Naira stabilizes at N1,615/$1 across both official and parallel markets amid CBN’s new duty rate
The official market witnessed a slight depreciation in the Naira-dollar exchange rate, closing at N1,615.94 to $1, a 0.78% decrease.
Tag: Naira
Naira volatility: Nigeria requests Information from Binance on top 100 users
Nigeria is pushing Binance, a cryptocurrency exchange for information on its top 100 users in the country, as well as ...
Naira stays above N1,600/$1 as traders await another “circular” Friday
The official market witnessed a slight gain in the value of the Naira against the US Dollar, reversing the downward ...
Naira fails to capitalize on weak dollar
The Naira reversed course yesterday, falling at the official window after rising for four days in a row despite the ...
Naira depreciates by 7.32% to N2,050 against Great British Pound at the black market
The parallel market exchange rate has experienced a substantial decline, reaching a low point of N2050 per Great Britain Pound ...
Official exchange rate closes week at N1,548.25/$1 as CBN takes action against illicit activities
The Naira exhibited a positive trend against the US Dollar in the official market, concluding the week at N1,548.25/$1.
U.S dollar set for first weekly fall in 2024 while naira shows momentum
The U.S. dollar index was on track for its first weekly fall in 2024 while the naira appreciated at the ...
The Naira Crisis – Crypto Naira
A few days ago, I found myself pondering over the perplexing question: "How did the Naira transform into a cryptocurrency?"
Official exchange rate closes at N1609.51/$1 against dollar after CBN’s policy rate hike
The official exchange rate between the naira and the US dollar on Wednesday, February 28th, 2024, appreciated slightly by 0.4% ...
Binance disables the naira feature on its P2P market
Binance, a widely used crypt exchange with over 170 million users worldwide disabled its peer-to-peer feature for Nigerian users.
