Nigeria’s naira loses 10.6% of its value yearly – IMF
The International Monetary Fund (IMF) says the long-term rate of the depreciation of the naira equates to a loss of 10.6 per cent…
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Naira
Naira Slumps 0.24% to N415.07/$1 at Spot Market
After appreciating for three consecutive sessions at the Nigerian Autonomous Foreign Exchange Rate Fixing (NAFEX), the Naira fell…
Forex: My advice to CBN not meant to devalue Naira – Osinbajo
Vice President Yemi Osinbajo has said that he is not calling for the devaluation of the naira contrary to some reports that…
Naira plunges to N570 per Dollar as scarcity hits harder
THE gap between the official and unofficial market exchange rates widened to N157.94 at the close of business on Thursday, as one…
Naira drops further against dollar
Nigeria’s naira further plunged against the dollar in the parallel market, closing at N562/$ on Wednesday against N557/$ at the…
Naira sinks further against dollar, pounds
The Naira depreciated further in the parallel market on Tuesday hitting N557 to the US dollar.While the value was stable on the…
Naira’s free-fall continues, hits record low
The Nigerian naira has further dipped in the parallel market as it now sells for a whopping N550 against the dollar.
Naira fell…
We Have No Plan To Convert Domiciliary Account Holdings Into Naira – CBN
The Central Bank of Nigeria has assured members of the public that it didn’t issue a directive to convert the foreign exchange in…
Naira Weakens To N540 After CBN Dollar Comment
The Nigeria’s Naira has traded its worst in years in the unofficial market after the Central Bank of Nigeria said it is not…
Bad times for Nigeria as Naira now exchanges @ N530 per Dollar
The Nigerian currency, naira has hit an all-time low after exchanging for N530/$ at the parallel market on Thursday.
Data posted…