News Naira continues to weaken against dollar funsho williams Nov 26, 2020 THE naira depreciated against the dollar across the official and parallel markets yesterday with many pundits predicting further…
Naira depreciates marginally to dollar at parallel market Olusegun Kugbayi Nov 23, 2020 The Naira lost marginally to the dollar at the parallel market in Lagos on Monday, exchanging at N382 to a dollar, lower than N380…
Naira exchanges at N470/$ in parallel market Olusegun Kugbayi Nov 16, 2020 The naira has continued to fall in the parallel market as it exchanged at N470 to a dollar at the weekend. The Central Bank of…
Business Nigeria’s Naira sinks to lowest level in weeks funsho williams Nov 14, 2020 Nigeria’s currency, the Naira closed the week, falling to its weakest level in six weeks as Central Bank of Nigeria interventions…
CBN opposes bid to remove Arabic inscriptions from naira note Olusegun Kugbayi Nov 10, 2020 The Central Bank of Nigeria (CBN) has opposed a suit seeking to remove the Ajami (Arabic) inscriptions on naira notes. It told…
Featured Naira exchanges N460 to dollar on parallel market funsho williams Sep 15, 2020 THE naira on Monday fell by 1.09 per cent to N460 on the parallel market. The naira decline followed President Muhammadu‘s…
Business Naira depreciates to N460/$1 at Black Market, BDC Oluwadamilare Emmanuel Sep 15, 2020 The value of the Nigerian Naira against the United States Dollar depreciated by N5 at the black market on Monday to N460/$1 from…
Naira rebounces, records continuous gains after CBN FX intervention funsho williams Sep 2, 2020 The naira strengthened to N435 to a dollar at the parallel market yesterday as against about N480 to a dollar it had been trading…
Pressure Mounts on Naira, Sells for N475/$1 at BDC Market Oluwadamilare Emmanuel Aug 16, 2020 The pressure on the Naira showed no sign of easing as it dropped against the US Dollar at the Bureaux De Change (BDC) segment of…
Drop in forex liquidity crashes Naira to N460/$ Oluwadamilare Emmanuel Jun 28, 2020 The shortage of foreign exchange (forex) to the market in Nigeria has started to take a huge toll on the local currency. At the…