Tag: Naira
Good news? Naira gains, trades N775/$ at parallel market
The naira has appreciated to N775 per dollar at the parallel section of the foreign exchange market. The figure represents an appreciation ...Naira redesign: dollar may crash to N200 – EFCC chairman
The redesigning of the Naira might crash dollar exchange rates in the country to ₦200. This is according to the Chairman ...Again, naira depreciates to N790/$ at parallel market
The improving fortune of the naira at the parallel market, popularly known as the black market, was reversed on Tuesday as the ...Naira rise: Inject more dollars to sustain gains – Experts tell CBN
Reports have shown that the Nigerian naira is currently making a comeback. The naira has made a comeback rising to N730/$ ...Forex crisis: Naira rebounds to 720/dollar
The naira has rebounded by 20.8 per cent to 720/dollar at the parallel market. The development, according to The Punch, came two ...Naira redesign: Nigerians, firms deposit N52bn in two weeks
No fewer than N52bn cash have returned to banks following the announcement by the Central Bank of Nigeria that it will redesign ...Despite EFCC’s raids on BDC hubs, Naira slumps to N885/$
The naira has dropped to a new low of N885 per dollar at the parallel section of the foreign exchange market, popularly ...Naira continues free fall, hits N815/$ at ‘black’ market
The naira has continued its free fall in the parallel market, popularly known as the ‘black market’ depreciating to N815 per dollar ...Naira may devalue by 20% in 2023, says BoA
The Bank of America has said Nigeria’s local currency unit will weaken further next year as its current exchange rate to the ...Forex scarcity bites harder, as Naira hits N742/$ at parallel market
The naira has dropped to a record low of N742 per dollar at the parallel section of the foreign exchange market, popularly ...