Tag: Naira
Naira drops against dollar by 0.46%
The Naira appreciated against the dollar on Monday as it exchanged for N463.50 at the investors’ and exporters’ window.
The rate represents a decrease of...
Naira gains further at investors, exporters’ window
The naira gained further on Thursday as it exchanged at N461 to the dollar at the Investors and Exporters’ window.
The rate represented an increase...
Businesses may shutdown over naira crisis, NECA warns
A prediction has been made by the Nigeria Employers’ Consultative Association of likely shutdown of small businesses if the lingering naira crisis persists.
The Director-General,...
Katsina traders reject old naira notes
On Monday, many bank customers in Katsina State,were delayed before being attended to following pressure by some of them who wanted to change their...
CBN to stabilize naira with $15.3bn
The sum of $15.3bn has been injected by the Central Bank of Nigeria into the economy to stabilise the value of the naira from...
Naira gains to N820/$1 at parallel market
There was an appreciation of the naira against the dollar at the parallel market on Wednesday after dipping to a new record low of...
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...