CBN sells $876.26m at ₦1,495 in retail auction
The Central Bank of Nigeria (CBN) has sold $876.26 million to end users through bids submitted by 26 banks.
In a circular…
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Naira
Naira increases by 0.6% against dollar at official market
The naira on Monday appreciated at the official market, trading at N1,607.15 to the dollar.
According to data from the FMDQ…
Naira increase to N1,580/$ in parallel market
The Naira yesterday appreciated in the parallel market to N1,580 per dollar, up from N1,610 per dollar the previous Friday.…
Naira depreciate to N1,603.8/$ in NAFEM
The Naira yesterday depreciated to N1,603.8 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM).…
Naira depreciate to N1,565/$ in parallel market
The Naira yesterday appreciated to ₦1,565 per dollar in the parallel market, up from ₦1,585 per dollar last Friday. Conversely, it…
Naira instability threatens local drug production, PMG-MAN warns
The Pharmaceutical Manufacturers Group of the Manufacturers Association of Nigeria has indicated that the naira's chronic…
Naira falls to N1,535/$ in parallel market
The Naira yesterday depreciated in the parallel market to N1,535 per dollar from N1,520 per dollar on Wednesday.
Similarly, in…
Naira rises to N1,510/$ in parallel market
The Naira yesterday appreciated in the parallel market, rising to N1,510 per dollar from N1,515 per dollar last Friday.…
Worst of Naira volatility over – CBN Gov, Cardoso
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says the era of volatility of the Nigerian currency is over adding…
Cubana Chief Priest to forfeit ₦10m to FG, campaign against Naira…
The Federal High Court in Lagos has ordered celebrity bartender and businessman Pascal Okechukwu, also known as Cubana Chief…