CBN’s Interest Rate Hike Pushes Naira Down Across FX Markets
CBN's decision to increase the interest rate to 17.5% pushed down the value of Naira at the different foreign exchange markets.
Naira Falls To N750 At P2P, N737 At Black Market
The value of the naira against the dollar went down to N750 in the peer-to-peer market segment and N737 in the black market, OduNews reports.
Naira Gains At Black Market Amid Inflow Of Forex
The naira appreciated against the dollar at the parallel market segment of the foreign exchange market.
Naira Weakens To N456.33 Per Dollar At Official Market
The value of the naira weakened against the dollar on Wednesday at the Investors and Exporters (I&E) window and other forex market segments.
Naira Redesign To Negatively Affect Poor Nigerians, SMEs – World Bank
The world bank has warned that the Nigerian government decision to redesign the naira will have negative effects on the poor and small and medium enterprises in the country.
Naira Falls To N744 Per Dollar At Black Market
The value of the naira crashed to N744 against the dollar at the black market on Monday, OduNews reports.
Naira Rises To N450.58 Per Dollar At I&E, N742 At Black Market
The rate of the naira to the dollar rose across the foreign exchange market segments on Thusday, OduNews reports.
Naira Appreciates To N740 Per Dollar At Black Market
The Naira appreciated significantly at the Peer-to-peer and parallel markets on Thursday selling between N740 and N750 per dollar.
Redesigning The Naira Note; Hit Or Miss?
Reactions have continued to trail the Central Bank of Nigeria’s decision to redesign the naira notes. While many have commended...
Forex Crisis Worsens As Naira Hits N880/$ At Black Market
The free-fall of the naira against the dollar took a new turn on Thursday as it traded for N880 per dollar at the black market.
Bank Of America Says Naira May Devalue By 20% In 2023
The Bank of America says the Nigerian currency is 20% overvalued against the dollar and this is expected to balance up by 2023.
Naira Hits N750 Per Dollar At Black Market
The Nigerian currency crashed to N750 per dollar at the black market on Friday, OduNews gathered.
Naira Exchanges For N433/$ At Official Market
The naira was exchanged for N433.33 at the Investors and Exporters (I&E) window of the forex market.
Naira Falls To N705 Per Dollar At Parallel Market
The value of the naira fell to N705 per dollar at the black market on Tuesday, OduNews reports.
Naira Falls To N434/$ At Official Market
The rate of the naira to the dollar fell to N434 in the Investors and Exporters (I&E) segment of the foreign exchange market on Monday.
Naira Falls To N430 Per Dollar At Official Market
The value of the Naira at the Investors and Exporters (I&E) window of the forex market fell to N4299.44 per dollar on Wednesday.
Naira Trades N430/$ At Investors & Exporters Window
The naira appreciated by 0.08% at the Investors & Exporters FX Window to close at N430.67/USD while the NAFEX rate depreciated by 0.16% to close at N428.00.
Naira Falls To N431 Per Dollar At Official Market
The value of the Naira fell to N431 a dollar at the official forex market, the Investors and Exporters (I&E) Window
Naira Falls To N700/$ At P2P, Stable At Black Market
The value of the naira against the dollar depreciated by 0.14% at the Peer-to-peer (P2P) window to N700 per dollar as against the N699 it traded the previous day.
Naira Falls To N686/$ At Parallel Market, Sheds 0.09% At I&E Window
The rate of the naira against the dollar fell to N686 at the parallel market on Tuesday as against N684 it traded on Monday.