Naira depreciates to N1,355/$ in parallel market
The naira yesterday depreciated to N1,355 per dollar in the parallel market from N1,350 per dollar on Monday. “However, the naira appreciated to N878.61 per […]
Naira
Naira falls to N1,350/$ in parallel market
The naira yesterday fell to N1,350 per dollar in the parallel market from N1,295 per dollar on Tuesday.However, the naira depreciated to N931.23 per dollar […]
Naira Shows Recovery Against Dollar After Last Week Slump, Sells At N806.73 To $1
The naira recovered from N837.77/$1, on Monday, to N806.73/$1, on Tuesday, after it slumped to N927.19/$1 on Friday, December 1, 2023 at the official market. […]
Supreme Court Orders Nigerian Government To Allow Old, New Naira Notes Co-Exist Till Further Notice
It had been reporter on February 8, that the Supreme Court temporarily restrained the federal government from banning the use of the old naira notes […]
Cash Scarcity Returns To Kano, Borno
As the December 31 deadline for the use of the old N200, N500 and N1000 banknotes approaches, scarcity of cash has been noticed in Kano […]
Nigerian Currency, Naira Appreciates Against Dollar At Parallel Market After Long Recession
Also according to Nairametrics, Naira peaked at N1279/$ on Thursday evening but settled at N1113/$ on Friday as of the time of filing the report. […]
Exchange rate quotes for N1100 at parallel market
The exchange rate between the naira and dollar fell to N1,100 on the black market according to traders who sell forex per inflow. Nairametrics obtained […]
Naira Redesign: CBN Collected N3.2tn, Printed Only N402bn – Falana
A Senior Advocate of Nigeria, Femi Falana, has disclosed that the Central Bank of Nigeria (CBN) collected approximately 3.2 trillion Naira from various sources but […]
Despite Lifting FX Ban, Dollar Supply Declines To $53.02m
Nigeria recorded a significant drop in dollar supply on Friday, a day after the Central Bank of Nigeria lifted the forex ban on 43 items. […]
Naira crumbles to 920/$, fuel marketers push for fresh price hike
Oil marketers, on Thursday, insisted on a possible hike in the pump price of Premium Motor Spirit, popularly called petrol, following a further plunge in […]
Naira depreciates to N768.6/$ in I&E window
The naira yesterday depreciated to N768.6 per dollar in the Investors and Exporters, I&E window. Data from FMDQ showed that the indicative exchange rate for […]
EFCC to arrest Nigerians who keep their dollars
The Economic and Financial Crimes Commission (EFCC) has warned that it will arrest Nigerians stockpiling and hoarding forex as authorities activates desperate measures to salvage tumbling […]