The naira, Wednesday, halted a 2-day slump to appreciate against the US Dollar at the official market. The exchange rate between the naira and dollar rose...
The Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has disclosed that plans are in the offing to generate about $13 billion annual...
For the second consecutive day, the naira slumped against the US dollar at both the official and parallel markets. The exchange rate between the Nigerian currency...
The naira began the week by declining against the U.S. dollar at both the official and parallel markets on Monday 13th November 2023 indicating a reversal...
Buoyed by the news of the planned injection of a substantial amount of foreign exchange by Saudi Arabia into Nigeria’s forex market to boost liquidity, the...
It seems the efforts of the Federal Government and the Central Bank of Nigeria (CBN) to strengthen the naira might not yield the desired result after...
The naira seems not to be responding to the antidote administered to it by the Federal Government as the Nigerian currency continued its slump on Thursday...
It appears the sentiment that trailed the Central Bank of Nigeria (CBN) clearance of the forex backlog in banks which has seen the naira reverse its...
The Presidency has assured that President Bola Tinubu’s administration would remain relentless in working on policies that will strengthen the Naira. Tinubu’s Special Adviser on Economic...
For the second day running, the naira has again slumped against the American dollar at both the parallel and official markets While it slumped to around...
After days of consecutive strengthening of the naira against the dollar, the Nigerian currency recorded a slight dip against the greenback at both the official and...
Impressive gains by the Nigerian currency, naira, have started giving currency speculators a nightmare, as the Association of Bureau de Change Operators of Nigeria (ABCON), have...
Some sentiments driven by the federal government’s recent plans to shore up dollar liquidity in the foreign exchange (FX) market have seen the naira strengthened to...
For the second day running, the Naira continued its rebound against the United States Dollar on Friday, strengthening to N950/$ on the average in the parallel...
The recent recovery recorded by the naira against the dollar continued on Thursday as the Nigerian currency appears to be buoyed by reports that the Central...
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/$1 at the parallel...
The Central Bank of Nigeria (CBN) has debunked reports making the rounds that it was planning to redenominate or restructure the naira notes in 2024. The...
The Nigerian naira, on Monday, again resumed its downward trend after recording marginal gains against the US dollar as it commenced trading at 1,180 per dollar...
The Trade Union Congress of Nigeria (TUC) has lamented the continuous decline of the naira and its debilitating effects on the side on workers, through inflation....
The Nigeria Labour Congress (NLC), on Sunday, alleged that the love for foreign goods by government official is the major reason for the continous decline of...
The Nigerian currency, the naira continued its free fall on Thursday as it weakened in the parallel market closing at N1,175 per dollar. Ripples Nigeria reports...
The continuous decline of the Nigerian currency worsened on Wednesday, hitting a new record low across segments of the market. Ripples market monitor revealed that the...
The Nigerian currency, naira, on Thursday, continued its free fall at the parallel market, also known as black market, exchanging for N1,030 to a dollar. The...
A House of Representatives member, Ademorin Kuye has said there is a need for the Central Bank of Nigeria (CBN) to tackle the depreciation of the...
The Nigerian currency, the naira continued its free fall on Tuesday as it exchanged for the dollar at the parallel market at between 1,005/$ and 1,025/$....
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 Nigerian naira, on Thursday, had a mixed performance against the US dollar, strengthening on the black market but weakening through the Investors and Exporters (I&E)...
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...