The naira dropped week on week in the foreign exchange market due to various contending market dynamics. The battle to save the soul of the local...
The value of the naira depreciated at the unofficial market on Wednesday as it traded at 1,705/dollar, according to Bureau De Change operators in Lagos and...
The naira exchange rate improved slightly in the forex market amidst rumour, expectation that the Central Bank of Nigeria (CBN) may not resume retail Dutch auctions...
Nigeria will settle crude sales to Africa’s newest and biggest oil refinery using the local currency’s rate in its foreign-exchange market, dousing concerns that it would...
The second half of this year is expected to see the naira exchange between N1,423.26 and N1,550, according to a research by United Capital titled Balancing...
After several days of losses, the naira recovered against the US dollar for the second time in a week. The Nigerian currency has been battered for...
The naira weakened for a third straight day after hitting three-month highs, amid deteriorating domestic dollar liquidity after Nigeria’s foreign exchange reserves declined to a seven-year...
On Friday, April 12, 2024, the naira witnessed a significant surge in value on the official market, reaching a trading rate of N1,142.38 against the dollar....
Following a three-day holiday break, one dollar sold for N1,125 on the streets on Friday, April 12, 2024, indicating a moderating decline in demand. The currency...
The Economic and Financial Crimes Commission (EFCC) has filed 6 counts charged against crossdresser Idris Olanrewaju Okuneye popularly known as Bobrisky on Thursday, April 4, 2024....
