Naira gains against dollar at official forex market
At the official foreign exchange market this week, the naira saw its first increase versus the US dollar. According to FMDQ data, the value of a dollar increased from N1,419.11
Read MoreAt the official foreign exchange market this week, the naira saw its first increase versus the US dollar. According to FMDQ data, the value of a dollar increased from N1,419.11
Read MoreAt the official foreign exchange market, the value of the naira decreased by N79.88 relative to the US dollar. The naira closed at N1,419.11 per US dollar on Monday, down
Read MoreIn an effort to address the recent devaluation of the Naira, the Association of Bureaux De Change Operators of Nigeria has disclosed plans for a unified retail end of the
Read MoreThe Naira has dropped seven times in the last several days at the foreign exchange compared to the US dollar. According to FMDQ data, the Naira fell against the dollar
Read MoreAminu Gwadabe, the president of the Association of Bureau De Change Operators of Nigeria, or ABCON, has stated that the BDCs and the Central Bank of Nigeria, or CBN, are
Read MoreThe foreign exchange market saw a N81.34 depreciation of the naira against the US dollar in a single day. The naira fell to N1,154.08 per dollar on Thursday from N1,072.74
Read MoreThe Nigerian government has decided to sell crude oil to Dangote and local refineries to strengthen the Naira. Gbenga Komolafe, the CEO of the Nigerian Upstream Petroleum Regulatory Commission, revealed
Read MoreAccording to Finance Minister Wale Edun, Nigerians save in US dollars because they no longer trust the Naira. He pointed out that the recent increase in the value of the
Read MoreOn suspicion of organising an Islamist-motivated terror attack, three teenagers have been arrested by the police in Germany. Two girls aged 15 and 16 and a boy aged 15 were
Read MoreTo further increase Naira’s appreciation in the foreign exchange market, the Central Bank of Nigeria, CBN, has started another tranche of dollar sales for Bureau De Change, BDC, operators. ZINGTIE
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