naira

The naira yesterday depreciated to N362.53 per dollar in the Investors and Exporters (I&E) window even as the volume of dollars traded declined by 17 percent.   Data from FMDQ…

The naira further remained stable at the close of trade on Monday, selling at N363 against the dollar at the Bureau De Change (BDC) and parallel market on Monday in…

The Nigerian Senate is asking the Central Bank of Nigeria to change ‘lower naira notes’ to coins. The Central Bank of Nigeria should convert the country’s lower currency notes into…

The naira on Monday depreciated further at the black market in spite of the commitment of the CBN to boost liquidity in the market, newsmen report. The naira lost two…

The value of the dollar continued to diminish against the naira as the local currency was traded at N390 to the greenback on Thursday evening in Abuja. NAN reports that…

The Naira has continued to appreciate and gain weight against the dollar at the parallel market, newsmen report. The Nigerian currency on Tuesday afternoon traded at N420 (buying rate) and…

The Nigerian Naira continued to depreciate against the U.S. dollar on the parallel market, despite the claim of a steady rise in the foreign reserves. The local currency lost N3…

Lukman Otunuga, a macroeconomics expert and research analyst at FXTM, says the Central Bank of Nigeria (CBN) may devalue the naira to 400 against the dollar on the official side.…

According to Instagram user Kemi Daniels, her uncle who hadn’t been home for the past 10 years didn’t know that these Naira notes pictured above are now stale. And he…

The President, Association of Bureau De Change Operators, Alhaji Aminu Gwadabe, says the Central Bank of Nigeria has told its members that it does not intend to devalue the naira.…