Naira

Naira records first N61 appreciation against Dollar after weeks of decline

The Naira saw its first N61.38 increase vs the US dollar at the official foreign exchange market, following weeks of…

6 months ago

Naira now world’s worst performing currency – Bloomberg report

According to a recent Bloomberg report, the country's currency, the naira, has declined and is now the poorest-performing currency in…

6 months ago

Naira devaluation: Airtel records $549m foreign exchange losses

For its entire year ending in March 2024, Airtel Africa Plc reported a $89 million loss after taxes. This was…

7 months ago

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…

7 months ago

Naira loses N79 to dollar

At the official foreign exchange market, the value of the naira decreased by N79.88 relative to the US dollar.  The…

7 months ago

Naira depreciation: BDC operators reveal solution

In an effort to address the recent devaluation of the Naira, the Association of Bureaux De Change Operators of Nigeria…

7 months ago

Naira falls seventh times against Dollar in days at Foreign Market

The Naira has dropped seven times in the last several days at the foreign exchange compared to the US dollar. …

7 months ago

FX crisis: BDC operators reveal plan to defend Naira against Dollar

Aminu Gwadabe, the president of the Association of Bureau De Change Operators of Nigeria, or ABCON, has stated that the…

7 months ago

Naira depreciating again against dollar

The foreign exchange market saw a N81.34 depreciation of the naira against the US dollar in a single day. The…

7 months ago

Nigerian govt to sell crude oil in Naira to Dangote, other local refineries

The Nigerian government has decided to sell crude oil to Dangote and local refineries to strengthen the Naira. Gbenga Komolafe,…

7 months ago