The Nigerian naira faced a significant depreciation in the official market on Wednesday, trading at ₦1,669.15…
Category: Dollar
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CBN Sells Dollar To Access, FBN, Fidelity, 23 Other Banks, Disqualifies Six (Full List)
The Central Bank of Nigeria (CBN) has confirmed that it sold foreign exchange (FX) to banks…
Naira Loses 40% Of Value Against Dollar In First Half Of 2024
The Naira depreciated by over 40 percent in the first half of 2024 in the foreign…
CBN Issues Fresh Directive On Foreign Currency Deposit
The Central Bank of Nigeria (CBN) has released updated guidelines for Deposit Money Banks (DMBs) regarding…
Naira Marks Fourth Consecutive Appreciation Against the Dollar, Amid New CBN Directive To BDC Operators
The Nigerian Naira has continued its upward trajectory against the US Dollar, marking its fourth consecutive…
Naira Crash: We Did Not Ban Foreign Missions From Transaction In Dollar – EFCC
The Economic and Financial Crimes Commission, EFCC, has revealed that it did not ban foreign missions…
‘Naira Now Worst Performing Currency In The World’
Nigeria’s currency, the naira, has taken a sharp downturn, becoming the world’s worst-performing currency in the…
Naira Depreciates To ₦1,340/$ In Parallel Market
The Nigerian currency, the Naira, has experienced a significant decline in value, falling to ₦1,340 per…
Naira Makes Strong Comeback Against Dollar In Parallel Market
The Nigerian Naira recorded a significant appreciation in the parallel market, strengthening to ₦1280/$ yesterday, as…
Naira Depreciates Further At Parallel Market, Trades At ₦1,260/$
The Nigerian Naira experienced a significant depreciation in value against the US Dollar this Monday, as…