On Friday, Godwin Emefiele, the governor of the CBN, announced that the monetary policy team wants to shut down speculative trading of foreign exchang...
Nigerians who could not access foreign exchange (FX) through the official channels bought the Dollar at the unregulated forex market on Monday at N550...
Nigeria’s currency on Thursday fell to a new all-time low of N540 per dollar at the parallel market as demand pressure intensified. This...
Nigeria’s legal tender on Wednesday dropped to N535 per dollar at the parallel market and shed 0.20 percent at the official market des...
On Wednesday, the naira depreciated against the dollar after steadying at N515/$ for the past one week at the parallel market, also known as the ...
The Federal Government of Nigeria has pegged the exchange rate at N410.15/$1 and the crude oil benchmark at $57 per barrel for the 2022 budget it...
The naira began the week negative as it depreciated against the Dollar by 87kobo at the Investors and Exporters (I&E) segment of the foreign ...
At the end of five trading days at the foreign exchange market, the naira kept strong against the dollar despite a 34.30 percent drop in liquidit...
The naira slipped against the dollar at the official Investors and Exporters (I&E) window of the foreign exchange (FX) market on Thursday, August ...
The naira dropped against the dollar at the close of Tuesday trading at the Investors and Exporters window, where forex is traded officially. ...
Nigeria's domestic currency depreciated in value across forex markets at the close of Wednesday's trading. The naira declined against ...
The naira depreciated against the U.S. dollar at the official Investors and Exporters' window as the dollar supply dropped significantly by 58.5%....
After the Federal Government imposed a ban on the use of the microblogging platform Twitter on Friday, the nation's currency plunged to N502/$1 at...
The Naira fell at the parallel market on Thursday after the Central Bank of Nigeria devalued its official exchange rate by 7.6 percent and adopted the...
Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN) has claimed that the rumours about Federal Government adopting a flexible exchange rate...