The Nigerian naira is facing challenges in the informal foreign exchange market, with the US dollar being quoted at approximately ₦1,490 (sell) and...
The Nigerian naira has started the week on a strong note against the US dollar, with the local currency trading at N1,485.5 per...
The dollar index fell 0.22% to 97.90 on Monday, extending losses for a second session as concerns over a potential US government shutdown...
The Nigerian naira has strengthened to N1,527 per US dollar in the parallel market, marking its highest level in over a month. This...
The naira has hit a six-week high against the US dollar, trading at N1,526.09 per dollar. This marks a 0.36% increase from the...
The Nigerian currency, Naira, experienced a mixed performance on Wednesday, appreciating in the parallel market but depreciating in the official market. According to...
The Central Bank of Nigeria (CBN) has expressed concerns over the growing trend of illicit transactions involving banknotes, warning that this practice threatens...
The Nigerian currency, the Naira, has continued its downward trend, depreciating further at both the parallel and official markets. According to data published...
The Nigerian naira has taken a hit, weakening to N1,550 against the American dollar in the black market. The decline comes amid increased...
The Nigerian naira continued its strong performance, appreciating by N11 or 0.72% to close at N1,514/$1 at the parallel market on Wednesday, February...
The Nigerian naira continued its stability on Monday, fueled by reduced demand for the dollar and effective policies implemented by the Central Bank...
The Nigerian Naira experienced a sharp value decline on Wednesday, falling from N1,600 to N1,780 per dollar in the black market. This reversal...
The Nigerian naira’s downward trend continued on Wednesday, hitting N1,654.09/$1 at the official foreign exchange market, a N1.07 increase from the previous day’s...
The Nigerian naira staged a surprising comeback on Monday, appreciating 5.7 percent against the US dollar at the official market, despite the dollar...
The Nigerian naira strengthened significantly against the US dollar on Tuesday, closing at N1,561.76 in the official Investor and Exporter (I&E) window. This...
Dr. Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN), says the apex bank is pleased with the progress it has...
