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…
Business Naira Weakens Further, Sells N455 Per Dollar at Black Market Oluwadamilare Emmanuel Jun 20, 2020 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 Oluwadamilare Emmanuel Jun 3, 2020 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 Oluwadamilare Emmanuel May 28, 2020 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 Oluwadamilare Emmanuel Dec 17, 2019 The Naira depreciated against the US Dollar at the official window of the Central Bank of Nigeria (CBN), otherwise known as the!-->…
Emefiele hints on when CBN will devalue naira Oluwadamilare Emmanuel Nov 22, 2019 Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has said the likelihood of the apex bank devaluing the Naira!-->…
Featured Naira appreciates against dollar at investors’ window Olusegun Kugbayi Nov 5, 2018 The Naira on Monday gained 10 kobo to exchange at N363.64 to the dollar at the investors’ window, stronger than N363.74 posted on…
Business Naira depreciates against Dollar Oluwadamilare Emmanuel Aug 14, 2018 The Naira on Monday depreciated against the American Dollar at both the interbank and I&E windows of the foreign exchange…
Business CBN lists punishments for Naira mutilation offenders funsho williams Aug 3, 2018 The Central Bank of Nigeria (CBN) has once more warned against mutilating the naira. It also warned that any person caught…
CBN warns against spraying, mutilation, sale of Naira notes Oluwadamilare Emmanuel Jul 16, 2018 The Central Bank of Nigeria (CBN) has issued stern warnings against spraying, selling and mutilation of naira notes to avoid…