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    NAIRA

    Naira gains at official market, weakens to N1500/$ parallel market

    The naira gained marginally against the United States dollar on Tuesday, appreciating to N1,499/ from an all-time low of N1,534/$ on the official Nigerian...

    Naira weakens at parallel market, rises at official window

    The naira strengthened at the official window on Monday, after the Central Bank of Nigeria Governor, Olayemi Cardoso, reassured that the apex bank was...

    Naira falls to all-time low on official window, trades 1348/$

    The naira fell to an all-time low of N1348.63/$ on the Nigerian Autonomous Foreign Exchange Market on Monday. This signifies a 51.21 per cent fall...

    BDC operators caution currency speculators as naira gains

    The Association of Bureau de Change Operators of Nigeria has warned currency speculators to be wary as the Naira strengthens further against the United...

    Naira slumps further, exchanges 1,190/$

    The naira has maintained its downward trend as scarcity of the dollar bites harder. At the parallel market, naira commenced trading at 1,175/$ and closed...

    Naira under pressure, Nigeria may seek dollar loan –IMF

    The International Monetary Fund has said the naira is currently under pressure and Nigeria is free to seek loan from the Fund to stabilise...

    Forex crisis: Naira plunges to 1,025/$, job losses, factory shutdown loom

    The naira fell further on Tuesday as it exchanged for the dollar at the parallel market between 1,005/$ and 1,025/$. Owners of small-scale enterprises, Nigeria...

    Naira tumbles to 980/dollar, FX shortage worsens

    The naira continued its downward trend after exchanging to the dollar at 980/$ at the parallel market on Wednesday. A week earlier, the naira exchanged...

    Naira slump: CBN clamps down on speculators, restricts diaspora remittances

    Following the tumbling of the naira at the parallel market in recent times, the Central Bank of Nigeria has started introducing foreign exchange intervention...

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