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The Nigerian Naira appreciated significantly against the US dollar on Monday, closing at 1,339.33/$ in the official foreign exchange market. This marked a substantial 9.68 percent...
The Naira depreciated against the Dollar for the first time since last Thursday in the foreign exchange market, coinciding with the Central Bank of Nigeria’s issuance...
In recent days, the Nigerian Naira has continued to exhibit signs of instability against the US dollar, despite various interventions by the Central Bank of Nigeria...
The Nigerian currency, the Naira, experienced a significant depreciation yesterday, dropping to ₦1,365 per dollar in the parallel market from ₦1,320 per dollar on Tuesday. Naija...
Despite the Naira’s recent gains against major foreign currencies, prices of goods and services in Nigeria are unlikely to decrease anytime soon. This is because the...
The Nigerian Naira has depreciated in value at the official market, with the exchange rate falling to ₦1,309.39 to a dollar, according to the latest data...
The Nigerian currency, the naira, experienced a notable appreciation in value, reaching ₦1,350 per dollar in the parallel market, a sharp rise from ₦1,430 per dollar...
The Nigerian Naira, on Monday, gained strength against the US dollar in the parallel section of the foreign exchange (FX) market, sparking optimism among currency traders...
The Euro to Naira exchange rate in the black market has reached a new high, with the rate standing at ₦1,559.767 on March 25, 2024. This...
Renowned global financial analyst, Goldman Sachs, has projected that the price of the dollar to the naira will soon drop to N1200. Naija News reports that...
What is the Pounds to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Pounds to...
What is the Pounds to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Pounds to...
What is the Pounds to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Pounds to...
What is the Pounds to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Pounds to...
A currency becomes weak if a country’s exchange rate is regressing as a result of internal policies, inflation and the bad economic situation. The value of...
A former Deputy Governor of the Central Bank of Nigeria, Kingsley Moghalu argues that Nigeria’s economic crisis is beyond the exchange rate crisis currently being combated...
The Federal Government disclosed on Thursday that it opted for a N800-to-dollar exchange rate in the 2024 Appropriation Act after examining the naira’s average performance. It...
The Central Bank of Nigeria, acting on behalf of the Federal Government, has increased the exchange rate for cargo clearance from N783/$ to N952/$. This adjustment...
The Central Bank of Nigeria (CBN) on Wednesday, June 14, reportedly granted commercial banks freedom to trade foreign exchange at any rate. The announcement is coming...
With about 10 days to the inauguration of the next administration, the dollar has risen to N760 ahead of May 29. Naija News understands that as...