The Naira on Monday depreciated by 0.8 per cent to exchange at N265 to the dollar at the parallel market. The greenback lost N2 to the...
The naira on Friday finally strengthened against the dollar after weeks of free fall at the parallel market. The currency gained N10 to exchange at N270...
The naira continued its freefall on Thursday, crashing to 280 against the dollar at the parallel market. The naira, which was trading at between 241 and...
Nigeria’s naira fell 1.5 percent to a new low of 265 to the dollar on the unofficial market on Wednesday after the central bank rationed dollar...
The Naira today traded a about N260 to the dollars as scarcity of the greenback continues to hit the parallel market. The Naira closed last week...
Nigeria’s President Buhari who has repeatedly refused to devalue the Nigerian naira against experts advice looks on as the Nigerian economy suffers recession. The naira fell...
The Nigerian local currency, naira, is trading at 250 to the greenback and 365 to the pound on Wednesday at the parallel market. “We are selling...
The Nigerian local currency crashed by 2.17 percent against the dollar at the parallel market on Monday. The naira traded at 235 to the dollar at the...
The naira on Monday further depreciated against the dollar at the parallel market. The local currency lost N1.50 to the dollar as it traded at N225.5 to...
The naira eased against the dollar on the parallel market on Tuesday driven by demand mainly from individuals travelling abroad for summer holidays and importers, traders...
The Central Bank Governor, Mr Godwin Emefiele, has reiterated the bank’s stance on not devaluing the naira as many Nigerians would expect. According to him, the...
The Central Bank of Nigeria on Thursday adjusted its exchange rate peg to N197 against the United States’ dollar from the N196.95 it set last week,...