Naira gained against the dollar on Friday, 3rd February 2024 at the official market but declined at the black market.
Read moreDetailsThe Nigerian Customs Service (NCS) has increased the exchange rate for the for the clearance of goods by 42.7% from...
Read moreDetailsNaira has recorded a marginal drop at the official market to N1,461.90 per dollar at the first trading day in...
Read moreDetailsNaira has fallen to a record low of N1,515 per dollar following strong demand on the parallel market, also known...
Read moreDetailsThere are reports that currency traders otherwise known as Bureau De Change (BDC) operators have announced the shutdown of operations...
Read moreDetailsThe exchange rate between the naira and dollar closed the month of January at N1,455.59 representing a whopping 37.6% depreciation...
Read moreDetailsThe Central Bank of Nigeria (CBN) has issued a new circular that removes the previous cap on exchange rates quoted...
Read moreDetailsNaira gained against the dollar on Wednesday, 31st January 2024 at the official market after it plunged to a record low of N1,482.57...
Read moreDetailsThe Central Bank of Nigeria (CBN) has released a new circular addressing suspected cases of excessive foreign currency speculation from...
Read moreDetailsSome capital market operators have cautioned that quoted companies burdened with foreign liabilities or heavily dependent on imported inputs could...
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