The total value of transactions recorded at the official Nigerian Autonomous Foreign Exchange Market fell from $465.29m on Tuesday and $203.93m on Wednesday, data obtained from...
The Naira on Tuesday, January 23, exchanged for N1,355 to a dollar in the parallel market, from the N1,350 to a dollar recorded on Monday, January...
Human Rights Writers Association of Nigeria (HURIWA) has called on Federal Government to investigate the Central Bank of Nigeria over prolonged artificial scarcity of naira notes....
The Naira on Thursday recorded its first gain in 2024. Data from FMDQ showed that the Naira appreciated and traded at N895.23 per US dollar on...
The Federal Government lamented on Monday that the Naira redesign policy carried out by the Central Bank of Nigeria, CBN from December 15, 2022 to early...
The Central Bank of Nigeria (CBN) has attributed the free fall of the naira against the dollar to the diversion of diaspora remittances to the parallel...
Nigeria’s naira traded at a record low of 860 per dollar on the black market on Thursday, according to traders, weakening below its official rate a...
JP Morgan, an American multinational financial services firm, says the naira is expected to appreciate, and trade at about N600 to the dollar in the coming...
OPERATIONAL CHANGES TO THE FOREIGN EXCHANGE MARKET The Central Bank of Nigeria (CBN) wishes to inform all authorized dealers and the general public of the following...
Importers have condemned the Central Bank of Nigeria (CBN)’s over its denial that the Naira has been devalued. In an interview with BusinessDay, an importer, who...