Naira-for-crude deal begins Tuesday as Nigerians await reduced fuel prices
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Read MoreDespite the ongoing hunger protests, the naira saw a notable increase versus the dollar in the foreign exchange market. According to FMDQ data, the value of the currency increased from
Read MoreIn reaction to President Bola Tinubu’s N70,000 new national minimum hike, the naira saw a notable gain on Thursday in both the official and foreign exchange illicit markets. The naira
Read MoreLawyer Malcolm Emokiniovo Omirhobo’s appeal against the Arabic lettering on Nigerian Naira notes was dismissed by a Federal High Court in Lagos. The Lagos-based attorney’s lawsuit was dismissed by Presiding
Read MoreFor the first time this week, the naira saw appreciation on Tuesday. According to FMDQ statistics, on Tuesday, the naira appreciated little against the dollar in the forex market, trading
Read MoreShatta Bandle, a well-known socialite in Ghana, has publicly apologised to the Economic and Financial Crimes Commission (EFCC) for spraying naira notes throughout Nigeria. This is in response to his
Read MoreIn the last nine days, the naira has lost more value in the foreign currency market when compared to the dollar. The naira dropped from N1507.83 on Wednesday to N1510.10
Read MoreAs trade on the foreign currency market restarted, the value of the naira continued to decline against the dollar. The naira dropped to about N1505 against the dollar on Monday
Read MoreIn the foreign currency market, the Naira saw its first significant depreciation versus the dollar 24 hours after President Bola Ahmed Tinubu’s first anniversary. The Naira lost value versus the
Read MoreAmid Naira’s growth, the official foreign exchange market’s supply of US dollars increased to 93%. According to FMDQ data, the volume of forex transactions jumped from $83.5 million on Friday
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