The World Bank has said that the Nigerian currency, Naira has weakened by 40 percent since mid June 2023 devaluation and is one of the worst-performing...
The naira exchanged for N756.21 to a dollar at the Investors and Exporters window on Wednesday. The naira lost 1.48 percent compared to the N745.19 it...
The official market closed Thursday’s foreign exchange trading with N738/$1 rate, as the authorised dealers of the Central Bank of Nigeria (CBN) reduced their asking price...
The value of the United States Dollar (USD) fell to a low of N475/$1 on Wednesday in the investors’ and exporters’ window of the official market,...
Foreign exchange authorised dealers in the investors’ and exporters’ (I&E) window slightly raised the rate of the dollar to N776.60/$1 on Tuesday, from N773.98/$1 rate reported...
The dollar rate in the investors’ and exporters’ window of the official market closed down on Friday, as the value of the naira increased by 2.96...
Foreign exchange dealers in the investors’ and exporters’ window of the official market increased the price of the United States Dollar (USD) by N16.02 on Wednesday....
The naira exchanged for N742.10 to a dollar at the Investors and Exporters window on Tuesday. The local currency appreciated by 4.06 percent compared to the...
Investors and exporters in the official market were offered the United States Dollar (USD) at the range of N804.15/$1 and N722.39/$1 during trading on Monday. These...
The naira exchanged for N773.50 to a dollar at the Investors and Exporters window on Monday. The local currency depreciated by 7.08 percent against the N736.62...
FMDQ Exchange reported that the exchange rate between the naira and the dollar rate depreciated to N736.62/$1 on Thursday after activities came to a close in...
The naira exchanged for N736.62 to a dollar at the Investors and Exporters window on Thursday. The local currency appreciated by 4.53 percent compared to the...
The United States Dollar (USD) was offered to clients of authorised dealers at a rate of N771.59/$1 at the end of trading in the official market...
The price of the United States Dollar (USD) fell to as low as N588/$1 in the official market on Tuesday before trading closed in the market...
The naira exchanged for N744.97 to the dollar at the Investors and Exporters window on Tuesday. The local currency gained 0.39 percent compared to the N747.87...
The official authorised dealers slightly increased the price of the United States Dollar (USD) by N7.49 kobo, as the exchange rate closed at N747.87/$1 on Monday,...
The United States currency, the dollar, will crash against the naira soon, according to the General Overseer of the Redeemed Christian Church of God (RCCG), Pastor...
The exchange rate between the naira and the United States Dollar (USD) closed at N738.18/$1 in the Investors’ and Exporters’ window on Wednesday, Ripples Nigeria learnt....
The dollar appreciated against the naira on Tuesday in the Investors’ and Exporters’ window of the official market, closing at N775.34/$1, the foreign exchange aggregator, FMDQ...
The naira exchanged at N775.34 to a dollar at the Investors and Exporters window on Tuesday. The Nigerian currency lost by 0.42 percent compared to the...
The authorised dealers increased the price of the United States Dollar (USD) to N800/$1 on Monday, the highest rate of the American greenback during trading in...
The naira exchanged at N771.69 for a dollar at the Investors and Exporters window on Thursday. The Nigerian currency rebounded by 0.22 percent compared to the...
The Naira exchanged for N773.42 to the dollar at the Investors and Exporters window on Wednesday. This indicated that the Nigerian currency depreciated by 0.35 percent...
The Nigeria Employers’ Consultative Association {NECA}, on Wednesday, counseled the Federal Government on the need to ramp up crude oil production to the 1.8 million barrel...
The Nigerian currency, naira continued its appreciation against the United States dollar on Wednesday as it ended at N850 per dollar at the close of trading....
News broke on Wednesday that Nigeria’s national oil company, the Nigeria National Petroleum Company Limited (NNPCL) signed a loan agreement to the tune of $3 billion...
The plan by the Central Bank of Nigeria (CBN) to intervene in the continued fall of the naira against foreign currencies made a positive impact on...
In a bid to arrest the free fall of the naira at the parallel market, also known as black market, the Central Bank of Nigeria {CBN},...
Nigerians may have more economic hardship to contend with as they have been asked to brace up for an imminent upward review of the pump price...
The Nigerian currency, naira depreciated further at the black market, on Friday as it sold for N950 to the US dollar. Ripples Nigeria had reported that...
The Naira continued its depreciation against the United States dollar on Wednesday, at both the official and unofficial (black) markets. At the Investors and Exporters (I&E)...
FMDQ Exchange reported that the official exchange rate between the naira and the United States Dollar (USD) closed Wednesday’s trading at N741.64/$1. The price of the...
On Tuesday, the naira to dollar exchange rate closed at N789.08/$1 in the investors’ and exporters’ window of the official market. Ripples Nigeria learnt that the...
Foreign exchange traders in the Investors’ and Exporters’ window of the official market transacted $54.18 million worth of forex on Friday. The authorised dealers and clients...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the...
The value of the naira decreased by 3.85 per cent in the Investors’ and Exporters’ window on Thursday, as the dollar gained against the Nigerian currency....
On Wednesday, the authorised dealers reduced the exchange rate between the naira and the United States Dollar (USD) by N51.42 kobo. The reduction shows the value...
The gap between the official and black markets’ dollar rates widened on Tuesday to N59.92 kobo, as the price in the former dropped, while it rose...
The naira to dollar exchange rate settled at N768/$1 in the Investors’ and Exporters’ window on Thursday, as the naira appreciated by 3.21 per cent. Ripples...
The naira devalued by 6.83 per cent in the Investors’ and Exporters’ window on Wednesday, as the price of the United States Dollar (USD) was increased...
The FMDQ Exchange revealed that the United States Dollar (USD) was sold at a reduced rate of N742.93 kobo/$1 at the close of trading in the...
On Thursday, the gap between the black market and official rates of the United States Dollar rose to N51.6 kobo, according to data obtained from aggregators...
The foreign exchange (Forex) traders closed official forex trading on Monday with one dollar selling at N744.07/$1, dropping from N776.90/$1 reported at the end of Friday’s...
The average naira to pound rate in the black market crossed N1000 on Friday, as the British currency was exchanged at N1002.2/£1. Both currencies had traded...
The naira to the dollar exchange rate in the official market has risen by 39.5 percent in the last six months, higher than 3.59 percent recorded...
The official market traders recorded a 0.25 per cent or N2 drop in the price of the United States Dollar (USD) at the close of trading...
In the investors’ and exporters’ window of the official market, foreign exchange traders transacted the dollar at a rate of N765.13/$1 at the close of trading...
The former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has called on President Bola Tinubu to consider trade reforms and warned against...
The dollar rate in the investors’ and exporters’ window at the official market was N763.17/$1 at the close of trading on Wednesday. Ripples Nigeria gathered that...
The gap between the official window and the black market was reduced on Wednesday to N96.26, from N288.63 the previous day. Ripples Nigeria gathered that the...
