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Tag: Naira

Dr. Dominic Joshua provides insights into crises of Dangote Refinery and implications for Nigeria's economy and foreign investment prospects.

News

Dominic Joshua unveils holistic strategy to uplift Naira amidst soaring exchange rates

The recent nosedive from N1,482.75 to N1,520.123 within 24 hours sends shockwaves through the financial landscape.
Obidients, Arise TV's Rufai Oseni after my life – Reno Omokri cries out

Business, News

How the Naira can bounce back – Reno Omokri

"Gone are the days when the government artificially set the Naira's value. And all major Presidential candidates said they would…
Naira

Business

‘Why Naira regained strength at Foreign Exchange market’

Gwadabe urged the management of CBN to continue to make clarifications and implement some of the association’s recommendations in charting…
Stronger reserves and sweeping FX reforms are giving CBN room to stabilise the naira, protect investment flows and domestic production

News

Naira further strengthens against Dollar, appreciates to N786.02/$1

The Nigerian naira appreciated against the dollar on Wednesday, 1st November 2023, closing at N786.02/$1 at the official market.
Naira strengthens further at official FX market

News, Top Stories

Breaking: Exchange rate falls to N993/$1

Before now, the lowest level was N848/$1 recorded on the 17th of October 2023 which represented a one day 8.17%…
Naira fluctuations have prompted businesses to adapt, says Bunmi Adeleye of Retail Supermarkets Nig. Ltd, owners of Shoprite Nigeria.

Business, News

Local production, reduced importation will strengthen Naira – Expert

“We are not producing anything, and the only thing that can help the Naira to stabilise is when we produce…
Naira

Business

Naira collapses against Dollar at Investors, Exporters Window

The naira lost 1.48 per cent compared to the N745.19 it exchanged for the dollar on Tuesday. The open indicative…
Naira

Business

Naira slumps against Dollar at investors, exporters window

The Naira dropped by 1.01 per cent compared to the N740.38 it exchanged for the dollar after the close of…
Naira

Business

Naira plummets against US Dollar at investors, exporters window

The naira lost by 0.42 per cent compared to the N772.12 it exchanged for the dollar on Monday. The open…
Stronger reserves and sweeping FX reforms are giving CBN room to stabilise the naira, protect investment flows and domestic production

News

Naira ends week on negative note

A total of 73.80 million dollars was traded at the investors and exporters window on Friday.
Tinubu assents to Electricity Act (Amendment) Bill

Headlines, News

‘Naira redenomination’: Chartered Institute of Treasury Mgt. warns President Tinubu

Speaking on economic diversification and investment, he said it could be achieved by leveraging external financing.
Stronger reserves and sweeping FX reforms are giving CBN room to stabilise the naira, protect investment flows and domestic production

Business, Top Stories

Naira falls to record low of ₦945 per dollar in black market

Banks are unable to come up with the dollars to meet demand, and buyers are increasingly turning to the black…
Naira

Business

Naira posts marginal gains against Dollar at Investors, Exporters window

The local currency gained 2.43 per cent when compared with N775.76 which it exchanged for the dollar at the close…
Stronger reserves and sweeping FX reforms are giving CBN room to stabilise the naira, protect investment flows and domestic production

News

Naira appreciates, exchanges N740.08 to dollar

A total of 153.28 million dollars was traded at the investors and exporters window on Wednesday.
Naira

Business

Naira crumbles to Dollar again at Investors, Exporters window

The Naira lost by 1.26 per cent when compared with N768.16 for which it exchanged for the dollar on Thursday.
Naira

Business

Naira posts big gain against Dollar at Investors, Exporters window

The Naira gained by 3.22 per cent when compared with N793.70 for which it exchanged for the dollar on Wednesday.
Stronger reserves and sweeping FX reforms are giving CBN room to stabilise the naira, protect investment flows and domestic production

Business

Naira crashes further against Dollar at Investors, Exporters window

The Naira decreased by 6.83 per cent when compared with N742.93 for which it exchanged for the dollar on Tuesday.
Naira

Business

Naira in free fall against Dollar at Investors, Exporters window

The Naira decreased by 7.72 per cent when compared with N746.28 for which it exchanged for the dollar on Thursday.
Naira

Business

Naira posts big gain against Dollar at Exporters’ Window

The Naira gained by 3.61 per cent when compared with N769.25 for which it exchanged for the dollar at the…
Naira

Business

Naira crumbles further against Dollar at Exporters Window

The Naira depreciated by 0.82 per cent when compared with N763 for which it exchanged for the dollar before the…
Naira

Business

More woes as Naira loses more ground against dollar

An exchange rate of N801 to the dollar was the highest rate recorded within the day’s trading, before it settled…
Naira

Business

Naira crashes against Dollar at Exporters Window again

The Naira depreciated by 0.87 per cent when compared with N756.61 for which it exchanged for the dollar on Tuesday.
Naira

Business

Dollar plummets against Naira at Exporters window

The Naira gained by 1.79 per cent when compared with N770.38 it was exchanged to the dollar on Monday.
Naira

Business

More trouble as Naira continues in massive fall at investors, exporters window

The local currency depreciated by 5.75 per cent when compared with N664.04 for which it exchanged for the dollar on…
CBN

News

Naira drops by 40.78% at Investors, Exporters window

Naira on Wednesday depreciated against the dollar at the Investors and Exporters window, exchanging N664.04 to the dollar.
Naira

Business

Naira in massive crash to dollar at Investors, Exporters Window

The local currency dropped by 40.78 per cent when compared with N471.67 it exchanged for the dollar on Tuesday.
Naira fluctuations have prompted businesses to adapt, says Bunmi Adeleye of Retail Supermarkets Nig. Ltd, owners of Shoprite Nigeria.

Business, Top Stories

BREAKING: CBN floats naira at investors’ forex window

“Hence, banks and customers are allowed to trade freely at any rate subject to N1 spread between buy and sell…
Naira fluctuations have prompted businesses to adapt, says Bunmi Adeleye of Retail Supermarkets Nig. Ltd, owners of Shoprite Nigeria.

News

Naira drops further by 0.64%

The local currency showed a 0.64 per cent decrease when compared with N469.50 it exchanged for the dollar on Thursday.
Naira

News

Naira unchanged, exchanges N464.67 to dollar

Naira remained unchanged on Thursday, exchanging at N464.67 to the dollar at the Investors and Exporters window.
DSS finally drags Godwin Emefiele to court

News

Breaking: CBN did not devalue Naira to N631/$, shun fake news

The Central Bank of Nigeria (CBN), on Thursday, June 1, debunked the claim that it has devalued the naira to…
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