Naira

The acting Governor of the Central Bank of Nigeria (CBN), Folashodun Shonubi, says the apex bank will, in the next few days, be taking...

The naira plunged to a record low of N925/$1 on the parallel market on Wednesday as demand for foreign currency outstripped supply.This is the...

The Naira on Wednesday, July 26, closed at N740.08 per dollar at the investors and exporters (I&E) window.This showed a 6.49 percent appreciation...

The exchange rate between the naira and dollar sold for an intra-day high of N815/$1 at the official Investor & Exporter Window on Wednesday,...

The Naira on Monday, June 19, closed at N770 per dollar at the investors and exporters (I&E) window.FMDQ Securities Exchange Limited said Monday's closing...

By Adefolarin A OlamilekanEconomists care much about the health and how nation's manage five mechanisms around their currency stability; that is, devaluation, revaluation, depreciation,...

The Central Bank of Nigeria (CBN) has reacted to reports claiming that it has devalued the naira to about 630 naira to a dollar.The...

The Central Bank of Nigeria (CBN) has devalued the Naira to N631 to the dollar from N461.6 it sold at the Importers and Exporters...

The Central Bank of Nigeria has called on the public to reject reports suggesting a withdrawal of the recently redesigned Naira notes from circulation.In...

The Central Bank of Nigeria (CBN) on Monday disclosed that the old N200, N500 and N1000 notes remain legal tender until December 31, 2023.CBN...