TAG
Naira
Naira depreciates further at black market on strong demand
Nigeria’s currency on Friday depreciated further by 0.39 percent to close at N510 per dollar as against N508/$ closed on Thursday at the black...
Naira closes strong despite 61.90% drop in liquidity
Nigeria’s currency on Thursday firmed by 0.19 percent against the dollar at the official market in spite of over 60 percent drop in liquidity.Naira/dollar...
Reps direct CBN to urgently check further devaluation of Naira
The House of Representatives on Wednesday directed the Central Bank of Nigeria (CBN) to urgently put in place a policy to check further devaluation...
Naira gains 0.02% to N409.67/$ at I & E FX window
The exchange rate between the naira and the US Dollar closed at N409.67 to a dollar at the Investors and Exporters window.The Naira appreciated marginally...
Why we introduced Naira 4 Dollar Scheme – CBN
The Central Bank of Nigeria has explained the reason for the introduction of the Naira 4 Dollar Scheme for Nigerians in the diaspora who are...
Naira Abysmal Appreciation
By Adefolarin A. OlamilekanThese are not the good times for the Nigerian Naira currency. The Nigerian economy, its Central Bank, the custodian of its...
Naira Gains 9.3% at Parallel Market on Planned CBN’s Intervention
The naira strengthened to N435 to a dollar at the parallel market yesterday as against about N480 to a dollar it had been trading...
Why naira is on a free fall against the dollar
By Amadin Idahosa and Joshua TasieThe latest exchange rate of the naira against dollar is currently placed at N379, from the initial N361 to...
Naira strengthens marginally to dollar at I&E window
The Naira on Monday gained marginally to the dollar at the Investors and Exporters (I &E) window closing at N389.25 to a dollar as...
Naira weakens further as dominant currencies alter pricing decisions
The International Monetary Fund has expressed concerns that currency movements pose great challenges to developing countries’ domestic economy, especially trade.The concerns is to the...