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Tag: Naira

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.
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