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Oluwo of Iwo, Oba Abdulrosheed Adewale Akanbi, has related the hike in naira-dollar exchange rate to dollar scarcity in the market and blamed it on Nigerians...
Human rights activist, Mike Ozekhome, says the Dollar may exchange for N4000 by the end of 2024 should the Naira keep falling against the Dollar at...
The Central Bank of Nigeria has announced its decision to sell foreign exchange worth $20,000 to each eligible Bureau De Change operator across the country. This...
Nigeria’s local currency is currently exchanging above 2,000 naira against the Great Britain Pound at the parallel market. A Bureau de Change operator at Wuse Zone...
The naira fell to a new all-time-low of N1,534/$ on the official Nigerian Autonomous Foreign Exchange Market on Monday. This indicates a loss of 3.93 per...
The naira plunged further at the official window on Tuesday, closing at an all-time-low of N1,482 against the United States dollar. The local unit had closed...
The naira has maintained its downward trend as scarcity of the dollar bites harder, findings by The PUNCH have revealed. At the parallel market, naira commenced...
Nigerians have taken to their social media pages to react as the Naira crashed to N1k per dollar in the Parallel Market, also known as the...
The naira appreciated against the United States dollar on the Investor & Exporter forex window on Wednesday, closing at 793.70/$. The local currency had earlier traded...
Amid the impact of the Central Bank of Nigeria’s foreign exchange reforms, the Naira depreciated against the dollar on Friday, exchanging at N803.90 at the investor’s...
The World Bank has approved a fresh $500 million loan for Nigeria to help improve the livelihood of women in Nigeria. Disclosing this in a statement,...
Naira on Friday depreciated further against the dollar at the Investors and Exporters window, exchanging N472.50 to the dollar. The local currency showed a 0.64 percent...
Naira remained unchanged on Thursday, exchanging at N464.67 to the dollar at the Investors and Exporters window. The local currency did not change from its value...
The Central Bank of Nigeria has debunked the claim that the it has devalued the naira. A statement signed by Acting Director, Corporate Communications, Isah AbdulMumin,...
The Central Bank of Nigeria (CBN) has debunked a report by a national daily that it has devalued the naira to N631 per dollar at the...