The naira staged a massive comeback to appreciate against the dollar on Friday, 24th November 2023, closing at a new high of N794.89/$1 at the official...
The President of the World Bank Group, David Malpass, has warned against the parallel exchange rate, stating that it impedes foreign investment, affects the bank’s projects,...
The Nigerian currency, Naira, is starting the new week at N745 to a United States Dollar at the black market. Traders who spoke to Ripples Nigeria...
The Nigerian currency, naira has hit an all-time low after exchanging for N530/$ at the parallel market on Thursday. Data posted from Aboki FX in Thursday...
Naira gained slightly against the United States dollar on Monday on the black market as the country’s foreign exchange reserves lost $437 million in the two...
The rate of exchange of naira to the United States dollar remained immobile for three days in a row Wednesday at the black market, data from abokiFX.com showed,...
The Naira shed value against the dollar at the parallel market on Friday, going down by 1.83% after trading without budging at the last two previous...
The recent move of the Central Bank of Nigeria (CBN) to frequently pump in foreign exchange into the Nigerian market seems to be paying off even...
Despite the new CBN policy on stemming the sliding tide of the naira against the dollar, the local currency on Tuesday maintained a 1.2 per cent...
The blame game on why Nigeria’s local currency, the naira, has defied all measures aimed at shoring up its value against major currencies continues. The Central...
Until government finds a lasting solution to abuse in the foreign exchange market, the more than 35 per cent widening gap between the interbank market (official...
The Nigerian currency, the naira, collapsed to an all-time low, exchanging for 400 per dollar at the parallel market on Friday. No official reason was adduced...
The Nigerian currency, naira, fell N351 to the United States dollar at the parallel market and slightly to 282 at the new interbank market on Monday....
