For the second day running, the Nigerian currency, the Naira, depreciated against the US dollars at the Investors and Exporters window, the official exchange market. Data...
Nigerian currency opened the new week with a gain in both the black and official markets after recent struggles. Data from FMDQ securities where Naira is...
Naira is currently exchanging at an all-time high amount against the US dollar as forex scarcity continues to bring more pain to travellers and importers. Black...
The naira maintained stability against the U.S dollar at both the official and black markets on Thursday. Data posted on the FMDQ Security Exchange, where forex...
The naira weakened against the United States dollar on Wednesday, reversing part of the gain it had recorded the previous day. FMDQ securities reports that the...
CLAIM: A Twitter user, in an attempt to disparage Nigeria, claimed that the Angolan currency, ‘Kwanza’ is stronger than the dollar. VERDICT: False FULL TEXT The...
The Nigerian currency on Tuesday appreciated marginally against the dollar at the Investors and Exporters window. FMDQ securities reports that Naira at the close of business...
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...
On Thursday, Nigeria’s currency recorded a small positive trade against the US dollar. According to data published on the FMDQ website, where forex is officially traded,...
The Nigerian naira, on Wednesday, weakened to N707 a dollar at the parallel section of the foreign exchange market. The figure represents N42 or 7.45 per...
The Naira had a breather on Tuesday, September 25 as it appreciated against the United States Dollar at the opening session of the week at the...
The Nigerian currency, Naira, kicked off the new week just as it ended it with another loss, to make it four straight days of depreciation. According...
The Nigerian currency, Naira, has dropped to a further low against the US dollar at the black and peer-to-peer (P2P) window of the foreign exchange market....
The naira maintained stability against the U.S dollar at the official market, but dropped in value at the black market on Thursday. Data posted on the...
Nigeria’s currency, the Naira, has continued to fall in value against the US dollar, and it is now officially at its lowest level at the official...
Nigeria’s currency, Naira, continued its depreciation against the US dollar, and it is now officially at its lowest level on the official market. Data from FMDQ...
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...
For the third day in a row, Nigerian currency on the black market exchanged above N700 to a dollar. Traders on Tuesday told Ripples Nigeria that...
Nigerian currency suffered another heavy loss on Monday at the unofficial market, but was stable at the official market. Data obtained from FMDQ OTC Securities Exchange,...
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...
The Naira has dropped in value against the US dollar for three days in a row, giving the Central Bank of Nigeria (CBN) even more problems...
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...
The increase in electronic banking transactions has made the Central Bank of Nigeria (CBN) reduce the minting of the Naira. The CBN Deputy Governor, Economic Policy...
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...
The Nigerian currency, Naira, continued its poor performance against the United States dollar as forex scarcity piled more pressure on the official foreign exchange market Tuesday....
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 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...
On Wednesday, the Nigerian currency, the Naira, recorded a slight gain against the dollar at the official and parallel section of the foreign exchange (forex) markets....
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 Naira recorded a mixed performance against the US dollar at both the official and unofficial exchange rates. Data obtained from FMDQ securities showed that the...
Some Nigerians who decided to buy dollars with the hope of making big gains have been left to count their losses in the last three days....
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 foreign exchange market is kicking off the month of August on a positive note after the Central Bank assured of its commitment to resolving FX...
The bad performance of the Nigerian currency, Naira continued at the peer-to-peer (P2P) segment of the foreign exchange (forex) market. On Friday at the P2P market,...
The Nigerian currency, Naira, has depreciated to its lowest level at the black market as students, exporters desperately look for dollars to offset their foreign bills....
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 is finding it extremely difficult to stop the poor performance of the Nigerian currency. On Monday morning, the Naira was exchanging...
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...
