Naira gains seven points against Dollar after CBN intervention
The Naira on Tuesday appreciated to N363 per dollar in the parallel market. Naira dropped to N363 per dollar from N370 per dollar on...
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Naira continues to gain against dollar
The Naira appreciated to 374 to US dollar on Thursday. The local currency had a good week, maintaining its grip against the greenback....
Naira puts up strong showing against dollar
The Naira, Wednesday, remained stable at N375 per dollar in the parallel market. The local currency has maintained the figure in the...
Nigerian Naira no longer useful abroad – Mailafia
A former Deputy Governor of the Central Bank of Nigeria, CBN, Dr Obadiah Mailafia, has lamented that the naira could no longer be used...
Naira climbs to a 3-month high against dollar
Naira cruised strongly into the weekend, exchanging at N380/$1 in the parallel market. This is ahead of Monday’s Central Bank of Nigeria...
Naira strengthens as CBN pumps fresh $457million into forex market
The Naira closed at N383 to a dollar at the parallel market as the Central Bank of Nigeria, CBN, on Monday injected 457.3 million...
Naira appreciates against dollar
The Nigerian naira on Friday strengthened slightly at the parallel market. The local currency appreciated by one point against the...
Naira regains strength against dollar
The Naira on Monday appreciated against the dollar at the parallel market. The Nigerian currency gained three points to exchange at N388...
Naira retains ground at parallel market
The naira on Thursday appreciated marginally against the dollar at the parallel market at N390 to the dollar, the News Agency of Nigeria...
Naira loses marginally against dollar
The Naira on Tuesday depreciated marginally against the dollar at the parallel market. The Nigerian currency on Tuesday afternoon lost...
CBN injects $100m into forex market as Naira depreciates
The Central Bank of Nigeria (CBN) on Thursday said it had offered 100 million dollars to authorised dealers as its intervention to...
Naira falls slightly against dollar
The Naira on Thursday depreciated slightly against the dollar at the parallel market. The Nigerian currency lost two points to close at...
Naira stabilises at parallel market
The naira on Monday stabilised against the dollar at the parallel market. The Nigerian currency traded between N380 (buying rate) to N385...
Naira gains N20 against dollar
The Naira has appreciated significantly by N20 to exchange at N380 against the US Dollar in the parallel market. The Nigerian currency...
Naira appreciates further against the dollar
The naira has appreciated by N12 against the US dollar in the parallel market. This follows the $62 million dollar supplied to the...
Naira regains strength against dollar
The Naira regained strength against the dollar at the parallel market on Tuesday, closing at N398 to the dollar. Naira appreciated from...
Recovered $43m: God is exposing enemies of Nigeria, Naira – BDC operators
President of Association of Bureau De Change Operators of Nigeria (ABCON), Alhaji Aminu Gwadabe says the recent discovery of huge sums of...
Nigerians’ demand for dollar drops amid fear of further crash
Demands for foreign exchange by authorized dealers have dropped, as the dealers were only able to pick $45 million out of the $100...
Naira suffers further crash against the dollar
The Naira on Tuesday suffered further loss against the dollar at the parallel market. This comes after Central Bank of Nigeria, CBN,...
Naira: Why Nigeria’s currency will get worse – Prof. Ukpong
A Don and Professor of Financial Economics in the University of Uyo, Awka Ibom State, Leo Ukpong, has stated that the Naira will get...
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