Naira stable against dollar as CBN meets over economy
The Nigerian currency maintained N378 to the dollar at the close of trading on Monday afternoon, keeping same value as at Friday. Also,...
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Naira crashes further against major currencies
At the parallel market, the naira shed three points to exchange at N378 to the dollar at the close of trading on Friday afternoon,...
Naira continues drop against dollar
The Nigerian currency, which lost three points on Tuesday to exchange at N368 from N365 on Monday, also traded at N368 to the dollar on...
Naira weakens slightly against dollar
The Nigerian currency shed 1 point to trade at N353 by midday, from N352 it traded on Friday. However, the Naira hedged against the Pound...
Devaluing naira will not benefit Nigeria – Buhari
This is despite the implementation of the flexible exchange rate policy, which has resulted in the devaluation of the nation’s currency....
Naira slumps to 260/$1 at interbank market
Following the decision of the Central Bank of Nigeria to allow market forces determine the value of the naira, the interbank market on...
Naira depreciation calls for urgent introducton of Biafran currency in Igboland – MASSOB
This was part of the statement released by MASSOB’s Anambra North Director of Finance, Mr Martins Ezeala, in Onitsha, Anambra State on...
Naira strengthens further against dollar
The Pound Sterling and the Euro also traded between N480 and N488 and N380, N385 against the naira, respectively. Meanwhile the official...
Nigeria ready to devalue naira – Osinbajo
He told investors, “We expect that with a more flexible policy, we will be able to attract more capital into the system and ease...
Naira remains at N321 to dollar at parallel market
The News Agency of Nigeria (NAN) reports that the Naira remained stable at N321 for almost a week. However, the Pound Sterling and the...
Naira drops parallel market; Dollar, Pound Sterling, Euro now N320.5, N457, N361 respectively
The News Agency of Nigeria (NAN) reports that the naira lost 50 kobo on Wednesday afternoon, from N320 it traded on Monday. However, the...
Naira exchanges at N320 to dollar at parallel market
The News Agency of Nigeria (NAN) reports that the value of the Naira on Monday afternoon remained the same as its rate at the weekend....
Naira sells at N322 to dollar at parallel market
The News Agency of Nigeria (NAN) reports that the currency was stable in the previous week, maintaining value of between N315 and N320 to...
Naira sells at N321 to dollar at parallel market, N197 at CBN
The News Agency of Nigeria (NAN) reports that the nation’s currency has maintained this value since April 1. The Naira, however, slide...
Naira remains N322 to dollar two days after Easter break
It also remained firm against the two other major currecies, the pound sterlin which exchanged at N448 and the \euro which sold for N355....
U.S to pressurize Nigeria on naira devaluation this week
In a move that suggests pressing for devaluation of the Nigerian currency, the U.S Assistant Secretary of State for Africa, Linda...
If Buhari doesn’t act now, those sabotaging the naira may return to business – Ubah warns
The businessman, who warned that the saboteurs responsible for the decline in the value of the Naira “might still go back to their old...
Naira now N364 to $1
The Naira further gained N6 on Tuesday, trading at N364 to the dollar at the parallel market following President Muhammadu Buhari’s...
Naira is already devalued – Professor Utomi
The Tribune quoted Utomi as saying yesterday that the Nigerian government could not shy away from the rate of the currency at the...
Naira trades N370 to dollar at parallel market
The News Agency of Nigeria (NAN) reported that the Naira sold at N390 to one dollar on Feb 19. However, it closed at N199.50 to the...
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