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Naira sinks to N644/$1 at peer-to-peer market amidst forex scarcity

  The exchange rate between the naira and the US dollar closed at N426.58/$1 at the Investors and Exporters (I&E) window, where forex is traded...

Naira records worst depreciation in Q2 2022

  Nigeria has recorded the worst depreciation in the second quarter of 2022 This is despite theCentral Bank of Nigeria (CBN)'s numerous attempts to defend the...

Naira dips again to dollar at Investors, Exporters window

  Naira dipped against the dollar at the Investors and Exporters Window on Tuesday, exchanging at N430. The figure implied a depreciation of 1.00 per cent,...

Dollar exchanges with the naira at N615

  The Naira has exchanged with the dollar at N615 making it the lowest ever, following scarcity of the greenback, BusinessDay reports. With the current rate...

Naira dips to N611/$1 at the black market

  The naira and the US dollar closed at N420.5/$1 at the Investors and Exporters (I&E) window. Naira closed slightly weaker on Wednesday with a 0.05%...

Naira dips to N420/$1 at I&E window amidst parallel market moderations

  The exchange rate of the naira and the US dollar closed at N420.75/$1 at the Investors and Exporters (I&E) window. Naira recorded a 0.12% depreciation...

Trade deficit hits $764m in Q1 – CBN

  Nigeria’s international trade deficit increased by 175.13 percent from $152.94m in January 2022 to $420.79m in March 2022. This is according to data from...

Naira dips at forex markets as supply hits $202.1million

  The naira and the US dollar exchanged at N416.5/$1 at the official Investors and Exporters (I&E) window. The exchange rate at the I&E window depreciated...

Naira stable at P2P market, trades at N581/$1

  The naira and the US dollar on Monday, closed at N416.5/$1 at the official Investors and Exporters (I&E) window. The exchange rate at the I&E...

Naira dips to N581/$1 at P2P forex market

  At the official Investors and Exporters (I&E) window, the exchange rate between the naira and the US dollar closed at N416.67/$1 The exchange rate depreciated...

FG queries NPA over $753m, N1.61bn debt owed by port terminal...

  The Nigerian Ports Authority has been queried by the Office of the Auditor General for the Federation has queried over the failure of 18...
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