US Dollar Index hits 2-Year high as other G5 currencies decline; Naira and Cedi remain stable
The US Dollar index hit a fresh high, closing above 107.74 points as of the market ending on the 18th ...
Tag: Naira
Will the 51% foreign capital importation decline in Q3 affect the Naira as the legal tender resumes decline?
This article explores the current state of the Nigeria currency; which is on a decline and the systems in place ...
Naira shows stability in official market, maintains N1,550/$ bandwidth
The Nigerian naira showed stability in the official market as demand for the greenback moderated during the second trading session ...
All Naira notes remain legal tender indefinitely – CBN
The Central Bank of Nigeria (CBN) has reaffirmed that all denominations of Naira banknotes, including old and new designs, will ...
Why The Naira Is Crashing Again
On this special edition of MoneyBrief with Ugodre, we had Joanna put the boss on the hot seat! asking him ...
Naira’s exchange rate between official and black market widens again
The Central Bank of Nigeria’s unification of the official and parallel foreign exchange market rates is proving unsuccessful, as shown ...
Naira falls again to N1,685/$1 at the parallel market as volatility persists
The naira depreciated further at the parallel market to close at N1685/$1 at the end of business on Tuesday, December ...
Naira loses steam, drops against the dollar at parallel market as speculators show resistance
The naira crashed to N1640/$1 at the parallel market at the close of business on Monday, December 9, 2024, ending ...
Naira hits back on Euro at black market, sells for N1,690/€
The Nigerian currency posted strong gains against the European currency at the parallel market on the weekly spectrum amid ongoing ...
Forex market: BDC operators warn that speculators will resist naira appreciation
Currency traders under the aegis of the Association of Bureau De Change Operators of Nigeria (ABCON) have warned that forex ...
