CBN opposes bid to remove Arabic inscriptions from naira note
The Central Bank of Nigeria (CBN) has opposed a suit seeking to remove the Ajami (Arabic) inscriptions on naira notes.
It told…
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Naira
Naira exchanges N460 to dollar on parallel market
THE naira on Monday fell by 1.09 per cent to N460 on the parallel market. The naira decline followed President Muhammadu‘s…
Naira depreciates to N460/$1 at Black Market, BDC
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
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/$1 at BDC Market
The pressure on the Naira showed no sign of easing as it dropped against the US Dollar at the Bureaux De Change (BDC) segment of…
Drop in forex liquidity crashes Naira to N460/$
The shortage of foreign exchange (forex) to the market in Nigeria has started to take a huge toll on the local currency.
At the…
Naira Weakens Further, Sells N455 Per Dollar at Black Market
The Naira further dropped N2 against the Dollar at the black market segment of the foreign exchange (forex) market on Friday.
At…
Naira depreciates to N445/$1 at black market
The Naira couldn’t extend the gains it has recently recorded against the United States Dollar at the black market on Tuesday as it…
Naira gains against Dollar after Eid-el-Fitr break
Normalcy returned to the foreign exchange market in Nigeria on Wednesday, May 27, 2020, especially at the parallel market as the…
Naira Loses 5 Kobo Against Dollar at Interbank on Monday
The Naira depreciated against the US Dollar at the official window of the Central Bank of Nigeria (CBN), otherwise known as the…