The Central Bank of Nigeria (CBN) says it has no plans to redenominate Nigeria’s legal tender, the Naira. CBN’s Director, Corporate Communications Department, Isa AbdulMumim, made...
Nigeria’s currency, Naira, has depreciated to N860 against the dollar. The exchange rate was, however, as high as N800/$ in the investors and exporters (I&E) window....
The Naira on Friday depreciated against the dollar, exchanging at N803.90 at the investors and exporters window. The Naira decreased by 7.72 per cent when compared...
The Naira on Friday closed on a negative note as it exchanged for N770.17 against the dollar at the investors and exporters window. The naira depreciated...
The naira depreciated further against the dollar on Thursday at the investors and exporters window, exchanging at N765.13. It depreciated by 0.26 per cent when compared...
Naira on Monday plunged to its lowest rate ever against the United States dollar on the Investors and Exporters (I&E) to trade at N770.38 per dollar...
The Central Bank of Nigeria has debunked the claim that the it has devalued the naira. A statement signed by Acting Director, Corporate Communications, Isah AbdulMumin,...
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 All Farmers Association of Nigeria (AFAN) has appealed to the Federal Government to compensate farmers for losses recorded during the implementation of the Central Bank...
By Balogun Kamilu Lekan After the Central Bank of Nigeria (CBN) implemented its cash swap policy on February 10th, Nigerians have struggled to conduct transactions and...
By Balogun Kamilu Lekan The forex market accommodates more than 170 currencies, with forex traders speculating on potential fluctuations in value, which can impact their respective...
Young people, in their numbers stormed the streets of Ibadan, the Oyo State capital, on Friday, to protest the current state of the nation. Nigerians have...
