Naira falls to N1,500/$ in parallel market
The naira yesterday experienced a depreciation to N1,500 per dollar in the parallel market, compared to N1,465 per dollar on…
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Naira
Naira falls to N1,455/$ in parallel market
The Naira yesterday experienced a decline, reaching N1,455 per dollar in the parallel market compared to N1,440 per dollar…
No plans to convert $30bn domiciliary deposits to naira – CBN
The Central Bank of Nigeria (CBN) on Saturday said there is no plan to convert $30bn domiciliary deposits to naira.
The Federal…
Naira falls to N1,490/$ in parallel market
The naira yesterday experienced a decline to N1,490 per dollar in the parallel market, compared to the previous rate of N1,470 per…
JUST IN: Senate summons CBN governor on state of economy, naira free fall
The Senate, on Wednesday, through its Committee on Banking, Insurance and other Financial Institutions, summoned the Governor of…
FG targets oil revenue, domestic savings, loans to boost naira
The Federal Government on Wednesday outlined a three-pronged strategy to boost its foreign exchange (forex) position with a view…
FG berates Ogun monarch for ‘spraying naira’ on musician during…
The National Orientation Agency (NOA) has knocked Aremo Sowemimo, Olu of Owode-Egba, in Ogun state, for “spraying money” on a…
Naira surges by 19% to reach N874.79/$ in NAFEM
The naira yesterday strengthened to N874.79 per dollar in the Nigerian Foreign Exchange Market (NAFEM).
Data sourced from FMDQ…
Naira falls to N1089/$ on official investor, exporter window
The naira fell to N1089.51/$ on the official Investor and Exporter window on Tuesday.
The naira experienced a 27.19% decline,…
CBN approves Naira stablecoin, announces launch date
The Central Bank of Nigeria (CBN) has approved the launch of the Nigerian naira (cNGN) stablecoin.
The cNGN, which…