The Naira appreciated on Tuesday at the official market, trading at N1,678.93 against the dollar and recovering from a three-day trading loss. Data from the official...
Price increments are imminent as the Central Bank of Nigeria, CBN, raised the Nigeria Customs Service exchange rate for importation at N1,356.883 per US dollar from...
The Economist Intelligence Unit (EIU), a branch of The Economist based in London, has released a forecast indicating that the Nigerian government is likely to revert...
Guinness Nigeria Plc, in its full-year results for the period ending June 2023, revealed a staggering N49 billion exchange rate loss. As a result, the company...
The naira’s exchange rate against the dollar reached an intra-day high of N869/$1 at the Investor & Exporter Window, as reported by data from the FMDQ....
The exchange rate between the naira and dollar is being quoted for as high as N860/$1 on the black market according to Nairametrics reports. This is...
The exchange rate between the naira and dollar sold for an intra-day high of N815/$1 at the official Investor & Exporter Window on Wednesday, June 21,...
The Central Bank of Nigeria (CBN) has devalued the Naira to N631 to the dollar from N461.6 it sold at the Importers and Exporters (I&E) window...
The Central Bank of Nigeria (CBN) on Wednesday unveiled the much-anticipated flexible foreign exchange framework, allowing the exchange rate of the naira to be determined by...
The naira weakened further against pound sterling as it exchanged at N507 to the pound from N500 it traded on Friday, while the dollar traded at...
The Nigerian naira on Thursday traded at 400 against the dollar, according to a section of Bureau De Change Operators compared to 385 traded Wednesday’s session;...
Monday’s stoppage of foreign exchange sales to Bureau De Change operators by the Central Bank of Nigeria failed to lift the naira on Tuesday as the...