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Naira appreciates against the dollar to close at N410

The value of the naira against the US dollar appreciated on Monday as it closed at N410.33 at the Importers and Exporters window. This represents...

Naira appreciates against the dollar to close at N409.65

  The exchange rate between Naira and the US Dollar on Thursday closed at N409.65/1$ in the Importers and Exporters window. This represents a 0.33% appreciation...

Naira exchanged at N409.8 to the USD as oil price crashes...

  On Tuesday, the naira and the US Dollar exchanged at N409.8/$1 at the I&E window with oil crashing to $60 per barrel. This represents a...

ABCON endorses ‘Naira 4 Dollar Scheme’ as useful for stability of...

The recently introduced 'Naira 4 Dollar Scheme' has been endorsed by the Association of Bureau De Change Operators of Nigeria (ABCON). The group said it...

Naira adjusted to N410 to a dollar at official market, says...

  The naira has dropped at the official market to N410/$1, the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has confirmed. The disclosure...

Naira maintains N409 exchange rate to $1 for second day

  By Francis Ogwo The naira after dropping to N409.67 on exchange to the dollar has remained stable closing at N409.67/$1 at the NAFEX (I&E Window). The...

Naira plunges deeper to N409 to $1 

  By Francis Ogwo The naira depreciated further to the dollar closing at N409.67/$1 at the NAFEX (I&E Window) on Monday even as the dollar supply...

Naira exchanges at N400 to the dollar for second day

  By Francis Ogwo The exchange rate between the Naira and the US Dollar closed at N400 to the dollar at the Investors and Exporters window...

Naira plunges amid drop in external reserves to $36.12bn

  By Francis Ogwo The naira dropped last week due to high dollar demand as it depreciated in both the parallel market and the Investors and...

Prices of gold crash with rise in dollar

  By Francis Ogwo The prices of gold traded at $1,826/ounce which was about 0.50% loss in value. This is coming as global investors weighed the...

Covid: WHO declares new strain ‘Omicron’ variant of concern

The World Health Organisation today assigned the Greek letter Omicron to a newly identified Covid variant in South Africa. The U.N. health agency recognized the...
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