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Naira

Naira dips against Dollar by -0.12%

The Naira exchanged at N419.00 to the dollar at the Investors and Exporters window on Friday, a -0.12 per cent depreciation, compared to 418.50...

Naira slides 0.5% to N581/$1 at Parallel Market

Nigerian naira traded at N581 per dollar on Friday at the parallel section of the foreign exchange market.The figure is lower by N3 or...

Naira drops 0.2% to trade N578/$1 at parallel market

The naira, on Wednesday, depreciated further against the dollar at the parallel section of the foreign exchange market.Bureaux De Change operators (BDCs), popularly known...

CBN to Stop Sale of Forex to Banks as Naira Falls Against Dollar

By Becky AdiNaira fell massively at the black market on Thursday after traders learned that the Central Bank of Nigeria (CBN) was planning...

Naira depreciates as banks shift BTA/PTA rates to N419 per Dollar

The value of the Nigerian naira depreciated by 1.5 percent as banks shifted personal travel allowance (PTA) and business travel allowance (BTA) rates from...

Naira gains, exchanges for N565/$1 at parallel market

The Nigerian naira gained marginally against the US dollar at the parallel market to trade at N565 per dollar.This figure is N5 or 0.9...

Naira gains at official market despite a significant drop in forex trading

The exchange rate between the naira and the US dollar closed at N414.8/$1, at the official Investors and Exporters window, despite reduction on forex...

Naira crashes to record low at official market

The value of the naira fell further by 1.68 per cent against the dollar at the official market on Thursday.At the Investor & Exporter...

CBN: No Plan To Convert Domiciliary Accounts Into Naira

The Central Bank of Nigeria (CBN) has denied a claim that it directed banks to convert all customers’ domiciliary accounts meant for dollar and...

Naira weakens further to 517 against Dollar

The naira fell further against the dollar at the parallel market on Wednesday after staying steady at 515/$ in recent days.The local currency fell...

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