The Nigerian naira has continued its upward trajectory, reaching a rate of 1,200 against the US dollar on the black market following an adjustment by the...
…Apex Bank prohibits use of Foreign currency as collateral for loans In a decisive move to tackle currency volatility, The Central Bank of Nigeria has once...
The naira continued its weeks-long appreciation against the dollar in the foreign exchange market amid the Central Bank of Nigeria’s fresh effort to defend the currency....
The Naira on Friday strengthened at the official market, trading at N1,251.05 to a dollar. Data from the official trading platform of the FMDQ Exchange, a...
The Economic and Financial Crimes Commission (EFCC) has detained Lagos Cross dresser, Idris Okuneye popularly called Bobrisky, for allegedly spraying Naira notes. The EFCC had invited...
The naira, Nigeria’s currency, on Wednesday, strengthened to N1,250 to a dollar, gaining 0.8 percent (N10) over N1,260 closed on Tuesday at the parallel market, popularly...
Following the Easter holiday break, the foreign exchange (FX) market reopened on Tuesday with a notable surge in the value of the Naira against the US...
The beginning appreciation of the Naira against the dollar as a result of the positive policy formulation from the Monetary Policy Meetings (MPC) is a welcome...
The naira is poised to maintain its upward trajectory against the US dollar, propelled by the recent decision of the Central Bank of Nigeria (CBN) to...
By Sodiq Adelakun The Naira demonstrated remarkable resilience against the US dollar throughout March 2024, signaling a pivotal moment in Nigeria’s exchange rate trajectory. Official data...