Naira slips slightly as Dollar trades above ₦1,490 on parallel market
The naira experienced a mild decline on Tuesday across multiple segments of Nigeria’s foreign exchange market.
In the official…
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Naira
Naira rises to N1,490/$ in parallel market
The Naira on Wednesday appreciated to N1,490 per dollar in the parallel market from N1,495 per dollar on Tuesday. Likewise, the…
Dangote refinery ends sales of petrol in Naira, gives reasons
The Dangote Petroleum Refinery has stated that it will stop selling petrol in naira, explaining that its crude-for-naira supply…
Naira hits five-month high at 1,514/$
The naira ended last week trading close to a five-month high at 1514.86/$ on the official window, according to Central Bank of…
‘One of strongest currencies in world,’ CBN warns against…
The Central Bank of Nigeria (CBN) has urged the public to protect the dignity of the naira.
Hakama Sidi-Ali, acting director of…
Naira strengthens against dollar, closes week at N1,534.72
The Naira ended the week on a positive trajectory, appreciating by 4.52 kobo against the U.S. dollar at the official market on…
Naira hikes to N1,545/$ in parallel market
The naira strengthened to ₦1,545 per dollar in the parallel market on Tuesday, up from ₦1,550 per dollar recorded over the…
Naira hikes to N1,570/$ in parallel market
The naira strengthened in the parallel market on Thursday, appreciating to ₦1,570 per dollar from ₦1,580 on Wednesday.
However,…
Naira settles below ₦1,600
The naira traded below ₦1,600 in the parallel market on Wednesday, buoyed by forex interventions from the Central Bank of Nigeria…
Naira rises to N1,615/$ in parallel market
The naira appreciated yesterday in the parallel market, strengthening to N1,615 per dollar from Tuesday's rate of N1,620 per…