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 naira fell to N1,154.08 per dollar on Thursday from N1,072.74
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The 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 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
Read MoreFinancial expert Kalu Aja has urged the Central Bank of Nigeria to sell the Naira at a rate of N1000 to the US dollar. Aja revealed this in a statement
Read MoreSince Olayemi Cardoso, the governor of the Central Bank of Nigeria, called BDC operators back into the foreign exchange market, the Naira has appreciated by N660 against the US dollar,
Read MoreThe Central Bank of Nigeria reports that the country’s economy has received inflows totaling over $1.5 billion in the last few days. In a statement released on Friday, Sidi Ali,
Read MoreAs of Thursday’s conclusion of trading on the official foreign exchange market, the Naira has retained its N1,300 status versus the US Dollar. On Thursday, the Naira was valued at
Read MoreAs it continued its appreciation against the US dollar on the foreign currency market, the Naira finished the week on a high note. The Naira strengthened to N1,602.75 from N1608.98
Read MoreA Senior Advocate of Nigeria, SAN, Mike Ozekhome, has issued a warning that by the end of 2024, the naira may be exchanged for N4,000 against the US dollar due
Read MoreThe Nigerian Central Bank has declared its intention to offer foreign exchange valued at $20,000 to all qualified Bureau De Change operators nationwide. This occurred more than two years after
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