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The Nigerian currency, the Naira, is expected to decline to a fair value of ₦1,804 per dollar in the official market by 2025. This forecast is...
A former member of the All Progressives Congress Presidential Campaign Council (APC PCC), Ayobami Oyalowo, has suggested the reason for Nigeria’s inflation rate status. Oyalowo, who...
Nigeria’s currency, the Naira, saw a slight increase in the parallel market, going up to ₦1,485 to N1,490 per dollar, compared to ₦1,490 on Wednesday. However,...
Nigeria’s currency, the Naira, experienced a slight appreciation in the parallel market, reaching ₦1,475 per dollar compared to ₦1,480 per United States dollar it traded the...
Data obtained from the official trading platform of the FMDQ Exchange on Tuesday indicated that Nigerian currency, the Naira experienced a decrease of 83 kobo, translating...
According to recent data from financial markets, the Nigerian Naira appreciated significantly yesterday in both the parallel market and the Nigerian Autonomous Foreign Exchange Market (NAFEM)....
The Nigerian currency, the Naira, fought back against the United States (US) Dollar on Thursday after it exchanged at ₦1,480 per dollar in the parallel market....
The Nigerian currency, the Naira, ended the month of April on a positive note, as it gained ₦28.15 at the official market, trading at ₦1,390.96 to...
The Central Bank of Nigeria (CBN) has adjusted the exchange rate for Customs duties at the nation’s seaports by 11.1 per cent due to the devaluation...
The naira experienced a significant depreciation, falling to ₦1,300 per dollar in the parallel foreign exchange market on Wednesday, a 3.17 per cent drop from its...
The President of the Association of Bureau De Change Operators of Nigeria (ABCON), Aminu Gwadabe, has identified those responsible for the recent wave of depreciation of...
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has told Nigerians to expect the Naira to continue strengthening against the United States Dollar...
The Naira strengthened to ₦1,060 per dollar in the parallel market yesterday, up from ₦1,105 per dollar the day before. On the other hand, the Naira...
The Association of Bureau De Change Operators of Nigeria (ABCON) has disclosed that Bureau De Change (BDC) operators are now buying dollars at a ‘cheaper’ rate...
Late Sunday saw a remarkable surge in the value of the Nigerian currency, Naira, against the US Dollar. Naija News reports that the Naira has exceeded...
The Nigerian Naira saw a significant appreciation against the US dollar on Friday, as it strengthened in both the official and parallel segments of the foreign...
Nigerian billionaire businessman, Aliko Dangote, has observed an improvement and reduction in the cost of diesel in the country. This is as he also submitted that...
A former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has criticized the notion that the naira will stabilize at N400 to the...
The Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga, has warned Nigerians hoarding the dollar to dump their stock immediately to avoid...
The Nigerian currency, Naira, mounted a comeback against the United States Dollar on Wednesday at the parallel market, popularly called the black market. According to the...