Tag: Naira
CBN resisted pressure to float Naira
Mr Isaac Okoroafor, the acting Director, Corporate Communications, Central Bank of Nigeria (CBN) says the apex bank resisted suggestions to…
Naira achieves marginal gain against dollar at investors’ window
The Naira on Thursday appreciated marginally against the dollar at the investors’ window. The Nigerian currency gained 9 kobo to…
Naira weakens against dollar at investors’ window
The Naira on Wednesday weakened against the dollar at the investors’ window as the Nigerian currency lost 51kobo to exchange at…
Naira slides down further at investors’ window
The Naira on Thursday, depreciated further at the investors’ window, exchanging at N360.31 to the dollar. The Nigerian currency lost…
Naira dips marginally against dollar at parallel market
The Naira on Tuesday depreciated marginally against the dollar at the parallel market, exchanging at N361.20 to the dollar. The…
Forex: Naira closes at N360.54 per dollar at investors’ window
The Naira on Thursday traded at N360.54 to a dollar at the investors’ window.
Naira exchanges at N360.56 against dollar at investors’ window
The Naira on Wednesday traded at N360.56 against the dollar at the investors’ window.
Naira maintains N361.50 per dollar at parallel market
The Naira on Wednesday exchanged at N361.50 to the dollar at the parallel market, maintaining same rate for the past…
Naira sells at N364/$ as MPC holds rate
The Naira on Tuesday exchanged at N364 to the dollar at the parallel market as the Monetary Policy Committee (MPC)…
Why CBN interventions fail to save Naira
Financial experts have diagnosed plausible reasons for the steady depreciation of the nation’s currency in spite of series of interventions…
Forex: Naira loses against dollar
The naira on Thursday continued to fall against the dollar at the parallel market, the News Agency of Nigeria (NAN)…
Naira Gains Marginally Against Dollar
The Naira on Wednesday appreciated marginally against the dollar at the parallel market.
Expert urges CBN to mop up naira
Alhaji Aminu Gwadabe, a financial expert, has urged the Central Bank of Nigeria (CBN) to further mop up excess Naira…
Naira to remain stable as CBN’s interventions cripple speculators
Alhaji Aminu Gwadabe, President, Association of Bureau De Change Operators of Nigeria (ABCON), said on Thursday that the nation’s currency…
Naira lifted again as CBN injects $418 million
The Naira is set to be given further lift in the forex market with the Central Bank of Nigeria, CBN’s…
Naira expected to be stable due to dollar flows
The Nigerian naira is expected to be stable in the coming week while the Zambian kwacha could come under pressure.
Naira strengthens against dollar
The naira on Thursday gained N2 against the dollar at the parallel market as it was traded at N386 to…
Naira rallies around N390 per Dollar
The naira on Thursday appreciated marginally against the dollar at the parallel market at N390 to the dollar.
Naira dips slightly against dollar
The Naira on Thursday depreciated slightly against the dollar at the parallel market, the News Agency of Nigeria (NAN) reports.
Naira Stabilises Against Dollar
The naira on Monday stabilised against the dollar at the parallel market.
Naira sustains loss against dollar
The Naira on Tuesday sustained its loss against the dollar at the parallel market.
CBN shortens Foreign Exchange settlement period as naira weakens
Nigeria's central bank plans to sell shorter-dated dollar forwards to inject liquidity into the official market and try to support…
Naira crumbles to dollars again
Nigeria's naira slid pass N400 on the black market on Friday amid tight dollar supply, despite a series of currency…
Experts predict rise in Naira value
Alhaji Aminu Gwadabe, President, Association of Bureau De Change Operators of Nigeria (ABCON) has said that the naira will soon…
Why Naira Falls -Expert
Alhaji Aminu Gwadabe, the President, Association of Bureau De Change Operators of Nigeria (ABCON), has blamed the recent depreciation of…
Dollars: High demand raises rate to N380
Increasing demand for the dollar at the parallel market on Thursday resulted in the rise of the greenback currency to…
Naira records 12.36 % rise in one week
The Naira recorded an appreciation of 12.36 per cent at the parallel market in the last one week.
Naira consolidates strength against dollar
The Naira on Friday in Lagos consolidated its position against the dollar at the parallel market.
Naira sells at N400 to dollar
The Naira on Thursday was sold at N400 to a dollar at the parallel Market.
Naira Gains More Strength, Now N400 To Dollar
Following the Central Bank of Nigeria’s (CBN) intervention in foreign exchange (forex), the Naira traded N400 to a dollar at…