Naira

The Nigerian currency, naira, lost N2 to the dollar at the parallel market on Thursday, the News Agency of Nigeria (NAN) reports. It exchanged for N369 to the dollar, weaker than N367 posted on Wednesday, while the Pound Sterling and…

Naira appreciates in the black market: The naira Thursday appreciated to N389 per dollar in the parallel market following dollar sales to bureaux de change (BDCs) by the Central Bank of Nigeria (CBN). The apex on Wednesday sold $20,000…

Naira suffers further fall: 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 both the interbank market and Bureau De Change window.…

Naira to witness significant boost: There are indication that the Central Bank of Nigeria is set to boost the naira with the injection of more dollars into the foreign exchange market barely three days after the naira weakened against the…

Naira suffers slight setback: After weeks of regaining strength on the foreign exchange market, the naira moved in a reverse direction and dropped, albeit by a small margin, to 385 as against 382 on Thursday morning. However, the tale on…

CBN introduces new FX rates: The Central Bank of Nigeria on Monday introduced new Forex rates and would no longer trade the naira at N375 per dollar for invisibles, such as school fees, medical bills and travel allowances. The…

BDC operators: The Naira recorded an appreciation of 12.36 per cent at the parallel market in the last one week. The News Agency of Nigeria reports that the Naira traded at N440 last Monday while it closed at N390 to the dollar on Friday.…

Naira gains significantly against the Dollar: The Nigerian naira has continued its resurgence against the dollar as it exchanged N378/$ Friday evening. This is coming barely one month after the currency hit a record low of N520/$.…

Naira strengthens on the parallel market: The Nigerian Naira is showing dramatic recovering less than 24 hours after the Central Bank of Nigeria (CBN) monetary policy committee (MPC) meeting. In Abuja, the naira is currently trading…

Naira extends gain: The Naira on Monday continued to extend its gains against the dollar at the parallel market, the News Agency of Nigeria (NAN) reports. The Nigerian currency exchanged at N440 (buying rate) and N445 (Selling rate) to a…

Naira will appreciate: The Naira is set to appreciate further this week as the Central Bank of Nigeria (CBN) plans to inject more Foreign Exchange into the market. CBN spokesman Isaac Okorafor, gave the assurance yesterday. Okorafor…

Naira appreciates: The Naira on Thursday consolidated its gains against the dollar at the parallel market. The Nigerian currency gained two points to exchange at N455 to a dollar, from N457 it posted on Wednesday, while the Pound…

Naira gains strength: The Naira on Thursday marginally appreciated against the dollar at the parallel market. The Nigerian currency gained three points to exchange at N462 to a dollar, after it closed at N465 on Wednesday, while the…

The Naira at the black market today: The acting President Yemi Osinbajo and the economic team seems to be failing to secure an effective antidote for the falling naira in exchange for the dollar at the parallel market. These are the…

Nigerian Naira: The Naira on Friday depreciated against the dollar at the parallel market after posting days of appreciation. The nation’s currency lost N7 to exchange at N465 to a dollar after closing at N458 on Thursday, while the Pound…

Naira crashes: Nigerian currency, naira has crashed to N458 per dollar as against the N455 it closed March 1. The Naira also weakened to N540 against the Pound Sterling from the previous rate of N535 and to N475 against the Euro as…

Why naira is appreciating against dollars: The Central Bank of Nigeria (CBN) said yesterday that the currency’s appreciation against others was the result of its market monitoring and intervention. Its spokesman Isaac Okorafor refuted the…

Naira gains: In less than one week, the naira has gained over N85 against the dollar – thanks to the increased liquidity in the foreign exchange market. The currency exchanged for N430 to the greenback yesterday at the parallel market.…

Current exchange rate: Nigerian naira rose in the black market to its highest in more than three months on Friday, after several interventions by the central bank on the official market, traders said. The local currency exchanged N450 to…

Senator Ben Murray Bruce believes Osinbajo's actions have led to the sudden appreciation of the Naira against the dollar. ‎It is now N440 to $1. CLICK HERE to join our BBM Channel for juicy updates & free giveaways TRENDING NOW…

The Naira has made appreciable gains against the dollar in the last couple of hours. Here's the back story to it all. This time last week, the Naira was in a race of its own for the bottom. Nigeria's currency just couldn't be stopped. At…

Naira Hits Another Low: Things are not looking good for the naira against the dollar as it continues to depreciate against the dollar in the new year. The naira has continued its abysmal run as it has dropped against the United States…

New exchange rate - Nigerian currency, Naira has dropped eight points to trade at a new record low of 436 against the United States dollar in black market, on Thursday night, September 22 to Friday morning, September 23. This comes…