Tag: Naira exchange rate
Why the CBN Is Managing the Naira’s Rise Carefully
Many observers assume that policymakers should celebrate a sharply rising currency. A stronger naira reduces the cost of imports and…
CBN gives reasons for stability in Naira exchange rate
The exchange rate had climbed to about N1,800 to a dollar at the height of market volatility but had stabilised…
Naira ends week stronger against dollar
This represents a 0.7 per cent increase compared to the previous day’s trading figure on Thursday, when the local currency…
Naira crashes against dollar at official market
Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market…
CBN reports over $1.5bn forex inflow into Nigeria’s economy
The CBN spokesperson also noted that the naira has also continued to record gains in the Autonomous Foreign Exchange market,…
CIBN declares support for efforts by Tinubu, CBN to save the naira
CIBN also commended President Bola Tinubu for the ongoing efforts to unify the Naira exchange rate to save the country…
Stop Binance operations to strengthen Naira—– ABCON urges FG
The Securities and Exchange Commission (SEC) of Nigeria had in June, issued a statement, emphasising that Binance Nigeria was not…
Naira floors Dollar at Exporters’ window
An exchange rate of N462.13 to the dollar was the highest rate recorded within the day’s trading before it settled…
Naira drops, weakens against the Dollar
An exchange rate of N462.01 to the dollar was the highest rate recorded within the day’s trading before it settled…
Naira loses marginally, weakens against Dollar
An exchange rate of N462.06 to the dollar was the highest rate recorded within the day’s trading before it settled…
Naira gains at Importers, Exporters Window
An exchange rate of N462 to the dollar was the highest rate recorded within the day’s trading before it settled…
Naira gains marginally, exchanges at 436.33 to dollar
An exchange rate of N438 to the dollar was the highest rate recorded within the day’s trading before it settled…
Naira loses slightly against Dollar
An exchange rate of N437 to the dollar was the highest rate recorded within the day’s trading before it settled…
Naira gains after remaining constant for 2 days
An exchange rate of N444 to the dollar was the highest rate recorded within the day’s trading before it settled…
Naira exchanges N429.62 to dollar at Investors’ window
An exchange rate of N431.94 to the dollar was the highest rate recorded within the day’s trading before it settled…