Currency outside banks drops to N3.66tn in July
The amount of currency outside the Nigerian banking system fell to N3.66…
CBN sells dollars to BDCs at N1,251/$1 as naira strengthens
The Central Bank of Nigeria has issued a circular to Bureau De…
Analyst forecasts naira appreciation to N1200/$1
Melvin Onwubuke Goldman Sachs analysts Andrew Matheny and Bojosi Morule have forecasted…
Banks to pay customers money sent from abroad in naira
Following the recent directive by the Central Bank of Nigeria, restricting the…
Naira strengthens at official window, weakens on black market
The naira appreciated in the official window on Monday following a statement…
Naira falls at black market despite CBN’s FX backlog clearance
The value of the naira declined considerably on Tuesday on the P2P…
Naira trades 864/$ on official market as dollar supply rises
The naira closed at N864.29/$ on the official Investors and Exporters window,…
Naira drops 11.4% to N927/$1 on official market
The Nigerian Autonomous Foreign Exchange Market, the official FX window, saw a…
Naira closes at N1,100/$ on parallel market
This week, the naira's value in the parallel market dropped by 15.79…
Naira falls to N1,030/$ as speculators react
The naira lost the momentum it had gained last week and plunged…
Naira falls further, trades at 1,190/dollar
The naira has continued to decline as the dollar's shortage gets worse…