Dollar Gets Stronger As Black Market Records N600/$
The Dollar has pushed the Naira above N600/$ due to the US Fed’s hawkish stance and the bullish momentum of ...
Tag: Exchange rate
Why We Do Not Want To Float The Exchange Rate – Emefiele
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has explained why the apex bank cannot freely float ...
Naira Slopes To N417 Per Dollar
The naira continued its downward trend as the dollar was sold for N417.51 at the official market on Thursday. This ...
Naira Slopes To Significant Lows
In what has become a trend, Naira fell to a record low over-the-counter on the last trading day of 2021, ...
Naira Drops at Official Market Amid External Reserve Slump
The exchange rate between the naira and the US dollar closed at N415.07/$1 at the official Investors and Exporters (I&E) ...
CBN Denies Removing Exchange Rate From Its Website
The Central Bank of Nigeria (CBN) has refuted media reports that it took the foreign exchange rate off its website. ...
International Airfares Spike Amid Naira Crash
The lingering shortage of foreign exchange in Nigeria has forced the naira to crash against the United States dollar on ...
Naira Slumps To Lowest Record in Official Market
The value of the naira fell further by 1.68 per cent against the dollar at the official market on Thursday. ...
Banks Comply With CBN’s Forex Directive, Sells Dollar at N412
As the modified Foreign Exchange (FX) regulation by the Central Bank of Nigeria (CBN) debuts, commercial banks in the capital ...
Naira Appreciates at I&E Window as Crude Oil Prices Reach 3-yr High
The exchange rate between the naira the US dollar closed at N411.13/$1 at the Investors and Exporters window, where forex ...
