Dollar no longer king, Onanuga declares as Chinese traders accept naira
The Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga, has said that ongoing economic reforms are restoring foreign…
Dollar-Naira rate
Naira records highest single-day gain at official FX market
The Naira on Thursday recorded the highest single-day gain against the dollar at the official foreign exchange market this week amid a…
Naira rises to ₦1,537.07/$, ends two-day depreciation streak
The naira closed at ₦1,537.07 per $1 on Wednesday, slightly stronger than the ₦1,537.61 per $1 recorded on Tuesday, ending two straight…
Naira falls to N1260/$ at parallel market
The value of the Naira fell on Wednesday, December 13, from N1,220 to N1,260 per dollar in the parallel market on Tuesday.…
BDC operators warn currency speculators as naira gains
The Nigerian Association of Bureau de Change Operators has cautioned currency speculators to be cautious as the Naira appreciates further against the…
Naira falls further, trades at 1,190/dollar
The naira has continued to decline as the dollar’s shortage gets worse and started trading at 1,175/$ and ended the day at 1,190/$…
Naira crosses N1,000/$ in parallel market
The foreign exchange crisis in Nigeria deepened on Thursday as the parallel market witnessed a significant surge in the exchange…
Naira drops to 980/dollar as FX worsens
The naira maintained its downward trend after trading at 980/$ on the parallel market on Wednesday. The Punch reported that the naira’s rate…
Naira drops despite weak dollar, trades at N925/$ on black market
The Naira declined considerably versus the US dollar on the official market on Tuesday, according to market prices published on the FMDQ…
Naira rises on official market, trades 740.67/$
The naira rose against the dollar on Thursday, closing at 740.67/$ on the Investor & Exporter FX window. The naira closed on…
Naira recovers, trades N850 per dollar at black market
The naira recovered against the US dollar on the parallel market, closing at 850/dollar on Wednesday. A planned intervention in the foreign…
Naira rises 4.31% at investors, exporters window
The naira strengthened against the dollar on Friday, trading at N743.07 in the Investor’s and Exporters’ window. When compared to Thursday’s exchange…