By Amaechi Okoro
The Central Bank of Nigeria (CBN) has issued a fresh update to clarify the continued validity of old Naira notes in the country. This clarification was...
A recent analysis by BMI, a division of Fitch Solutions has revealed that the Naira is expected to weaken to N1,993 against the US Dollar by...
The House of Representatives has ordered Nigeria’s apex bank, the Central Bank of Nigeria (CBN) to make available more new notes of N200, N500 and N1,000...
The monthly allocation value of Federation Accounts Allocation Committee (FAAC) to the tiers of government has depreciated by 33.4 per cent in dollar terms as reported...
Nigeria has officially commenced the sale of crude oil and refined petroleum products in Naira, the country’s legal tender. Accord to a statement from the Ministry...
The Nigerian Naira, on August 5, 2024, gained value in the official market, trading at N1,607.15/USD. Data from the Fixed Income, Currencies, and Commodities (FMDQ) Exchange,...
See the Naira exchange rate for Tuesday, May 14, 2024, in Abuja and Lagos respectively below: Abuja: Date Currency Buying (₦) Central (₦) Selling (₦) 14/05/2024 ...
See the Naira exchange rate for Monday, May 13, 2024, in Abuja and Lagos respectively below: Abuja: Date Currency Buying (₦) Central (₦) Selling (₦) 13/05/2024 ...
Nigeria’s Naira is now the worst performing currency in the world within the last month, according to a report by Bloomberg. According to the report, the...
At the Investor’s and Exporter’s window, the naira traded between N1,265 and N1,100 against the dollar. The naira on Friday experienced huge appreciation at the official...
Operators of the forex black market in Abuja were forced to shut down on Wednesday, February 21, 2024, as operatives of the country’s anti-graft agency, the...
The rippling effects of the high costs of Premium Motor Spirit (PMS) is continuing to take its toll on the Nigerian economy. Truck drivers under the...
