar at the parallel market on Wednesday after crashing to an all-time low of N710.00 last week. Currency...
On Tuesday, the Nigerian currency depreciated by N1.79 or 0.42 per cent against the United States Dollar to settle at N430.67/$1 compared with the previous day’s...
The Nigerian currency has fallen significantly both at the official and unofficial markets. According to data released by the Nigerian Autonomous Foreign Exchange Fixing (NAFEX), where...
Naira, Nigeria’s currency may reach N700 per dollar by the end of the week as demand for US currency by Nigerians is rising uncontrollably. After trading...
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...
The National Bureau of Statistics (NBS) has reported that capital importation declined in Q1 2022, mirroring other corresponding first quarters between 2019 and this year, with...
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...
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...
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...
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 on Tuesday recorded an increase in value against foreign currencies at two official windows on resumption of trading after the democracy day holiday. Data...
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...
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...
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...
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...
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...
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...
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...
The value of the Nigerian Naira weakened further on Wednesday, making two straight days of losses and a complete reversal of gains recorded early in the...
Nigeria’s currency, reversed its last two trading gains against the dollar, closing at N418.50/$1 on Tuesday at the official market. Naira had on Friday last week...
Naira clinched another gain against the U.S. dollar at the official market on Monday, extending its appreciation at the official market segment to a second trading...
The Nigerian currency appreciated against the United States currency after the Central Bank of Nigeria (CBN) boldly rejected the call by International Monetary Fund (IMF) and...
