Tag: dollar
Naira still struggling against the dollar
The naira on Wednesday continued to depreciate at the parallel market amid mixed reactions to the recent forex policy of…
New low for naira, now N282 to a dollar
The naira hit a record low of 282 naira per dollar on the unofficial market on Monday after the central…
Naira strengthens against the dollar
The Naira on Friday hedged up slightly against the dollar at the parallel market amid calls for the apex bank…
Naira down again, now N265 against dollar
The naira on Monday depreciated by 0.8 per cent to exchange at N265 to the dollar at the parallel market.…
Finally, naira strengthens against the dollar
The naira on Friday finally strengthened against the dollar after weeks of free fall at the parallel market. The currency…
Again, naira weakens against the dollar
Nigeria’s naira weakened further in the parallel market on Thursday, down 0.59 percent after the central bank’s exclusion of some…
RRS smashes dollar counterfeiting syndicate
Kazeem Ugbodaga Operatives of the Rapid Response Squad (RRS) Friday arrested five members of a 15-man syndicate specialising in dollar…
Naira slides further at parallel market
The Naira on Monday further slided at the parallel market as it exchanged for N227 to the dollar, as against…
Naira appreciates at parallel market
The naira on Wednesday firmed against the dollar at the parallel market. The naira gained N1 on Wednesday afternoon as…
Nigerian companies in trouble as CBN measures backfire
Reuters – Nigerian companies making anything from soap to tomato paste could run out of raw materials and be forced…
Naira depreciates against the dollar
The naira on Wednesday depreciated slightly against the dollar at the parallel market, dropping by N2. The currency traded N222,…
Reps. summon CBN Governor over ban on foreign currency deposits
The House of Representatives on Tuesday summoned the Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, to explain the…
Up Again: Naira now N224 to a dollar
The naira eased against the dollar on the parallel market on Tuesday driven by demand mainly from individuals travelling abroad…
Naira hits new low, now N241 for $1
LAGOS, (Reuters) – The naira has hit a new low against the dollar in the black market. It sold for…
Naira slips up against the dollar
The value of the Naira on Monday depreciated against the dollar by N3, to close at N208 at the Bureau…