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...
The Naira exchanged at N446.38 to the dollar at the Investors and Exporters window on Tuesday. This means that the Naira depreciated by 0.09 percent compared...
For the first time in five trading days, the Nigerian currency has recorded a positive trade against the US dollar. Data from the FMDQ securities showed...
The Nigerian currency, the Naira, has again depreciated further against the US dollar in the forex market making it a fourth-day straight loss. This happened as...
For three consecutive days since the Central Bank of Nigeria (CBN) announced a new cash withdrawal policy, the value of the Naira has weakened against the...
The Nigerian currency on Wednesday continued its bad run as it depreciated to N445.83 a dollar at the official market. This was a 0.11 per cent...
The value of the Naira went down on Tuesday at the forex change markets after the Central Bank of Nigeria (CBN) introduced new cash withdrawal limits...
Nigeria’s currency, the Naira, has kicked off the new week very strong against the US dollar amid an unexpected drop in forex demand. Traders at the...
The Nigeria Inter-Bank Settlement System has revealed that Nigerians’ total value of electronic transactions in nine months (January to September) of 2022 stood at N272 trillion....
The Central Bank of Nigeria(CBN) in the first seven months of 2022, defended the value of the naira by selling $11.24 billion forex to Nigerians and...
The nation’s currency, the naira depreciated against the dollar at the official Foreign Exchange (FX) market on Thursday as supply dropped at the Investors and Exporters...
The World Bank has revealed that Nigerians abroad sent home $20.9 billion to families and friends. This was revealed in its latest Migration and Development Brief...
The naira closed trading on Wednesday unchanged at the official window of the forex exchange market. Data from FMDQ securities showed that at the Investors and...
On Tuesday, the Naira closed the market with a mixed performance against the US dollar at the foreign exchange (forex) markets. While it strengthened against the...
Nigerian currency recorded a good performance against the US dollar at the Investors and Exporters (I&E) and the Peer-to-Peer (P2P) segments of the foreign exchange (FX)...
The Nigerian currency continued its struggles at the official market amid drop in dollar supply over the weekend. Data from FMDQ securities showed that at the...
The Governor of the Central Bank of Nigeria, Godwin Emefiele, has blamed the growing request for foreign school fees and travelling by Nigerians as one of...
The Nigerian currency, the naira, has recovered some of its lost value at both the official and black market on Thursday. According to FMDQ securities data,...
The Nigerian Naira fell 0.11 per cent, or 50 Kobo, on Wednesday due to strong demand for Dollars in the Investors and Exporters (I&E) segment of...
The Central Bank of Nigeria on Wednesday unveiled the redesigned Naira notes. See the pictures below READ ALSO:NEW NAIRA NOTES: Banks adjust operating hours, days, to...
Commercial banks have begun adjusting operating hours and days to help Nigerians deposit their old Naira notes. Banks across the country operate between 8.00 am and...
The naira appreciated to N770 per dollar at the parallel section of the foreign exchange market on Tuesday. The figure represents an appreciation of N15 or...
The Naira on Monday appreciated against the dollar at the Investors and Exporters window, exchanging at N445.38. The figure represents an appreciation of 0.07 per cent...
The Central bank of Nigeria (CBN) has created a countdown clock on its website showing the end for three banknotes in circulation. CBN Governor, Godwin Emefiele,...
The pressure on Nigeria’s currency, Naira moderated on Wednesday as it gained 0.95 percent against the dollar at the parallel market following a slight increase in...
The Nigerian currency had a good day at the black market as traders reduce what they were demanding to sell dollars to Nigerians. Checks by Ripples...
On Tuesday, the naira depreciated to N800/$1, a further drop from Monday’s N780 per dollar performance, after recording its biggest comeback in recent times last week....
The Nigerian currency, Naira, has returned to default settings at the black market 48 hours after recovering 26.24 per cent of its value loss. On Monday,...
Vice-President Yemi Osinbajo has disclosed that Nigeria’s exchange rate regime remains a subject of concern that must be redressed. Osinbajo expressed this view in his address...
The Central Bank of Nigeria (CBN) has confirmed increased deposits in commercial banks across the country. Ostia Nwanisobi, the CBN Director of Corporate Communications, disclosed this...
In the last few days of last week, the recovery of the Nigerian currency, the Naira, had investors skeptical that the rally would last. On Thursday,...
The exchange rate between the dollar and naira fell by -3.9 per cent on Friday in the black market, with the Nigerian currency gaining against the...
Nigerians woke up to the news of the naira rebounding by 20.8 percent to 720/dollar at the parallel market. Recall that last week, the naira dropped...
The dollar sold for N850 in the black market on Thursday. A Bureau De Change operator in the Ogba, area of Lagos State told Ripples Nigeria...