Tag: Naira
Naira consolidates gain against dollar
The Naira on Thursday consolidated its gains against the dollar at the parallel market, the News Agency of Nigeria (NAN)…
CBN boosts forex supply with $195m
The Central Bank of Nigeria (CBN) on Tuesday sustained the supply of foreign exchange to the market by releasing 195…
Naira trades at N455 to a dollar at black market
The Naira traded at N455 to a dollar amid liquidity boost in the Bureau de Change and parallel market segments…
Naira gains against Dollars again
The Nigerian currency exchanged at N462 to a dollar, after it closed at N465 on Wednesday, while the Pound Sterling…
What Is the True Value of the Naira
what is wrong with the naira is what is wrong with Nigeria itself. It is quite fundamental and predates most…
Naira depreciates, sells at N465/$
The Naira on Friday depreciated against the dollar at the parallel market after posting days of appreciation.
CBN boosts sales of dollars to strengthen Naira
Nigeria central bank said on Monday it sold $80 million to retail customers and another $100 million in currency forwards…
Naira Rises As Dollar Crashes At Parallel Market
The Naira on Friday sustained its gains against the dollar as liquidity boost by the Central Bank of Nigeria (CBN)…
Naira falls as dollar scarcity worsens
The Naira on Friday fell at the parallel market as dollar scarcity worsened ahead of the Christmas season. The Nigerian…
Naira stabilises at N485 per dollar at parallel market
The Naira on Friday remained stable at the parallel market, exchanging at N485 to a dollar. The Pound Sterling and…
Why Naira spike continues — Gwadabe
A Bureau De Change operator, Alhaji Aminu Gwadabe, has identified speculation, hoarding and increasing zero confidence of foreign investors among…
Naira appreciates against dollar at parallel market
The Naira on Tuesday appreciated against the dollar at the parallel market, closing at N468 to a dollar. The Nigerian…
Naira firms against dollar
The Naira on Wednesday appreciated against the dollar in all the segments of the foreign exchange market, the News Agency…
Reps decry fall of naira
The House of Representatives on Wednesday expressed concern over continuous fall of the naira against major currencies and resolved to…
Recession: EU advises Nigeria to devalue Naira
European Union (EU) official Fillippo Amato has advised the Federal Government to devalue the Naira as part of measures to…
NCAA to meet foreign airlines over alleged rejection of Naira
The Nigerian Civil Aviation Authority (NCAA) says it will soon convene a meeting with foreign airline operators over their alleged…
Naira sustains fall against major currencies
The Naira on Thursday crashed further against the major currencies in all the segments of the market. At the interbank…
Naira gains marginally at the interbank market
The Naira on Monday appreciated marginally at the interbank market, gaining N0.57 against the dollar. The Nigerian currency closed at…
Poor Naira: Nigerian pilgrims cut down on spending
Many Nigerian pilgrims currently in Saudi Arabia for this year’s pilgrimage say they have cut down on their spending following…
Naira slides further, now N400 to one Dollar
The Naira on Wednesday dipped further against the dollar at the parallel market. The Nigerian currency exchanged at about N400…
Naira falls against Dollar
The Naira on Monday depreciated against the dollar at the parallel market. The Nigerian currency lost N3 to exchange at…
Naira strengthens against dollar
The Naira on Wednesday appreciated against the dollar at the parallel market. The Nigerian currency on Wednesday afternoon gained 5…
Naira falls again, now N380 to dollar
The Naira on Monday depreciated further against the dollar at the parallel market. The Nigerian currency exchanged at N380 to…
Naira stable against dollar as CBN meets over economy
The Naira on Monday remained stable at the parallel market. The Nigerian currency maintained N378 to the dollar at the…
Naira weakens against dollar
The Naira on Monday weakened slightly against the dollar at the parallel market. The Nigerian currency shed 1 point to…
Naira consolidates against dollar
The Naira on Tuesday appreciated further against the dollar at the parallel market. The Nigerian currency gained N9 at the…
Naira falls in free float
The naira plunged against the US dollar on Monday after Nigeria’s government scrapped its fixed exchange rate and allowed market…
Bank customers to submit bids ahead of naira float
Commercial banks have asked customers to submit bids ahead of the start of new interbank foreign exchange trading on Monday.…
Naira falls again
The Naira on Monday fell against the dollar at the parallel market. The Nigerian currency shed N8 to exchange at…
2016 budget will strengthen the naira
AProf. Park Idisi of the Department of Agriculture, University of Abuja, on Saturday said the 2016 budget would increase exports…