Tag: Dollar Naira

Banks to pay customers money sent from abroad in naira

Following the recent directive by the Central Bank of Nigeria, restricting the

Alade Abayomi ADeleke Alade Abayomi ADeleke

Naira strengthens at official window, weakens on black market

The naira appreciated in the official window on Monday following a statement

Bisola David Bisola David

Naira falls at black market despite CBN’s FX backlog clearance

The value of the naira declined considerably on Tuesday on the P2P

Bisola David Bisola David

Naira trades 864/$ on official market as dollar supply rises

The naira closed at N864.29/$ on the official Investors and Exporters window,

Bisola David Bisola David

Naira drops 11.4% to N927/$1 on official market

The Nigerian Autonomous Foreign Exchange Market, the official FX window, saw a

Bisola David Bisola David

Naira closes at N1,100/$ on parallel market 

This week, the naira's value in the parallel market dropped by 15.79

Bisola David Bisola David

Naira falls to N1,030/$ as speculators react

The naira lost the momentum it had gained last week and plunged

Bisola David Bisola David

Naira falls to 801.1/$ at official market

The naira fell to the dollar by 1.1 per cent on the

Bisola David Bisola David

Naira falls further, trades at 1,190/dollar

The naira has continued to decline as the dollar's shortage gets worse

Bisola David Bisola David

Growing gap between dollar, naira sparks concerns of forex round-tripping – Report

There are growing worries that the growing gap between the dollar and

Bisola David Bisola David