Tag: naira

The Nigerian currency appreciated for the 4th consecutive week to settle at ₦1,245 against the dollar amid amplified confidence in ...

Nigeria’s foreign exchange reserves dropped by approximately $1.02bn within 18 days, according to Central Bank of Nigeria (CBN’s) report. The ...

Dr.  Muda Yusuf, the chief executive officer of the Centre for the Promotion of Private Enterprise (CPPE), has given an insightful thought ...

The naira opened the month of April on a positive note, appreciating to N1,278.58 against the United States dollar from ...

The gradual recovery of Nigeria’s currency, the naira, in the last few weeks has been accredited to more investment in ...

The value of the naira took a turn for the north, as it appreciated by 12 percent by the end ...

Parallel market operators are quoting a buy price of N1400/$1 for holders of dollars looking to sell marking a significant ...

The Nigerian Autonomous Foreign Exchange (NAFEM), saw a notable appreciation on Tuesday, with the closing rate standing at N1560.57 to $1. ...

Nigeria’s foreign exchange (FX) market began on a positive note on Monday as the naira appreciated to N1,572.86 per dollar ...

The Naira closed at N1,602.17/$1, a 0.22% improvement from N1,605.74/$1 on the prior day.  However, the Naira lost some ground ...

The official exchange rate of the naira against the dollar ended its three-day winning streak, falling by 4.26% to N1602.43 ...

The exchange rate between the naira and the dollar strengthened for the third consecutive day, closing at N1,534.9/$1 on the ...

The naira appreciated against the dollar to 1,582/$ at the close of trading activities at the official market on Monday. ...

In recent times, the idea of a strong currency has been often associated with the United States dollar, with many ...

The Nigerian government is planning to raise $10bn to improve liquidity in the foreign exchange (forex) market. On Tuesday, the ...