The Central Bank of Nigeria (CBN) has recorded significant progress in its effort to mop up cash in the economy. In its latest data published on...
The Nigerian currency, the Naira has kicked off the new week with a positive movement at the official market. However, it depreciated at the Peer-2-Peer (P2P)...
The Naira depreciated against the United States Dollar at the Investors and Exporters (I&E) segment of the foreign exchange (FX) market at the last trading session....
Instant electronic payment dropped to N38.77 trillion in January 2023 despite the Central Bank of Nigeria (CBN) hoping the Naira redesign policy would push digital transactions...
The Naira continued its good run against the US dollar at the official market on Thursday. Data from FMDQ securities where naira is officially traded showed...
The Coalition of Civil Society Organizations (CSOs) of Nigeria, has alleged that the Supreme Court’s decision on Wednesday suspending the February 10 deadline for the use...
For the second day running the value of Nigerian currency increased amid low demand for the US dollar. Checks show that the Naira appreciated against the...
Nigerian currency, the naira recorded a positive outing against the US dollar at the official foreign exchange market on Tuesday. Details from FMDQ securities where Investors...
Niherians have been talking as residents of the capital city of Ogun State, Abeokuta, rushed into the streets and roads on Tuesday in protest of cash...
Naira weakened slightly against the United States dollar at the Investors and Exporters segment on Monday. The local unit depreciated by 67 Kobo or 0.15 per...
Nigerian currency recorded an upward movement against the US dollar at the official and unofficial foreign exchange markets during the weekend. In the Investors and Exporters...
Hours after the governor of the Central Bank of Nigeria, (CBN) Godwin Emefiele announced a 10-day extension of the initial 31 January deadline for the collection...
Naira depreciated against the Dollar at the official foreign exchange (FX) market on Thursday, February 2 amid increased demand for the dollar. The Naira loss on...
Despite the extension of the deadline for exchanging old naira notes, there are still sizable crowds and lengthy lines at cash machines and banking rooms in...
For the second day running, the value of Nigerian currency, the naira remains unchanged against the US dollar at the official exchange rate market. FMDQ securities...
The Naira recorded mixed trading against the US dollar at the official and unofficial foreign exchange markets on Tuesday. This happened as Godwin Emefiele, Governor of...
The Value of Nigerian currency, the Naira ended trading against the dollar on Monday on a positive note at the official market. According to data from...
The Nigerian currency continued its depreciation against the US dollar at the official market but improved at the black and peer-to-peer market Data from FMDQ securities...
For the second day in a row, the Nigerian currency increased in value against the US dollar at the official market. On Thursday, in the official...
Nigeria’s currency, the Naira put on an impressive performance against the US dollar across the foreign exchange markets on Wednesday. At the official market, FMDQ securities...
Nigerian currency, the naira once again recorded a poor performance against the US dollar amid a rise in dollar demand. Data from the FMDQ Securities Exchange...
The exchange rates of the Naira to other trading currencies are important factors that shape the volume and value of items imported into Nigeria. As a...
The demand for foreign exchange (FX) at the Investors and Exporters (I&E) market weakened the value of the Naira at the end of last week. On...
The Nigerian Naira recorded a 25 Kobo or 0.05 percent gain on the US Dollar at the Investors and Exporters (I&E) window of the foreign exchange...
The value of Nigerian currency closed flat against the US dollar at the investor’s and exporters’ window of the official market on Tuesday. FMDQ securities reports...
To stabilise the exchange rate in the official market, over $15.3 billion was disbursed into the economy by the Central Bank of Nigeria (CBN) in 2022....
The Nigerian currency gained on the US Dollar at the Investors and Exporters (I&E) segment of the foreign exchange (FX) market on Monday. Data from FMDQ...
The Naira recorded mixed trading as it appreciated against the United States Dollar at the Peer-to-Peer (P2P) but closed weaker at the Investors and Exporters (I&E)...
On Thursday, the local currency outperformed the US dollar across all segments of the foreign exchange (FX) market as demand for foreign currencies waned. Nigerian Naira...
The naira weakened against the United States dollar on Wednesday, reversing part of the gain it had recorded the previous day. FMDQ securities reports that the...
Nigerian currency, the Naira has recorded appreciation against the United States Dollar at the Investors and Exporters (I&E), the Peer-2-Peer (P2P), and the black market segments...
The Naira was relatively stable against the United States Dollar in the different segments of the foreign exchange (forex) market on Monday. This happened as the...
These top 10 stories across the nation’s newspapers might interest you. 1. 51.3% of eligible voters for 2023 elections are youths – INEC The Independent National...
The value of the Naira depreciated against the US Dollar at the Peer-to-Peer (P2P) and parallel market wings of the foreign exchange (forex) market on Friday,...
It was a mixed trading day for the Naira against the US dollar across the foreign exchange markets in Nigeria. The Naira depreciated at the Peer-2-Peer...
Naira on Wednesday depreciated against the dollar across official and parallel foreign exchange (FX) markets. Nigeria’s FX market resumed for the New Year on Tuesday, with...
The first trading day of the new year (2023) on Tuesday started on a mix for Naira at the official and black foreign exchange markets. According...
This has been a tough year for Naira, despite Central Bank of Nigeria’s several efforts and policies to strengthen it. On Friday, the Foreign Exchange (FX)...
The Naira not only extended its loss against the US dollar again on Thursday, this time it was at a new low at the official Market....
The Nigeria Interbank Settlement System (NIBSS) has revealed that more Nigerians are going cashless as the volume of financial transaction through mobile devices has more than...
The Nigerian currency, the Naira extended its fall against the United States dollars on the resumption of trading activities at the official market after the Christmas...
The Naira appreciated against the United States Dollar at the parallel market segment of the foreign exchange (forex) market on Tuesday. The Nigerian currency was exchanged...
There was relative ease for the Naira against the US Dollar across the various segments of the foreign exchange (FX) market on Thursday after going through...
The Nigerian currency, the Naira on Wednesday fell to its lowest level against the United States dollar at the official market. Data from FMDQ securities showed...
To save Nigerians from falling victim of fake naira notes, the Central Bank of Nigeria (CBN) has released the security features of the new naira notes....
Nigerian currency has continued its poor run against the US dollar dropping again in value to N452.67 against the dollar at the Investors and Exporters window....
The Nigerian currency started the week at a new low dropping at the Peer-to-Peer (P2P) segment of the foreign exchange market on Monday, December 19 to...
Nigerian currency came under pressure on Thursday as Nigerians began a rush to return their old Naira notes. Black market traders who spoke to Ripples Nigeria...
The Nigerian Naira weakened further against the US Dollar across the forex markets on Wednesday. FMDQ reports that the Naira depreciated against the US currency by...
The Nigerian currency, the Naira on Tuesday depreciated against the US dollar at the Investors and Exporters (I&E) window of the foreign currency market and the...
