CBN redesigns naira, begins circulation Dec. 15
As means of checking serial abuse of the naira, the Central Bank of Nigeria (CBN) has concluded plans to redesign certain…
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Naira
Naira gains marginally, exchanges at 436.33 to dollar
The Naira appreciated slightly against the dollar at the Investors and Exporters window on Friday as it exchanged at N436.33.
The…
FG threatens to sanction foreign airlines over refusal to sell tickets in…
The Federal Government has threatened to sanction foreign airlines operating in the country over their refusal to accept naira…
Naira weakens against Dollar again
The naira, on Wednesday, weakened against the dollar at the parallel section of the foreign exchange market.
Bureaux De Change…
Naira strengthens further against Dollar, exchanges for N665/$1
The Naira, on Tuesday, sustained its momentum at the parallel market, appreciating to N665 per dollar a few days after security…
CBN speaks on Naira’s free fall in official, parallel markers; fingers NNPC
The Central Bank of Nigeria (CBN) has said non-remittance of dollars to foreign reserves by the Nigeria National Petroleum…
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…
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…