After the naira weakened to almost N900 per dollar last week it has sustained its momentum at the parallel market, appreciating N710 per dollar in Lagos...
THE exchange rate between the naira and the US dollar closed at N429.13/$1 at the official Investors and Exporters (I&E) window. Naira appreciated slightly against...
Central Bank of Nigeria officially devalued the naira to 410.25/$ after the country’s currency defied all interventions to retain its value. However, experts have said that...
THE naira will weaken in the parallel market and likely depreciate to 470 against the dollar in 2021, if oil prices stay at $50 per barrel,...
THE naira dipped slightly after it exchanged for N474/$ at the parallel market yesterday. It had earlier exchanged for 473/$ for most of last week....
THE naira exchanged N483 to the dollar in the parallel market yesterday. This was despite the regular interventions in terms of forex injections by the...
CENTRAL Bank of Nigeria has adjusted the value of the naira to exchange to the dollar at N381, as parts of measures to converge the nation’s...
THE latest continuous slide of naira has pressured Central Bank of Nigeria (CBN) to an emergency sale of about N114.6 billion (or $375 million) worth of...
