Naira Predicted to Exchange 1,000/$ Before Weekend by Staff Writer April 16, 2024 0 Finance The naira has continued its strengthen against the United States dollar. The Nigerian currency appreciating N1,050/$ at the official market ... Read more
Naira Begins April in a Bullish Mood, Exchanges below 1,280/$ by Techeconomy April 3, 2024 0 Finance The naira opened the month of April on a positive note, appreciating to N1,278.58 against the United States dollar from ... Read more
Recovery of Naira Linked to $7bn FX Backlog Clearance, BDCs React by Techeconomy April 2, 2024 0 Finance The gradual recovery of Nigeria’s currency, the naira, in the last few weeks has been accredited to more investment in ... Read more
Naira Appreciates to N1,382/dollar at Official Market by Techeconomy March 22, 2024 0 Finance The naira maintained a steady appreciation against the United States dollar on Thursday, gaining N18 to close 1,382/$ at the ... Read more
Naira Weakens as Banks’ Dollar Sales Drops by $252m by Techeconomy February 19, 2024 0 Finance Dollar sales by Deposit Money Banks (DMBs) and other entities at the Nigeria Autonomous Foreign Exchange Market plunged by $252m ... Read more
CBN Battles to Revive Naira as Forex Approaches N1,700/$1 by Techeconomy February 17, 2024 0 Finance The exchange rate between the naira and the dollar has depreciated to an all-time low, reaching N1,537.96/$1 at the official ... Read more
Nigeria’s Naira Reportedly Exchanges N1600/$1 by Techeconomy February 15, 2024 0 Finance “Which way naira?” is one of the topics of X space today, February 15, 2024. The reason is not farfetched ... Read more
Again, CBN Raises Import Duty Forex Rate, Now N1,444.56/$ by Techeconomy February 14, 2024 0 Finance The Central Bank of Nigeria (CBN) has raised the exchange rate for computing Customs duties at the nation’s seaports again, ... Read more
WorldRemit, Sendwave, Other IMTOs Halt Forex Remittance Payments by Techeconomy February 10, 2024 0 Finance International Money Transfer Operators (IMTOs) are beginning to implement the Central Bank of Nigeria (CBN’s) directive barring them from paying ... Read more
Naira – Dollar: Intra-day High Remains above N1500/$1 by Techeconomy February 7, 2024 0 Finance The intra-day high between the naira and dollar sold for N1,519/$1 on Tuesday as forex turnover dropped by 20.26% to $465.29 as the Nigerian ... Read more
Naira Hits Record Low of N1,400/$ at Parallel Market by Techeconomy January 26, 2024 0 Finance The naira fell to a record low of N1,400/$ at the parallel market on Thursday despite recent efforts by the ... Read more
Surge in Dollar Demands Pushes Naira to N1,410 /$1 Record Low by Techeconomy January 25, 2024 0 Finance The consistent surge in the demand for dollars, among other factors has pushed the naira to a record low of ... Read more
Naira Appreciates to N1, 225/$ in Black market by Techeconomy December 20, 2023 0 Finance The naira Tuesday appreciated to N1, 225 per dollar in the parallel market from N1, 240 per dollar on Monday. ... Read more
Naira Appreciates by 0.17% against Dollar by Techeconomy December 19, 2023 0 Finance After trading on Monday, naira appreciated by 0.17 percent as one dollar was quoted at N888.35 compared to N889.86 quoted ... Read more
Naira Strengthens Against the Dollar by Techeconomy December 5, 2023 0 Finance The naira appreciation followed a moderation in dollar demand at the official foreign exchange (FX) market. Read more