After days of consecutive strengthening of the naira against the dollar, the Nigerian currency recorded a slight dip against the greenback at both the official and...
Impressive gains by the Nigerian currency, naira, have started giving currency speculators a nightmare, as the Association of Bureau de Change Operators of Nigeria (ABCON), have...
Some sentiments driven by the federal government’s recent plans to shore up dollar liquidity in the foreign exchange (FX) market have seen the naira strengthened to...
For the second day running, the Naira continued its rebound against the United States Dollar on Friday, strengthening to N950/$ on the average in the parallel...
The naira appreciated against the dollar at the official market but steadied at N1,170 on the parallel market relieving the pressure on the foreign exchange (FX)...
The recent two-day rally recorded by the Naira came to an end yesterday as the Nigerian currency shed N35 to fall to N1,185/$1 at the parallel...
The Trade Union Congress of Nigeria (TUC) has lamented the continuous decline of the naira and its debilitating effects on the side on workers, through inflation....
The Nigeria Labour Congress (NLC), on Sunday, alleged that the love for foreign goods by government official is the major reason for the continous decline of...
The Nigerian currency, the naira continued its free fall on Thursday as it weakened in the parallel market closing at N1,175 per dollar. Ripples Nigeria reports...
The continuous decline of the Nigerian currency worsened on Wednesday, hitting a new record low across segments of the market. Ripples market monitor revealed that the...
The Nigerian currency, naira, on Thursday, continued its free fall at the parallel market, also known as black market, exchanging for N1,030 to a dollar. The...
A House of Representatives member, Ademorin Kuye has said there is a need for the Central Bank of Nigeria (CBN) to tackle the depreciation of the...
The Nigerian currency, the naira continued its free fall on Tuesday as it exchanged for the dollar at the parallel market at between 1,005/$ and 1,025/$....
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...
Data from the official window and the black market has shown that the dollar rate gap between both forex channels has increased to N244.92 kobo. Ripples...
The naira appreciated in the investors’ and exporters’ window of the official market on Tuesday after the dollar rate settled at N755.08/$1 by end of trading...
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...
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 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...
Nigeria’s stock exchange proposes allowing dollar-denominated bond listings and potentially expanding this to stocks, with the aim of easing foreign currency access for companies in Africa’s...
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 BRICS nations; Brazil, Russia, India, China and South Africa, have agreed to reduce their reliance on the dollar in loan advances to their members. This...
The United States Dollar (USD) traded at N739.52/$1 at the close of official trading on Friday, with foreign exchange traders maintaining the value of forex transacted...
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...
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 exchange rate between the naira and the United States Dollar (USD) closed at N777.82/$1 on Friday in the official market, according to the FMDQ Exchange....
Foreign exchange (Forex) scarcity will persist in Nigeria as the country’s external reserves fell to the lowest level since August 2021, data from the Central Bank...
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...