Tag: Naira
Naira crashes to Dollars again
Nigeria's Naira crashes to US Dollars at the official market at the close of the day on Friday.
Naira sinks further against dollar, pounds
While the value was stable on the official window at N409.51-N410.50, it continues to be blown apart in the black…
Naira goes into the weekend bruised and battered by U.S. Dollar
In the black market, it dipped to N545 to the dollar on Friday, about 0.9 percent depreciation compared to Thursday's…
Why Naira is losing value: CBN
Adamu explained that the exchange rate was determined by the forces of demand and supply and that there were three…
Updated: Naira suffers major crash at BDCs, Black market
By Abankula The Nigerian Naira is in a tailspin at the Black Market, a day after the Central Bank stopped…
Naira crashes to almost N500 to US dollar
The Nigerian Naira has suffered two consecutive days of melt down in the unofficial market as it tumbles by about…
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ICYMI: CBN quietly devalues the Naira
The Naira has now been officially devalued from N379 to N410.25, according to NAFEX rate released by CBN on Monday…
Naira weakens as dollar scarcity hits market
The Naira fell on Monday and bid-ask spreads widened as the local spot currency market struggled with a scarcity of…
How local content could boost value of Naira
An economist, Mr Tope Fasua, on Sunday, advised the Federal Government to take concrete steps to boost productivity, with strong…
Pastor Adeboye releases powerful prophecy about Naira
The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has prophesied that Naira will regain its…
Nigeria’s Naira sinks to lowest level in weeks
Nigeria’s Naira closed the week, falling to its weakest level in six weeks as Central Bank of Nigeria interventions failed…
Wide gulf persists between CBN, BDC rates for Naira and Dollar
The Central Bank of Nigeria exchanges N379 to one US dollar, sustaining a wide gulf between its rate and the…
Dollar, Sterling, Euro batter Naira again in parallel market
The Naira has lost all its gains of two weeks ago against the US dollar and other major currencies and…
Naira loses ground against Dollar
The Nigerian Naira depreciated against the US dollar in the parallel market on Monday in contrast to the massive gains…
Naira exchanges at N359 to dollar at parallel market
The Naira on Monday traded at N358.6 to the Dollar at the parallel market in Lagos.
Naira gains against dollar at parallel market
The Naira on Tuesday gained 40 Kobo to exchange at N359 to the dollar at the parallel market in Lagos,…
Naira weakens marginally against dollar at parallel market
The Naira on Wednesday lost marginally to the dollar at the parallel market in Lagos exchanging at N358.2 to the…
Naira closes at N360.13 to dollar at investors window
The Naira on Tuesday exchanged at N360.13 to the dollar at the investors window as market turnover stood at 277.11…
Naira appreciates marginally against dollar at parallel market
The Naira on Wednesday gained N1 to exchange at N358 to the dollar at the parallel market in Lagos, stronger…
Naira maintains stability against dollar
The Naira on Monday maintained stability against the dollar at the parallel market in Lagos, exchanging at N358 to the…
Naira rises to N358 against dollar
The Naira on Monday appreciated further at the parallel market in Lagos, exchanging at N358 to the dollar, stronger than…
Naira stable at N360.5 to dollar at parallel market
The Naira on Thursday traded flat at N360.5 to the dollar at the parallel market in Lagos.
FG plans to devalue Naira by April – Adebutu
A sitting House of Representatives, member, Hon. Oladipupo Adebutu, has alleged that the Federal Government under the leadership of President…
Naira losses marginally against dollar at Investor window
The Naira on Friday lost marginally to the dollar at the investors window, exchanging at N362.79.
Naira closes at N363.05 at Investors’ window
The Naira on Wednesday, sold at N363.05 to the dollar at the inventors’ window.
Naira reverses loss, sells at N360.5 to dollar
The Naira on Friday closed trading on a positive note by reversing the marginal loss made on Thursday, with the…
Naira loses marginally against dollar at parallel market
The Naira on Thursday lost marginally against the dollar at the parallel market in Lagos, exchanging at N361 to the…
Naira sustains free fall at parallel market
The Naira on Monday sustained its free fall at the parallel market, defying attempts by the CBN to awash the…
Naira crashes further against dollar at parallel market
The Naira on Thursday depreciated at the parallel market, exchanging at N368 to the dollar.
Naira loses marginally against dollar at investors’ window
The Naira on Wednesday lost marginally against the dollar at the investors’ window.