Tag: Dollar
Naira crashes to ₦800 per Dollar in parallel market
The naira’s unprecedented depreciation reached another alarming height under the President Muhammadu Buhari regime on Saturday. The naira is currently ...
Naira declines by 50% since CBN ban on BDCs
Since the Central Bank of Nigeria (CBN) prohibited the sale of dollars to bureau de changes, the value of the ...
CBN okays dollar sales by Payment Service Banks
The Central of Nigeria (CBN) has released supervisory framework for Payment Service Banks. The framework among other things empowered the ...
We have put policies in place to tackle naira depreciation, says CBN
The Central Bank of Nigeria (CBN) has stated that it has established policies to address the persistent depreciation of the ...
Naira slides to N751 per dollar at parallel market as demand surges
The Nigerian naira, on Thursday, slumped to N751 per dollar at the parallel section of the foreign exchange (FX) market ...
Naira appreciates slightly against dollar
On Monday, the Naira slightly strengthened against the dollar at the Investors and Exporters window, trading at 436. In comparison ...
Naira appreciates 0.10% against dollar at official market
The Nigerian naira took a breather on Tuesday, September 25, as it appreciated against the US dollar in the first ...
Naira exchanges at N724 to a dollar
The Nigerian naira has dropped to a new low against the US dollar in the black and peer-to-peer (P2P) forex ...
Naira loses marginally, exchanges at 436.50 to dollar
The Naira on Wednesday maintained its negative performance against the dollar at the Investors and Exporters window, exchanging at N436.50 ...
Again, naira crosses N700/$ mark at parallel market
The naira has continued its downward trend, falling to N702 per dollar at the parallel market on Monday. The figure ...
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