A Nigerian lady has raised concern over the constant fall in Nigeria’s Naira against the US Dollar in terms of value in the market. As the...
Despite some publications reporting the exchange rate as N865/$1, the media says that the naira-to-dollar exchange rate dropped to N800/$1 on Monday. The naira has dropped...
With all the financial narratives going into the redesign of the Nigerian naira notes, we come to the question relating to what the Nigerian law and...
Arabic inscriptions being on the Nigerian naira notes have caused a lot of backlash in recent times from many Nigerians particularly those of Christian faith owing...
On Wednesday, Naira, exchanged at 419.25 to the dollar at the Investors and Exporters window, compared to 418.50 traded on Tuesday, representing 0.18 per cent depreciation....
According to the data obtained from the FMDQ, where Naira is traded officially, the exchange rate between the naira and the US dollar opened at ₦417.90/$1 on...
U.S. stock futures showed a lower open on Friday after a slide in the previous session on U.S. rate hike expectations, though the rate outlook briefly...
On Wednesday, the Nigerian Naira hit a new time low as it is now exchanging between N562 and N570 for 1$ in parallel markets. Though...
Currency in circulation rose by N249bn from N2.66tn as of the end of November to N2.91tn in December 2020. The data was obtained from the Central...
On Monday, the naira exchanged to the dollars for N440 in the parallel market on Thursday, despite the resumption of forex sales to the Bureau de...
On Friday, the dollar sold for N450 in the parallel market, showing a shallow and dry reflection of the foreign exchange market as the impact of...
Nigerian currency, Naira, Monday appreciated by 8 kobo to N360.28 per dollar in the Investors’ and Exporters’ (I&E) window. This is even as the Central Bank...
Britain’s Export Finance Agency has announced plan to add the Naira to its list of “pre-approved currencies”. This will allow the agency provide financing for transactions...
The Nigerian currency, Thursday depreciated to N360.4 per dollar in the Investors and Exporters (I&E) window of the foreign exchange market. Data from the Financial Market...
The Nigerian naira on Monday, February 5, recorded a marginal gain at the parallel market, trading at 363 per United States dollar, up from 364/dollar on...
The Association of Bureau De Change Operators of Nigeria (ABCON) on Wednesday listed recipes for a stronger naira and a more stable exchange rate in 2018....
Nigeria’s Parallel Market Exchange rate is a daily compilation of the price of the Naira against three major currencies in the world. This tracker dates from...
The Naira on Tuesday sustained its loss against the dollar at the parallel market. This was in spite of the Central Bank of Nigeria’s intervention at...