CBN Sells $543.5m to Forex Dealers to Defend Naira at Currency Market
Aduragbemi Omiyale By Aduragbemi Omiyale About $543.5 million was given to authorised foreign exchange (FX) deals, particularly commercial banks in…
forex market
Naira Falls to N1,658/$1 as CBN Shocks Market With Further Rate Hike
Adedapo Adesanya By Adedapo Adesanya The Naira depreciated to a new low against the US Dollar at the Nigerian Autonomous…
Naira Crashes to N1,637.59/$1 at Official FX Market
By Adedapo Adesanya It was a bad day for the Naira in the Nigerian Autonomous Foreign Exchange Market…
Naira Depreciates to N1,563/$1 at NAFEX Despite CBN FX Intervention
By Adedapo Adesanya The value of the Naira depreciated against the US Dollar in the Nigerian Autonomous Foreign…
ABCON Takes Glory for Naira Appreciation at FX Market
By Adedapo Adesanya The Association of Bureaux de Change Operators of Nigeria (ABCON) has said the decision of…
Naira Now N1,548.25 at Official Market, N1,560/$1 at Black Market
By Adedapo Adesanya The Naira sustained its gradual recovery against the US Dollar in the Nigerian Autonomous Foreign…
Dollar Crashes to N1,520/$1 at Parallel Market
Dipo Olowookere By Dipo Olowookere The value of the Naira to the US Dollar significantly strengthened in the parallel market…
N1,400/$1 Exchange Rate May Drive Inflation Higher—Alaje
**Lists Ways to Guarantee Stable Naira By Aduragbemi Omiyale The Nigerian government has been advised on the steps…
Naira Appreciates 21.4% to N864/$1 After Crossing N1,000/$1 at NAFEM
By Adedapo Adesanya After touching one of the lowest levels in recent times last Friday, the Nigerian Naira…
Naira Plunges 8.3% Amid Rush for Dollar at Official Market
By Adedapo Adesanya The Nigerian Naira weakened further by 8.3 per cent or N67.28 on the American Dollar…