Tag: CBN

The naira began the week on a softer note, closing at N1,604.48/$1 in the official foreign exchange market on Monday. ...

The naira experienced a turbulent week, continuing its decline against the dollar and closing at N1,604/$1 on Friday — a ...

The Central Bank of Nigeria deployed approximately $669 million in foreign exchange (FX) interventions during the first quarter of 2025. ...

The naira depreciated by 1.39% to ₦1,552.53/$1 on Thursday, down from ₦1,531.25/$1 on Wednesday. Last week, the currency ended on ...

The naira closed at N1,536.82/$1 on Friday in the official market, appreciating by 0.11% from Thursday’s close. Throughout the week, ...

The naira depreciated to N1,538.66/$1 in the official market on Thursday, weakening slightly from N1,537.62/$1 recorded the previous day. During ...

The naira continued its downward slide on Wednesday, closing at N1,537.62/$1 in the official market — a 0.33% drop from ...

Zumax Nigeria Limited, a Nigerian oil and gas company, has filed a lawsuit against the Central Bank of Nigeria (CBN) ...

The naira depreciated marginally on Tuesday, closing at N1,532.39/$1 in the official market, a 0.07% drop from the previous rate ...

The naira closed Monday’s trading session at N1,531.19/$1 in the official market, appreciating by 0.37% from its previous close of ...

The naira remained stable against the dollar on Thursday, closing at N1,530.62/$1, nearly unchanged from Wednesday’s rate of N1,530.52/$1. According ...

The naira gained 0.15% against the US dollar on Wednesday, closing at N1,530.52/$1, up from N1,532.93/$1 on Tuesday. The currency ...

The Nigerian naira had a comeback on Friday, closing at ₦1,517.93/$1 in the official market after a 2.1% appreciation from ...

The Naira closed at N1,550.36/$1 on Thursday, down from N1,538.68/$1 the previous day. This was disclosed in the currency exchange ...

Instead, it will be integrated into the new platform alongside other payment solution providers