The Central Bank of Nigeria (CBN) governor, Mr Godwin Emefiele, says maintaining stable exchange rate to avoid depreciation of the Naira is better than building foreign...
Naira on Friday depreciated marginally against the US dollar at the investors’ window, exchanging at N362.64 compared to N362.32 posted on Thursday. The Nigerian currency, however, remained...
Nigerian Currency Rate To US Dollars Rate Remains At N360 Currency reports today shows that Naira remained stable at the parallel market in Lagos, exchanging at...
Most of Africa’s main currencies were seen trading at a steady level over the next week as markets remained sluggish over the holidays, although the Zambian...
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Naira depreciated by 0.55 per cent to close at N365on Friday was part of foreign exchange market fluctuations. This came despite the frequent interventions by the...
The naira is loosing its steady stand against major currencies. It’s currently exchanging at N363 to a Dollar, N480 against the Pound Sterling and N425 against...
The Central Bank of Nigeria says it would inject more foreign exchange with a view to ensuring liquidity in the market and strengthen Naira against dollar. The apex...
The Central Bank of Nigeria (CBN), has reduced the rate at which it sells dollars to Bureaux De Change (BDCs) in Nigeria to N360 and directed the...
The Central Bank of Nigeria (CBN) has directed all banks to immediately begin sale of forex for BTA, PTA, Tuition and Medical fees to customers at...
The surplus supply of dollars has again jolted speculators and caused a further increase in value of the Naira. The foreign exchange market closed on Friday...
The Naira Thursday appreciated to N385 per dollar in the Abuja segment of the black market, causing panic and confusion among bureaux de change (BDC) operators. Vanguard...
Nigeria official currency naira appreciated aginst the dollar and other major currencies in the parallel market, following the Central Bank of Nigeria, CBN’s intervention in foreign...
The naira will trade at N415 to a dollar as the series of intervention by the Central Bank of Nigeria (CBN) are sustained, Alhaji Aminu Gwadabe...
The naira on Monday appreciated at the parallel market after two weeks of posting losses. The currency gained three points to exchange at N490, from N493...
The Naira on Wednesday weakened to N490 to a dollar at the parallel market after appreciating to N485 to a dollar during the Christmas break. The...
Naira was today valued at 494 to a dollar, as against N268 to a single dollar on December 25, 2015. Over the year, the naira has a...
The Naira on Friday fell at the parallel market as dollar scarcity worsened ahead of the Christmas season. The Nigerian currency exchanged at N487 to a...
The naira took a fall again on Monday, as it slid to 485 against the dollar and 600 against the British pound at the parallel market....
The Central Bank of Nigeria, CBN, has revealed that the nation’s currency has lost about 85 per cent of its value in the last two years,...