Tag: Naira

[ICYMI] Naira slips further to N1520/dollar at official market

Having depreciated to N1,478.11 to the dollar on Monday, the value of

Onwubuke Melvin Onwubuke Melvin

Naira surges to 1,275/$ at parallel market

The naira strengthened against the United States dollar, appreciating by N125 to

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Naira slides to N1,450/$1 on parallel market

The Nigerian naira continued its downward trajectory, extending its weakening trend yesterday

Alex Omenye Alex Omenye

Nigeria’s FX reserves shrink, sparks naira float speculation

The Nigerian foreign reserves are depleting at a pace not observed in

Alex Omenye Alex Omenye

Naira sells at N1262 against dollar

The naira, on Wednesday, continued its gain against the United States dollar,

Onwubuke Melvin Onwubuke Melvin

FG must borrow to save naira – EIU

Melvin Onwubuke International business research firm, Economist Intelligence Unit, has said that

Alex Omenye Alex Omenye

Naira falls at official rate despite dollar weak gains

The Naira lost value at the official exchange rate on Tuesday, after

Bisola David Bisola David

Naira devaluation worsens Nigeria’s debt woes

Nigeria's foreign debt has significantly increased as a result of the naira's

Bisola David Bisola David

Naira increases to 1609/$ at official market

On Wednesday in the official market, the value of the naira slightly

Bisola David Bisola David

Naira depreciates to N2100/£1 in black market

By Alex Omenye   The naira witnessed a significant decrease, peaking at

Bisola David Bisola David

Naira decline continues in parallel market, N1,700/$1

By Melvin Onwubuke   Nigeria Naira strengthened against the dollar in the

Bisola David Bisola David

FG seeks $10bn to stabilize exchange rate amid naira fall

The Nigerian Federal Government is planning to raise $10bn to improve liquidity

Bisola David Bisola David