Dollar
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Business
Naira Depreciates at Official Market as Banks Sell $584 Million
The value of foreign exchange transactions recorded on the official Nigeria Autonomous Foreign Exchange Market has risen to $584m, according…
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Business
Naira weakens at parallel market, rises at official
The naira strengthened at the official window on Monday, after the Central Bank of Nigeria Governor, Olayemi Cardoso, reassured that…
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BREAKING
Rescue Naira : Federal Government Contemplates Converting $30 Billion Domiciliary Deposits to Naira
There are strong indications that the Federal Government is mulling a policy that will result in the conversion of foreign…
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Business
CBN Directs Banks to Sell Excess Dollars Within 24 Hours
Amid its fresh moves to stabilise the nation’s volatile exchange rate, the Central Bank of Nigeria has ordered Deposit Money…
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Business
CBN Warns FX Dealers Against Manipulation as Naira Slides to N1,500
Amid sustained slide of naira, which currently trades around N1,500 in exchange to a dollar, the Central Bank of Nigeria…
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Business
Naira Hits Record Low, Trades at N1,099 per Dollar in Official Market
The Nigerian naira tumbled to an all-time low of N1,099 against the dollar, on Friday, at the country’s official exchange…
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Business
Naira Stable at Parallel Market, Depreciates at Official I&E to N1,155, N881
The naira was stable at the parallel against the dollar where it exchanged at N1,155/$1 while it depreciated at the…
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